Tag: nigerian

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Nigerian Breweries embarks on strategic recovery plan to boost profitability

…Regional Maritime Development Bank Underway By Seun Ibiyemi The Federal Government has advanced the process of developing a National Policy on Marine and Blue Economy which is envisaged to deliver the target of over $2.7 billion contributions of the sector to the national economy. Director, Maritime Safety and Security Department, Ministry of Marine and Blue

Nigerian star Osayi-Samuel picks up injury amid hot title race in Turkey

Soccer Super Eagles defender Bright Osayi-Samuel will be unavailable for selection for Fenerbahce when they play Kayserispor on Sunday because of a slight injury,...

Former Nigerian International Babangida dies in tragic motor accident

Soccer Super Eagles legend Tijani Babangida and his family were reportedly involved in a tragic motor accident on the Kaduna-Zaria highway, resulting in the...

Nigerian Breweries to complete 80% acquisition of Distell Wines & Spirits in two months

Nigerian Breweries Plc has said that the final part of the transaction for the completion of the 80% acquisition of Distell Wines & Spirits Nigeria Limited will be completed in the first half of the year, which is between April and June 2024. Hans Essaadi, Managing Director/CEO of Nigerian Breweries Plc, stated this at the

Family of Nigerian businessman killed in California helicopter crash sues charter company -Telegram

Family of Nigerian businessman killed in California helicopter crash sues charter company  Leader-Telegram...

Nigerian foreign airlines dispute CBN claims of settled FX backlog

The Association of Foreign Airlines and Representatives in Nigeria (AFARN) has contradicted the Central Bank of Nigeria’s (CBN) recent announcement that it has cleared all outstanding foreign exchange obligations to airlines. AFARN President Kingsley Nwokeoma told BusinessDay that foreign airlines are still owed payments. Nwokeoma requested that CBN should “show us figures” on how much

Nigerian neobank Kuda eyes global reach with new licenses

Kuda Technologies, the Target Global-backed parent company of Kuda Bank, has secured payment licences in Tanzania and Canada as part of an expansion drive across Africa and the global market. One of those licences will allow it to offer remittance and multi-currency wallet services to Africans living in Canada. The second, a Tanzanian Payment Service

Nigerian businesses are forced to navigate high-flying delivery prices

The evening of her traditional wedding, Titilayo, a 27-year-old project manager, received a call to come and pick up a package she had ordered from the delivery station. The package contained her wedding shoes, and they had arrived three days late, just when the wedding was wrapping up and guests were leaving.  A week ago

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Too Little, Too Late? Sony Music Fires Off Blanket Warning Against the AI Mining of Its Catalog

Too little, too late? Sony Music has fired off a blanket warning against the unauthorized training of AI systems on its song catalog and other IP. The overarching Sony Music Group today made that clear-cut announcement on behalf of Sony Music Entertainment (SME) as well as its various subsidiaries and Sony Music Publishing (SMP). Spanning

Pandora Hits Back at MLC Lawsuit Over Streaming Royalties: ‘Legally Incoherent’

Music In a strongly-worded response, Pandora says the royalties...