…Urge Company To Target More Markets Shareholders of NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, have expressed satisfaction at the performance of the company but tasked the food seasoning company to expand its market share so as to increase revenue. Speaking at the NASCON’s 2019 Annual General Meeting (AGM) held yesterday in…
According to the World Health Organization, Nigeria is the country where 20% of all global maternal deaths happen and also the largest country in Africa. The high number of maternal deaths in Nigeria, especially in the rural communities is due to unequal access to health services. A safe birth kit with essential items will protect…
As the COVID-19 pandemic continues to take its toll on businesses and lives in general, His Royal Majesty, Oba Semiudeen Orimadegun Kasali, Emugoriade 1, the Adeboruwa of Igbogbo Kingdom, has assured his people that it is a phase that will pass. In a message to mark his fourth anniversary as ruler of Igbogbo Kingdom, Oba…
Recent years have witnessed a tenfold increase in the number of unicorns, rising from less than forty in 2013 to almost 400 in July 2020. The impressive growth of these private companies with a market valuation of over one billion dollars has been followed by the increasing number of venture capitalists willing to invest in…
In its continuous bid to support the growth of Micro Small and Medium Enterprises (MSME) and equip them with the necessary tools aimed at strengthening and sustaining their businesses, Pan African Financial Institution, United Bank for Africa (UBA) Plc is set to organise another MSME Workshop for entrepreneurs. The workshop which will hold on Wednesday…
Muslims in Nigeria have been asked to observe the Eid-el-Kabir celebration on Friday, July 31, 2020. The day was declared as Sallah day by the Sultan of Sokoto, Alhaji Sa’ad Abubakar III, who further urged Muslims to observe prayers in mosques. Abubakar, also the President General Nigeria Supreme Council for Islamic Affairs (NSCIA), made the…
Four persons involved in the harassment of a lady in a viral video few days ago have been apprehended by the Nigeria Police Force. Three of the four suspects are members of the police force, while the other is a civilian accomplice involved in the act, which the Inspector-General of Police (IGP) frowned at. It…
The buzz was palpable as Africa’s highly anticipated online series, The Men’s Club (TMC), hit the screens for its third season on Wednesday. The 13-episode smash series is powered by the United Bank for Africa’s Lifestyle and Entertainment channel, REDTV, producers of hit shows such as Our Best Friend’s Wedding, Inspector K, Assistant Madams, Red…
VFD Group Plc, a proprietary investor in financial services companies, is targeting a 2022 initial public offering on the Nigerian stock exchange, CEO Nonso Okpala tells The Africa Report. The Lagos-based company has appointed Kairos Capital to help it seek Nigerian and international investors, says Okpala, who holds about 24% of the company. He plans…
The Chief Medical Director of the Lagos State University Teaching Hospital (LASUTH), Professor Adetokunbo O. Fabamwo recently gave a presentation on the topic, ‘COVID-19; Myths, Realities and the Way Forward’, at a webinar organized by the Alumni Association of the National institute (Lagos chapter). Moderated by Major General Shina Ogunbiyi, the webinar saw various medical…