By Ayomide Otitoju Rite Foods Limited is advancing its innovation drive with the introduction of LIDA Malt Classic, a new non-alcoholic malt beverage developed to expand consumer choice and strengthen the company’s presence in Nigeria’s competitive beverage market. Anchored on the proposition “LIDA Malt. Made for You,” the brand reflects the company’s approach to innovation,…
By Ayomide Otitoju The formation of the Forum of CEOs of Federal Parastatals (FORCEPA) to support President Bola Tinubu’s re-election bid in 2027 has introduced a new dimension to the political mobilisation ahead of the next general election. Led by its chairman, Dr Kazeem Kolawole Raji, Director-General of the National Board for Technology Incubation, the…
By Ayomide Otitoju The fifth cohort of the Media Innovation Programme (MIP 5) will return next week for the final phase of their studies, with leadership, business planning, subscription-based media models and business journalism among the topics scheduled for the sessions. The final week will also feature project presentations and assessments, providing participants with the…
By Ayomide Otitoju Fidelity Bank Plc and its Managing Director and Chief Executive Officer, Dr Nneka Onyeali-Ikpe, have won two awards at the 14th BusinessDay Banks and Other Financial Institutions (BAFI) Awards. Onyeali-Ikpe received the Award for Excellence in Banking Leadership, while Fidelity Bank was named Best Bank in Oil and Gas Financing. The awards…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has called on stakeholders to strengthen efforts towards ensuring access to safe, nutritious and affordable food, while promoting agricultural development and building resilient food systems. Sanwo-Olu made the call on Friday at the grand finale of the 2026 World Food Day celebration, themed “Innovate Today, Nourish Tomorrow,”…
By Ayomide Otitoju Ten young innovators have emerged as finalists for the 2026 Nigeria PachiPanda Challenge 3.0, following the selection of candidates from 2,436 applications nationwide. The finalists are developing practical solutions to environmental challenges, with the competition aimed at supporting innovative ideas and helping young entrepreneurs build sustainable businesses. The finalists will converge in…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd) has activated emergency response measures following an explosion on a gas pipeline in Aleto community, Eleme Local Government Area of Rivers State. The incident occurred on Thursday, October 15, 2026, on a pipeline operated by NNPC Gas Infrastructure Company Limited (NGIC), an NNPC subsidiary….
By Ayomide Otitoju Rite Foods Limited has expanded its beverage portfolio with the launch of LIDA Malt Classic, a non-alcoholic malt drink positioned to offer consumers another option in Nigeria’s malt beverage market. The product, introduced under the brand proposition “LIDA Malt. Made for You,” was unveiled to media representatives and content creators during an…
By Ayomide Otitoju The Executive Director of the Extractive Industries Transparency Initiative (EITI), Mark Robinson, has received the Nigerian National Petroleum Company Limited’s (NNPC Ltd) 2025 Audited Financial Statement (AFS), commending the company’s progress in transparency and corporate governance. Robinson received the document from NNPC Ltd’s Head of Global Compliance, Murjanatu Gamawa, on the sidelines…
