By Ayomide Otitoju The Federal Government and electricity generation companies (GenCos) have agreed on a comprehensive payment plan to settle outstanding debts under the Presidential PowerA statement released on Tuesday by the Special Adviser to the President on Energy, Olu jen, said the framework, approved by President Bola Tinubu, is designed to address structural bottlenecks…
By Ayomide Otitoju Fearless Energy Drink, the bold and vibrant brand from Rite Foods Limited, has returned as the Exclusive Energy Drink Sponsor of Felabration 2025, the world-renowned festival celebrating the life, music, and legacy of Afrobeat legend Fela Anikulapo-Kuti. Themed “Shakara,” this year’s edition runs from October 13 to 19, 2025, at the New…
By Aytomide Ototoju Rite Foods Limited, Nigeria’s leading food and beverage company, has reiterated its commitment to building a sustainable food system as it joined the global community to commemorate World Food Day 2025, themed “Hand in Hand for Better Food and a Better Future.” Emphasizing responsible and sustainable production, the company noted that its…
By Ayomide Otitoju Ahead of World Food Day, South Africa’s fight against hunger gained fresh momentum as 60 young innovators came together for “The Biggest Hunger Hack,” a week-long challenge hosted by KFC Africa to tackle child hunger through technology-driven solutions. The event brought together some of the country’s brightest Gen Z minds to reimagine…
By Ayomide Otitoju As Latin America’s digital economy surges toward a projected value of nearly US$950 billion by 2026 (PCMI), the region is set to welcome its first-ever global tech and innovation event — GITEX LATAM. Organised by the Dubai World Trade Centre (DWTC) and KAOUN International in strategic partnership with the São Paulo Development…
By Ayomide Otitoju The United Arab Emirates and Türkiye have signed a landmark agreement to launch GITEX Ai Türkiye, a major artificial intelligence (AI) and technology exhibition set to become Türkiye and Eurasia’s most influential tech gathering. The partnership was formalized on the sidelines of GITEX GLOBAL 2025 in Dubai, the world’s largest technology event,…
By Ayomide Otitoju DHL Group has unveiled plans to invest over €300 million in Sub-Saharan Africa (SSA), underscoring its long-term commitment to the continent’s fast-growing trade landscape. The multi-year investment will be implemented across DHL Express, DHL Global Forwarding, and DHL Supply Chain to boost infrastructure, enhance service capabilities, and unlock new opportunities across key…
By Ayomide Otitoju Rite Foods Limited, Nigeria’s leading indigenous manufacturer of beverages and snacks, has moved up five places in the 2025 Top 50 Brands Nigeria® Ranking, rising from 27th position in 2024 to 22nd this year. The achievement underscores the company’s sustained brand strength, consumer trust, and growing influence within the country’s competitive food…
By Ayomide Otitoju Founder and Chairman of Zenith Bank Plc, Dr. Jim Ovia, CFR, was on Tuesday, October 14, 2025, honoured as the Doyen of the Nigerian Banking Industry during the Closing Gong Ceremony at the Nigerian Exchange (NGX) in Lagos. Dr. Ovia, accompanied by the bank’s Group Managing Director and Chief Executive Officer, Dame…
