2 mn read The tech industry in Africa has not been immune to the global wave of layoffs triggered by the COVID-19 pandemic and subsequent economic challenges. Below is a list of the 10 biggest tech company layoffs across the continent since 2020, reflecting the scale of workforce reductions amid shifting market dynamics and strategic realignments. 1. Jumia […]
2 mn read Bricks & Mortars is a new initiative launched by Wigwe and Partners aimed at bridging the knowledge gap in real property acquisition and infrastructure development. This program is designed to provide valuable insights and guidance on the complexities of property investment, helping both individual investors and the broader economy navigate these challenges effectively. Key Components […]
2 mn read The Eko Care Initiative, led by Governor Babajide Sanwo-Olu’s Administration, continues to deliver on its promise to enhance the lives of Lagosians. Through its Alaafia Eko Healthcare Intervention and Ounje Eko Food Security scheme, the initiative has made significant strides in health and nutrition across the state. Alaafia Eko: Comprehensive Healthcare for Lagosians The Alaafia […]
2 mn read Welcome to the realm of international inbound shipping with GIG Logistics, where business owners can seamlessly manage the complexities of transporting goods from the UK, US, China, and Ghana to Nigeria. International inbound shipping often involves managing multiple suppliers, handling inventory, and ensuring timely delivery. However, with GIG Logistics as your partner, you can streamline […]
2 mn read Adedeji highlighted that the pressure on Nigeria’s foreign exchange reserves could be significantly reduced if sales of crude oil to the Dangote Refinery are conducted using local currency. The $20 billion Dangote Refinery, with a daily capacity of 650,000 barrels, is set to enhance Nigeria’s foreign exchange position. The project is anticipated to alleviate foreign […]
< 1 mn read BUA Foods to Build Four New Wheat Milling Plants, Boosting Capacity by 400% In a recent announcement on the Nigerian Exchange (NGX), BUA Foods revealed plans to construct four new wheat milling plants. This expansion will increase the company’s milling capacity from 500,000 metric tons to 2.5 million metric tons annually, marking a nearly 400% […]
< 1 mn read The Standards Organisation of Nigeria (SON) has recently been recognized for its impressive performance in service delivery and compliance. According to the Presidential Enabling Business Environment Council (PEBEC) Secretariat’s 2024 Half Year Transparency and Efficiency Compliance Report, SON secured second place with a score of 78.2%. This ranking highlights SON’s effective adherence to procedures and […]
2 mn read The Nigerian manufacturing sector is currently grappling with significant challenges, as evidenced by its declining growth rate and contribution to the overall GDP. The latest data from the National Bureau of Statistics (NBS) highlights a slowdown in the sector’s growth, with the second quarter of 2024 (Q2’24) showing a reduced growth rate of 1.28% compared […]
2 mn read The Nigerian stock market is displaying notable resilience as it experiences a 0.6% rise despite a significant 50% drop in trading volumes from the previous week. This uptick is largely attributed to the growing interest in financial services stocks, indicating a robust market confidence in the sector. Even with high yields on fixed-income assets […]
< 1 mn read Tolulope Joshua Oginni Launches Scholarship Program Tolulope Joshua Oginni, founder of Transtech Consulting, has introduced a groundbreaking scholarship program focused on equipping individuals with crucial tech skills. This initiative aims to support aspiring professionals in fields such as data analysis, web development, graphics design, UI/UX, and product management. Key Details: Scholarship Details: The program will […]
