Business

  The prices of garri, a major staple food, and tomatoes, have dropped significantly in Anambra, Ebonyi and Enugu States, bringing some respite to many households in the area. A survey carried out by the News Agency of Nigeria in ...

  FirstBank, the West African premier financial institution and financial inclusion services provider is proud to announce its 2024 Corporate Responsibility and Sustainability (CR&S) Week, scheduled for 19 to 24 August. This year’s edition aims to reinforce the bank’s positive ...

  The biting scarcity of Premium Motor Spirit (PMS), also known as petrol, which had hit the Federal Capital Territory (FCT) since over one month, became more acute at the weekend and spread nationwide, with fuel queues on a scale ...

  The Nigerian Electricity Regulatory Commission has issued permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and others for mini-grid electricity generation. The NERC said it issued nine new off-grid generation licences in the first quarter ...

  First City Monument Bank Limited has appointed Ademola Adebise and Mrs Olufunmilayo Adedibu to its board of directors. A statement from the bank on Wednesday described Adebise as a respected figure in the Nigerian financial industry and Adedibu as ...

The Managing Director/Chief Executive Officer of Union Bank of Nigeria, Yetunde Oni, has stated that the bank has initiated a recapitalisation process. Oni disclosed this in a statement as the bank released its half-year results, which showed a 58.19 per ...

The National Agency for Food and Drug Administration and Control (NAFDAC) has raised concerns about the quality of bread sold in markets, revealing that some producers are using saccharine instead of sugar due to high costs. This substitution has led ...

Prophet Jeremiah Fufeyin, a prominent Nigerian cleric, has announced that he will no longer sell his miracle water and soap, following criticism from social media Verydarkman. Verydarkman had publicly questioned the commercialization of these products, claiming they were being marketed ...

The 2024 Ecobank Fintech Challenge has produced 12 finalists, including Sawport Video Banking, and Sproutly Africa that Nigerian firms. The finalists were announced at the first semifinal event, which was held on Wednesday at the Ecobank Pan African Centre, Lagos, ...

  Nollywood actor Pat Attah is engaged in a legal dispute with Lagos-based TV channel TVC over comments made on their entertainment show E-splash. Pat Attah alleges that hosts Honeypot, Jaypaul, and Cassey Bashua Alimi misrepresented his statements from a ...

The National Agency for Food and Drug Administration and Control (NAFDAC) enforcement officers acting on intelligence reports, have uncovered an illegal facility producing various alcoholic beverages on Lagos Island area of Lagos. After thorough surveillance, the officers discovered that several packing stores and ...

A plane was forced to make a sudden diversion after the pilot revealed he was not certified to land. The Alaska Airlines/Skywest flight was approaching Jackson Hole Airport in Wyoming on Thursday when the pilot made the confession from the cockpit. The ...

The Lagos State Environmental Protection Agency (LASEPA) on Friday shuts a church and three other establishments over noise pollution in Lekki area of the State. LASEPA, in a statement on its X handle the closure of the establishments was in an ...

The Federal Government has appealed to aviation unions to shelve their plans for a strike over the deduction of 50 per cent of the internal revenue of aviation agencies. In a memo dated August 14, the unions comprising the National ...

  ‏‍Zenith Bank has started the process to raise N290bn fresh capital through rights issues and public offer, to bolster its expansion efforts. The bank is issuing 5.23 billion shares at N36 each to existing shareholders and 2.77 billion shares ...

  The Minister of Power,  Adebayo Adelabu, has assured Nigerians of stable and sustainable power supply in all parts of the country. He stated this in Calabar, the capital of Cross River State, on Tuesday when he paid an inspection ...

  First City Monument Bank Limited has appointed Ademola Adebise and Mrs Olufunmilayo Adedibu to its board of directors. A statement from the bank on Wednesday described Adebise as a respected figure in the Nigerian financial industry and Adedibu as ...

Guaranty Trust Bank Plc has confirmed an isolated incident of an attempt to compromise its website domain. The hacking attempt occurred on Wednesday, just a day after the bank renewed its domain name, causing a temporary disruption to the website, ...

  Nestlé Nigeria underscored its commitment to youth empowerment and skill development at the recent graduation ceremony of ten young trainees from its Technical Training Centre (TTC) in Agbara. Since the program’s inception in 2011, the company has invested over ...

  Pioneering affordable housing solutions in Nigeria, Adron Homes and Properties remains a leading name in the real estate sector. Since its inception in 2012, Adron Homes has consistently redefined the real estate landscape, achieving significant milestones and breaking barriers ...

  Embarking on the journey of purchasing your first property can be both exciting and overwhelming, especially in a dynamic market like Nigeria’s. To help first-time buyers navigate this complex landscape, we’ve compiled ten essential tips that will guide you ...

  Nestlé Nigeria’s iconic breakfast cereal, Golden Morn, proudly announces the launch of its new sustainable packaging, underscoring the brand’s dedication to providing nutritious food while championing environmental responsibility. This significant update reflects Golden Morn’s over three-decade legacy of nourishing ...

The Ondo State government has partnered with the Benin Electricity Distribution Company (BEDC) Plc to supply meters to one million households across the state. The initiative, known as the O’Datiwa Meters Initiative, was finalized during a meeting between the Ondo State Electricity Regulatory Transition Committee, ...

  Apple has announced changes to its App Store after the European Union accused the iPhone maker of breaking the bloc’s landmark new digital rules. The EU said the App Store terms prevented app developers from freely steering consumers to alternative ways to pay, ...

  The Federal Government has lifted the suspension on Arik Air’s operations. This decision was announced on Thursday by Festus Keyamo, the Minister of Aviation and Aerospace Development. The airline’s planes had been grounded for over a week before this ...