The United Kingdom’s development finance institution and impact investor, British International Investment, has announced the signing of a $100m risk-sharing facility with Citi to support the trade finance needs of African small and medium enterprises and corporates. The facility ...
Read More »How MultiChoice hikes DStv, GOtv prices in three years
Broadcasting company Multichoice on Wednesday jacked up the prices of its offerings in Nigeria four months after its last increment. The company reviewed prices in its packages across the board. The new prices will take effect from May 1, ...
Read More »AltBank Walks Against Hunger, Advocates for Education
The Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger alleviation and educational initiatives. This initiative aligns with the theme of the African Union ...
Read More »Elevate your living experience to new heights with Adron Homes’ VIDCO SERIES 2-Bedroom Terrace Apartments – an embodiment of modern luxury and convenience
Elevate your living experience to new heights with Adron Homes’ VIDCO SERIES 2-Bedroom Terrace Apartments – an embodiment of modern luxury and convenience. With access to a suite of modern facilities such as football pitches and recreational grounds, residents can ...
Read More »Daniel Amokachi Excited to Participate in the 7th Edition of Adron Games
Daniel Amokachi Excited to Participate in the 7th Edition of Adron Games. …Former Nigerian Football Star Endorses Adron Games as Platform for Sporting Talent Former Nigerian football icon, Daniel Amokachi, has voiced his enthusiasm for the upcoming 2024 edition ...
Read More »Adron Homes Enhances Partnership with Media Through Strategic Land Gifts
In a significant move aimed at bolstering relationships and fostering mutual growth, Aare Adetola Emmanuel King, the CEO of Adron Homes, has announced the gifting of land parcels to the company’s media partners. This gesture, which took place during the ...
Read More »Tinubu approves take-off of Consumer Credit Scheme
President Bola Tinubu has approved the take-off of the first phase of the Consumer Credit Scheme (CCS) starting with members of the civil service. This is contained in a statement by Chief Ajuri Ngelale, Special Adviser to the President on ...
Read More »FCCPC to review fresh price hike of DStv, GOtv packages
The Federal Competition and Consumer Protection Commission (FCCPC) says the recent price hike in MultiChoice cable subscriptions will be reviewed by authorized stakeholders to guarantee subscribers in Nigeria get value for their money. The Acting CEO of FCCPC, Adamu Abdullahi, ...
Read More »Moniepoint MFB MD advocates physical engagement for financial inclusion
The Managing Director of Moniepoint MFB, Babatunde Olofin, has emphasised the significance of microfinance banks in propelling financial inclusion in Nigeria. Olofin made this declaration during the official opening of Moniepoint MFB’s new office on Admiralty Road in the ...
Read More »Stanbic IBTC Holdings to raise N550bn via debt, rights issue
Stanbic IBTC Holdings Plc has revealed plans to raise about N550bn through a debt issuance programme and a right issue. This was disclosed in a notice of its annual general meeting filed with the Nigerian Exchange Limited on Wednesday. ...
Read More »Just in: Fire Guts Lagos Airport
There was a fire outbreak at the Lagos airport today Fire at Lagos Airport The E54 Bridge of Murtala Muhammed International Airport Terminal One suffered a fire outbreak in the early hours of this morning. Smoke was detected billowing from ...
Read More »FirstBank Wins Best Private Bank in Nigeria and Best Private Bank for Sustainable Investment in Africa
FIRSTBANK EMERGES AS THE BEST PRIVATE BANK IN NIGERIA AND BEST PRIVATE BANK FOR SUSTAINABLE INVESTMENT IN AFRICA AT GLOBAL FINANCE AWARDS Lagos, 25 April 2024 – First Bank of Nigeria Limited, West Africa’s premier financial institution and leading ...
Read More »Passengers PANIC after plane loses power before takeoff
Passengers on AirAsia flight QZ533 from Perth to Jakarta experienced panic when the plane lost power before takeoff. The incident happened on Anzac Day, leaving travellers crying and struggling to breathe. Some passengers claimed that 17 people were offloaded ...
Read More »FG revokes 924 dormant mining licences
The Federal Government, through the Ministry of Solid Minerals Development, has revoked 924 dormant mineral licenses. The Minister of Solid Development Minerals, Dele Alake, disclosed this information at a press conference on Wednesday in Abuja. The revoked licences include 528 ...
Read More »FG SUSPENDS Dana Air licence
The Nigerian Civil Aviation Authority has suspended the Air Operators Certificate of Dana Air. This came barely 24 hours after Dana Air plane coming from Abuja landed at the Lagos airport runway and veered off into a nearby field. Dana Air ...
Read More »UPDATED: CBN resumes forex sale to BDCs at N1,021/$
The Central Bank of Nigeria has resumed the sales of dollars to Bureau De Change operators. It disclosed this in a circular referenced TEM/FEM/PUB/001/013 uploaded to its website on Tuesday and signed by its Director, Trade and Exchange Department ...
Read More »Businessman drags Moniepoint MFB to CBN, EFCC over N700m account restriction
A businessman, known as AIS_Savita on an X post on Tuesday, lodged a complaint against Moniepoint Microfinance Bank, alleging the restriction of his account holding a credit balance of N700m. He called on the Central Bank of Nigeria and ...
Read More »FULL LIST: Multichoice hikes DStv, GOtv prices
Broadcasting company Multichoice has jacked up the prices of its offerings in Nigeria four months after its last increment. The company reviewed prices in its packages across the board. The new prices will take effect from May 1, 2024. ...
Read More »Student bullied at school ignites reactions, many calls for bully’s expulsion
Nigerians have taken to social media to request for the permanent suspension of a student bullying her colleague at school in a surfaced video. A footage from the Lead British School has permeated into the public domain where a student ...
Read More »Robots taking over warehouse jobs
Robots are changing how warehouses operate, impacting jobs and efficiency. At an Ocado warehouse, robots swiftly fetch items for online orders, reducing the need for human workers. Other companies like Asda and Walmart are also investing in automation. At Ocado, ...
Read More »FCCPC closes Chinese supermarket over discrimination against Nigerians
The Federal Competition and Consumer Protection Commission seals the Chinese supermarket situated around the China General Chamber of Commerce in Abuja, the nation’s capital. Officials of the FCCPC stormed the premises and shut the supermarket on Monday. The commission’s officials ...
Read More »Owner of Abuja Chinese supermarket denies barring Nigerians
The owner of an Abuja-based Chinese supermarket criticised for barring Nigerians and restricting entry to Chinese nationals has refuted claims that her store is only meant for a specific group of people. She also clarified that her establishment is not ...
Read More »NAFDAC arrest fake cosmetics producer in Lagos
The National Agency for Food and Drugs Administration and Control (NAFDAC) has uncovered an illegal production of fake cosmetics at the Balogun Trade Fair Complex, Lagos State. NAFDAC in a post Monday on its X handle noted that its Investigation and ...
Read More »FG to sell Abuja, Ibadan, Benin, Kaduna, Kano DisCos
The Federal Government yesterday vowed to sell off the five electricity Distribution Companies (DisCos) as blackout persists. Minister of Power Adebayo Adelabu said banks and the Asset Management Company (AMCON), which have been managing these DisCos, having taken over because of ...
Read More »Ooni launches Tingo beverages
The Ooni of Ife, Oba Adeyeye Ogunwusi, has launched two soft drinks, Tingo Cola and Tingo Electric Energy Drink. At the event recently, the monarch described the drinks as a dream come true, adding that the products would bring ...
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