With global cocoa prices surging to $10,000 per ton, the market value of Nigeria’s cocoa industry which comprises 250,000 tons in annual volume estimated to be over $6 billion could reach $25 billion, according to stakeholders. Stakeholders spoke about the potential of cocoa industry to transform the economy during the 25th anniversary and awards ceremony…
Oil major, Shell has restated commitment to the development of Nigerian companies through contract awards and scaling up of expertise. The commitment was given at the 13th edition of the Practical Nigerian Content forum in Yenagoa, Bayelsa State where Shell companies in Nigeria are among more than 700 oil and gas entities taking part. The…
A civic digital rights group, Paradigm Initiative (PIN), has blamed lack of sincerity of purpose among others, for the failure of the linkage of National Identity Number (NIN) with Subscriber Identity Module (SIM) cards to address criminal activities, especially kidnap-for-ransom. Speaking in Lagos with reporters as part of activities marking end of the year, Executive…
Airtel Nigeria’s leadership team has demonstrated outstanding excellence in innovation and technology as two of its directors were honoured with three prestigious awards at the 5th edition of the CIO & C-Suite Awards, held at the Civic Centre, Victoria Island, Lagos. The annual awards, organized by CIO Club Africa, celebrates outstanding achievements in technology and…
The National Information Technology Development Agency (NITDA) has said major big foreign tech companies operating in Nigeria, such as Microsoft, Google, TikTok, and other social media platforms, remitted a total tax of N2.55 trillion ($1.5billion) during the first half of the year, according to data released on the agency’s X handle. A statement signed by…
Ekiti State Governor, Biodun Oyebanji has assured People Living with Disabilities (PWD) in the state that his administration does not see them as burden to the society but as assets that could reshape the narratives in their respective communities. The governor also supported the PWDs with over 200 assisting devices, including wheelchairs, white canes, among…
A global leader in energy management and industrial automation, Schneider Electric, has reaffirmed its dedication to driving impactful change in Nigeria. The company gave its commitment during the Nigerian Society of Engineers (NSE) Conference held between November 18 and 20, 2024 The annual conference, which brings together engineers, policymakers, academics, and industry leaders, provided a…
The Nigeria Customs Service (NCS), Western Marine Command, Lagos has impounded 1,658 loaves of cannabis sativa, weighing 788 kilograms from three suspects all of which have been handed over to the National Drug Law Enforcement Agency (NDLEA). The seizures, alongside other confiscated contraband, had a total Duty Paid Value (DPV) of N182.1 million. The handover…
Electricity Distribution Companies (DisCos) in Nigeria has January 1st deadline to to complete ongoing meter upgrade also known as Standard Transfer Specifications (STS) – meters for all their customers, according to power sector regulator, Nigerian Electricity Regulatory Commission (NERC). According to the NERC on its X handle on Tuesday, it gave the ultimatum during the…
