Sony Group Corporation, the Japanese multinational conglomerate, has announced the launch of a new fund to support the growth of entertainment businesses in Africa. The fund, named Sony Innovation Fund: …
Business
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Nigeria is set to join the global race for electric vehicle production as it inaugurates its first lithium battery factory in Nasarawa State. The $250 million project, funded by China’s …
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Francis Meshioye, the President of the Manufacturers Association of Nigeria (MAN), warns of the potential demise of the manufacturing sector due to the soaring production costs. Meshioye shared this concern …
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The Business Climate in Nigeria Eric Umeofia, the CEO of Erisco Foods Ltd, expressed concern over the challenging business landscape in Nigeria. He pointed out the increasing number of companies …
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Nigeria’s naira currency has fallen to a new low of N1040 per dollar in the parallel market, where most Nigerians buy and sell foreign exchange. This is according to a …
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Nigerian banks have increased their lending to the private sector to a record high of N54.76 trillion in August 2023, partly driven by the foreign exchange revaluation gains from the …
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The Zone 2 Police Command based in Onikan, Lagos, is currently investigating a land dispute that led to the sealing of several oil and gas depots in Kirikiri Town, Lagos. …
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Despite significant advancements in healthcare, the battle against cancer, especially in terms of prevention and treatment, remains an uphill struggle in Nigeria. This article delves into the challenges surrounding access …
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Introduction Access Bank Plc, a prominent retail giant, is gearing up for the fifth installment of its annual women’s health month program, scheduled for October 2023. The ‘W’ Initiative, driving …
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Nigerian brewers face tough times as the country’s foreign exchange crisis has doubled their finance costs. This, coupled with rising inflation and supply chain disruptions, is putting a strain on …
