Business

The National Agency for Food and Drug Administration Control has banned the sale of Dex Luxury bar soap due to the presence of Butyphenyl Methylpropional According to a statement posted on NAFDAC’s official channels on Thursday, the product, Dex Luxury ...

  In a country with short-lived corporate excellence and a handful of centenary companies, hitting 130 years is undoubtedly a significant milestone for Nigeria’s premier financial institution, FirstBank. GEOFF IYATSE writes. Experience, they say, comes with age. Nothing else aptly ...

Nollywood Star, Anita Joseph Lands Multimillion Naira Endorsement Deal with Harmony Gardens & Estate Development Ltd.   Anita Joseph Olagunju, a renowned figure in Nigeria’s Nollywood industry, has struck gold with a multimillion naira endorsement deal, landing her in the ...

  First Bank of Nigeria Limited has rewarded six of its customers with N1 million each at the fourth and grand finale of its ‘WinBig’ promo draw held at its head office in Lagos recently. The promo, which kicked off ...

Mrs. Yuki Gambaryan, wife of detained Binance’s head of financial crime compliance, has pleaded with the Federal Government to release her husband — Tigran Gambaryan Gambaryan and Nadeem Anjarwalla, Binance’s regional manager for Africa, were detained by Federal authorities. According ...

  The Board of Eko Electricity Distribution Company has relieved its Managing Director/Chief Eexcutive Officer, Dr. Tinuade Sanda, of her duties as MD/CEO of the company. In a letter seen by Nairametrics and signed by the company’s Chairman, Dere Otubu, ...

  Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the fourth time since 2019. The Bank was among other banks from 36 countries in Africa ...

The Christian Association of Nigeria has demanded a public apology from the Federal Inland Revenue Service over an Easter advert which the Christian body said it deemed offensive The FIRS, in an X (formerly Twitter) post, #FIRSNigeria, had shared a ...

Salaam Bank, a unit of Djibouti-based Salaam Group, launched Uganda’s inaugural Islamic banking-compliant financial institution, following the country’s legalization of Islamic banking last year.   The launch was officiated by Ugandan President Yoweri Museveni, marked a significant milestone following the ...

Barring any last-minute change of mind, all subscribers with four lines and above whose SIM registration data failed to match their National Identity Number, NIN, data, will be barred today   This is as the Nigerian Communications Commission, NCC, has ...

  Lawyers as well as Small and Medium-sized Enterprises have voiced concerns that disconnecting telephone lines not linked to National Identification Numbers will exacerbate the economic challenges currently facing Nigerians. Telcos are expected to bar unlinked phone lines on Friday ...

  The first cohort of the FGN-ALAT Digital Skillnovation Programme, an initiative spearheaded by Wema Bank in partnership with the Federal Government of Nigeria, to train and equip 2,000,000 youth and 1,000,000 MSMEs across Nigeria with digital skills for sustainable ...

  The Aliko Dangote Foundation has flagged off the distribution of 80,000 bags of 10kg rice to the vulnerable in Lagos State. The President of Dangote Group and Chairman of the foundation, Aliko Dangote, noted that the gesture was part ...

FAAN has finally shut down the MMIA branch of KFC Discrimination: FAAN finally shuts KFC branch This comes following the discrimination against Adebola Daniel, a son of former Governor of Ogun State, Gbenga Daniel. The Federal Airports Authority of Nigeria, FAAN, ...

The Nigerian National Petroleum Company Limited has described reports of a downward review of fuel prices credited to it on Wednesday as unfounded NNPCL denies reducing petrol pump price NNPCL was reacting to reports suggesting a drop in pump prices for ...

The Nigerian Security and Civil Defence Corps Commandant General’s Special Intelligence Squad has uncovered a massive illegal oil refining site at a forest in Odagwa Community in Etche Local Government Area of Rivers State The site comprises over 10 illegal ...

  Data consumption reached 721,522 terabytes, the highest monthly consumption ever recorded, according to the Nigerian Communications Commission. Data obtained on Tuesday from the regulator’s website showed that this record surpassed December 2023, which stood at 713,200 terabytes. Active Internet ...

  The National Association of Telecommunications Subscribers has requested that the Nigerian Communications Commission extend the deadline scheduled for the disconnection of telephone lines not linked to National Identification Numbers beyond Friday, March 29, 2024. The subscribers’ body argued that ...

  In the face of economic uncertainties, Adron Homes stands as a beacon of opportunity, urging Nigerians to embrace courage, conquer fears, and seize the chance to become proud property owners. Regardless of financial constraints, Adron Homes offers incredible discounts ...

The Office of the National Security Adviser, ONSA, has called on the public and the international community to provide information that can assist law enforcement agencies in apprehending the Executive Manager of Binance for the African region, Mr Nadeem Anjarwalla, who escaped from ...

The Central Bank of Nigeria, CBN, has raised the Monetary Policy Rate, MPR, its benchmark interest rate to 24.75% representing 200 basis points increase from 22.75% in February The CBN however retained the Cash Reserve Ratio, CRR of commercial banks to 45% ...

  The Ministry of Industry, Trade, and Investment has directed applicants of the Presidential Conditional Grant Scheme to submit their National Identification Numbers as part of the necessary requirements to obtain a grant earmarked to cushion the effect that recent ...

  Access Bank Plc unveiled an offline banking platform, 901.ng on Friday, to provide customers with an additional channel to carry out their transactions and boost financial inclusion in the country. Financial inclusion in Nigeria has increased to 74 per ...

  The Federal Government has issued a call for a unified effort among West African nations to protect shared telecommunications infrastructure, following a recent internet outage that affected the region. The Executive Vice Chairman of the NCC Aminu Maida, made ...

  The Central Bank of Nigeria has issued a circular to Bureau De Change operators informing them of the sale of $10,000 to each BDC at a rate of N1,251/$1. This was contained in a circular signed by the bank’s ...