The International Energy Agency, the African Development Bank and many other global partners have mobilised $2.2 billion out of the $4 billion needed annually to provide clean cooking alternatives to populations in Africa. IEA reports detailed that polluting and unsafe cooking methods cause the premature deaths of approximately 600,000 women and children every year. The…
Dele Kelvin Oye, the National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has called on the Central Bank of Nigeria (CBN), to stabilise the Naira by pegging and defending it, rather than leaving it to market forces. Oye said that pegging and defending the nation’s currency is a…
The Founder, The Tony Elumelu Foundation (TEF), Tony Elumelu, has said that his foundation has funded 700 healthcare entrepreneurs in Africa, with a gender distribution ratio of 49% male to 51% female. Elumelu stated this in his remarks during the Abu Dhabi Health Forum held in Abu Dhabi, United Arab Emirates. He said that the…
Cadbury, a member of the Mondelez International, and the parent company of Cadbury Nigeria, is 200 years in operations, this year (1824-2024).Here’s the inspiring story of it’s journey, from a grocery shop, to a factory, to the Cadbury we know today. This is the story of a father and two sons, and how their generosity…
In 2023, over 20 percent of Nescafé’s coffee was sourced from farmers implementing regenerative agriculture practices. This is disclosed by Nestlé’ in its second Nescafé Plan 2030 Progress Report, released on Tuesday. The report also shows the increased adoption of regenerative agriculture practices, contributing to improved farm yield, and reduced greenhouse gas (GHG) emissions. This data is based…
The primary objective was to foster collaboration and explore opportunities for increasing the export of petrochemical products from Nigeria. The visit saw the convergence of key stakeholders, including representatives from NEPC and the management team of Indorama Eleme Petrochemicals Limited. A comprehensive facility tour provided insights into the company’s cutting-edge infrastructure, production processes, and quality…
▪︎Akinbode Oluwafemi, Executive Director of CAPPA Corporate Accountability and Public Participation Africa (CAPPA) has condemned a five-year deal between Grammy Award-winning artiste Burna Boy’s company, BrkFst, and Aspire North America, LLC, a subsidiary of Inspire Technology Inc., for the manufacture and distribution of vaping products in Nigeria, Ghana, South Africa, and Europe. According to CAPPA,…
FlourMills of Nigeria (FMN) Group Chairman, Mr. John G. Coumantaros led a fireside conversation on how the Group has been successfully navigating the business environment during The Economist’s World Ahead 2024 Dinner Launch. Source: #FMNGroup
The Registrar-General/CEO, Corporate Affairs Commission (CAC) Hussaini Ishaq Magaji, cut the tape to formally flag off activities at the centre entre for Bulk Registration of Point of Sale (PoS) Operators, in Abuja on Wednesday, April 8, 2024
