BUA Group, an industrial conglomerate, has denied claims that its 200,000 barrels per day refinery in Akwa Ibom is 90 percent completed. In a statement yesterday, the management said the construction is progressing steadily. “Whilst the refinery is not at 90per cent completion, we are however on track to meet our delivery timelines in collaboration…
The Lagos State government has lauded management of Martell Tower for promoting cultural and educational experience in the state. State Commissioner for Tourism, Arts, and Culture, Toke Benson-Awoyinka, gave the commendation at the weekend when she visited the French Cognac pop-up – the Martell Tower. She lauded the management for their innovative approach to blending…
Nigeria’s fourth carrier, 9mobile, will require to invest $billion (about N4. 8trillion) to upgrade is entire network infrastructure to redefine its customers’ end user experience, its Chief Executive Officer, Obafemi Banigbe, has said. Speaking via a Zoom call, he also said the push for telecom end user tariff hike will soon be resolved by the…
Commercial banks owing telcos N250 billion USSD debt are complying with the joint order of the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) to pay ₦212.5 billion—85per cent of a ₦250 billion debt as stipulated in a December 20 memo. USSD stands for Unstructured Supplementary Service Data, a communication protocol that…
Chief Executive Officer (CEO) of MTN Nigeria, Karl Toriola, has said mobile network operators (MNOs) in the country are actually pushing for a 100 per cent hike in end user tariffs of telecom services. On April 25, 2024, telcos said their services were overdue for price increments as they have not raised rates in the…
Nigerian private sector appears to have experienced improvement during the final month of last year, according to report on Purchasing Managers’ Index (PMI). The report explained that overall business conditions improved as new orders increased for the second month running and renewed expansions were seen in output, employment and purchasing. That said, rates of inflation…
By Aliyu Gaya Corporate blackmail is fast becoming the fancy of some netizens, corporate bodies, individuals, especially fly-by-night persons who target the rich and their businesses for diverse reasons. It’s not restricted to Nigeria, though. The likes of Aliko Dangote, Mike Adenuga, Leo Stan Ekeh, Segun Agbaje, Tony Elumelu, and corporates like GTCO (Guaranty Trust…
Nigeria’s foremost composite e-commerce giant, Konga, has announced its first major sales event this year—Konga Jara. This exciting campaign offers shoppers massive discounts of up to 70%, providing a perfect opportunity to save big and kickstart the year with unbeatable deals. The 2025 edition of Konga Jara, themed “Confam New Year Deals,” commenced on Wednesday,…
Genius ways to be the life of party When it comes to making a splash without stealing the spotlight, some brands have mastered the art of showing up, showing out, and leaving everyone talking. At this year’s Flytime Fest, we just couldn’t ignore how some bold, lifestyle-driven liquor brands delivered a masterclass in how to…
