A Cash Crunch, Forex Challenge Squeezing Unilever Out Of Nigeria
Unilever is cutting down production in Nigeria. The company has cited the country’s worsening economic condition for its move, which could now add to...
MTN Nigeria Proposes New Dividend Plan
TN Nigeria’s board of directors have proposed a scrip dividend plan that will see the company’s shareholders convert their dividends into shares instead of...
NCC Sets May 17 Deadline Telecoms Harmonised Codes
312 will be for Data Plan across networks
321 is for Share Services,
323 is for Data Plan Balance
996, is now for Verification of Subscriber Identity...
CVA 2023 Open portal for Value for Money Brands Nomination
BrandXchange, conveners of the 2023 Consumers Value Awards, have announced the commencement of nomination of brands eligible for voting.
According to Akonte Ekine, Chief Analyst...
Edo Refinery Places Fresh Order For 150,000 Barrels Crude
The Edo Modular and Refinery Company Limited has ordered the supply of 150,000 barrels of crude to meet the demand of its growing clientele...
Elon Musk Regains World’s Richest Person Title
Elon Musk has regained his position as the richest person in the world after making a whopping $6.98 billion in eight hours of trading.
He...
Nigeria: Connected Lines Hit 322 Million As Telcos Activate 3.6 Million...
The number of connected telephone lines in Nigeria has reached 322 million with teledensity at 118.5 per cent following the activation of 3.6 million...
CBN Pegs Tenure Limit For Bank MDs, Others At 20 Years
The Central Bank of Nigeria (CBN) has announced a revision of the tenure limit for executive management and non-executive directors of banks and financial...
UNDP, FCMB, CEFTER Support 25 Early-Stage Agritechs
United Nations Development Programme (UNDP), First City Monument Bank (FCMB) and the Centre for Food and Research (CEFTER) of Benue State University have supported...
Measurement Inaccuracies Responsible for 40% Of Crude Oil Losses – NUPRC
the Nigerian Upstream Regulatory Commission (NUPRC) has revealed that an estimated 40 per cent of the volumes of crude oil losses in the Nigerian...
Recent Posts
Fuel Subsidy To Double Total States’ Budget; Hits $16 Billion By Year End
Nigeria’s full-year estimate for petrol subsidy payment for 2022 will hit nearly US$16 billion or double the total expenditure budget of all 36 states...
60 Million Nigerians Suffer From Mental Illnesses
More than 60 million Nigerians are suffering from mental illnesses, according to the President of the Association of Psychiatrists in Nigeria, Prof. Taiwo Obindo.
Obindo,...
Ogun State Plans N392.7 Billion Expenditure On Infrastructure In Three Years
The Ogun State Government has revealed that it plans to spend a total of N392.7 billion in infrastructure between now and 2025 as part...
U.S Vice president Announces $100 Million Investment In Young African Leaders Initiative
The US Vice President Kamala Harris has revealed plans to work with Congress to fund an additional government investment of more than $100 million...
Meta Announces Monthly Subscription From $11.99 For Verified Facebook , Instagram Users
Meta, Facebook's parent company, has announced it is testing a new subscription service called ‘Meta Verified’ that would allow Facebook and Instagram users to...