South Korean police have launched an investigation into a series of cyberattacks targeting the country’s financial sector, amid concerns that artificial intelligence may have been used to facilitate the breaches. More than seven financial institutions, including some of the country’s largest banks, reported customer data breaches over the past week, according to authorities. President Lee…
By Ayomide Otitoju JMG Limited has commissioned an advanced hybrid solar power system for La Chaumiere Group, a leading multi-brand culinary and hospitality company in Nigeria. The project is designed to provide reliable, sustainable and cost-efficient power for the group’s operations while reducing its dependence on diesel-powered generators. La Chaumiere Group, which operates premium hospitality…
By Ayomide Otitoju Businesses may create their names, logos, campaigns and brand promises, but customers ultimately determine whether those efforts translate into a trusted brand, John Kokome has said. Kokome said companies could invest heavily in visibility, technology and marketing, but their success depended largely on whether customers believed in their promises and found value…
By Ayomide Otitoju The Federal Government and the Lagos State Government have agreed to collaborate on delivering stable and reliable electricity to the Lagos corridor under the 24/7 Energy Zones pilot approved by President Bola Tinubu. The agreement was reached during a high-level technical meeting at Lagos House, Marina, between the Minister of Power, Joseph…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) has launched a nationwide ₦66 fuel discount promotion for customers using the NNPC Fuel App. The promotion, which runs from October 1 to 7, is available at NNPC filling stations across the country. NNPC announced the offer in a post on its X handle…
By Ayomide Otitoju Rite Foods Limited has donated 600 protective coveralls and waste management tools to workers of the Ogun State Waste Management Authority (OGWAMA) as part of efforts to support environmental cleanliness and recognise the role of waste workers in maintaining healthy communities. The donation was made to mark World Cleanup Day 2026, themed…
By Ayomide Otitoju The groundbreaking ceremony for the proposed Dangote East Africa Petroleum Refinery and Petrochemicals Special Economic Zone is scheduled to hold on Wednesday in Mokowe, Lamu County, Kenya. The refinery, estimated to cost about $16 billion, is planned to have a processing capacity of 700,000 barrels of crude oil per day and is…
By Ayomide Otitoju Africa is taking greater control of its industrialisation, Nigerian businessman Aliko Dangote said on Wednesday as a $16 billion oil refinery project was launched on Kenya’s coast. The refinery, being developed at the Kenyan port of Lamu, is expected to have a production capacity of 700,000 barrels per day, according to Dangote,…
By Ayomide Otitoju The company said its investments in local production, job creation, community development and the food and dairy value chain are aimed at supporting economic growth and improving access to affordable nutrition. Speaking on the anniversary, Promasidor Nigeria Chief Executive Officer, François Gillet, congratulated Nigerians and said the company would continue to support…
