Business

The Nigerian Customs Service, through its joint border patrol team, Sector 4 has seized another consignment of sex enhancement drugs with the duty paid value of N19.6m The drugs were intercepted at the Kajiji area along Sokoto-Jega Road. Also intercepted ...

A 50 kilograms bag of cement in the Federal Capital Territory has surged to between N10,000 and N15,000, Daily Post claims. A market survey conducted today by the news medium in Gwarimpa, Area 10, Kubwa, Lugbe and Dawaki showed that a ...

  The naira dipped to N1,600 against the dollar on Thursday as Nigeria’s economy continues to hurt   According to Aboki Forex, the naira plunged to N1,600 to $1 despite efforts by the Central Bank of Nigeria to salvage the free fall of ...

Tanker drivers threaten to stop petrol lifting from Monday Nigeria may witness another round of fuel scarcity as the Nigerian Association of Road Transport Owners, on Thursday, vowed to stop lifting petroleum products beginning from next week Monday due to ...

  The highly anticipated Samsung Galaxy AI smartphone is now available at Gloworld—telecoms giant, Globacom’s retail shops spread across the country. A statement sent to Saturday PUNCH stated that while the telco’s customers who pre-ordered the phones had been receiving ...

  Despite losing 2-1 to host nation, Cote d’Ivoire, in the final of the African Cup of Nations, MTN has heaped praises on the Super Eagles for their exceptional performance throughout the tournament. The company also congratulated the captain of ...

  The interconnect debt dispute between MTN Nigeria Communications Plc and Globacom Limited has been resolved. The Nigerian Communications Commission disclosed this on Thursday in a statement signed by the Director, Public Affairs Department, Reuben Muoka. This development between both ...

  The Managing Director of BUA Foods, Ayodele Abioye, has disclosed that the company has invested over $200m in its integrated sugar estate in Lafiagi, Kwara State. Abioye said this on Wednesday during a chat with journalists at the firm’s ...

Telecommunications company, Globacom has unveiled a recharge-based loyalty programme, “Glo rewards-cashtoken.” According to a statement by the mobile operator, the promo is open to all existing and new prepaid subscribers on the Glo network. Globacom said that the new season ...

As Valentine’s Day dawns upon us, we are reminded of the profound impact that love and empathy can have on our lives and the communities we serve. At Adron Homes, we believe in the transformative power of these values, and ...

  Operators of small and medium enterprises (SMEs) in the country have been advised to leverage on eCommerce increases reach and awareness of products and services; allows businesses to gain valuable insights into customer behavior, and can be used to ...

MILO NIGERIA PARTNERS WITH REAL WARRI PIKIN AND APROKO DOCTOR TO EMPOWER NIGERIAN CHILDREN. In a nation prioritizing academic achievements, Nestlé MILO recognizes the invaluable life skills that sports impart, beyond what traditional classroom learning can offer. MILO is thrilled ...

The Association of Master Bakers and Caterers of Nigeria has said it would withdraw its service nationwide from February 27, should the Federal government refuse to implement the agreement it entered into with the association in 2020 It called for ...

  The Super Bowl had an average of 123.4million viewers on Sunday night, the most watched telecast in history and the second-most watched US broadcast event behind the Apollo 11 moon landing The previous record belonged to last year’s Super Bowl, ...

Nigerian Breweries (NB) Plc has announced an upward review in the prices of some products in its stock-keeping units (SKUs) to mitigate the impact of rising cost of input. The company, in a leaked memo to customers, said the price adjustments ...

  The shareholders of Cadbury Nigeria Plc have approved the conversion of an outstanding intercompany loan of $7.72m (N7.04bn) owed to its majority shareholder, Cadbury Schweppes Overseas Limited, to equity. The shareholders gave their approval at the Extraordinary General Meeting, ...

  Power distribution companies that are performing below stipulated standards in the Nigeria Electricity Supply Industry are going to lose 50 per cent of their operating expenditures, the Federal Government declared on Monday. It made the declaration through the Nigerian ...

  Access Holdings Plc on Monday announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer. This follows the death of its former Group Chief Executive Officer, Dr. Herbert Wigwe. Wigwe died in a helicopter crash alongside his ...

The naira yesterday exchanged at N1,534.39 to dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) – the official market The exchange rate fell to N1,490 to dollar at the parallel market with traders expecting further weakness in the coming days ...

  Troops of two divisions of the Nigerian Army have uncovered and destroyed a massive illegal refinery in Okoloma, Oyigbo Local Government Area of Rivers State and Umuahale area in Ukwa West LGA of Abia State. The discovery of the ...

  Airline operators have hinted that they may be forced to review fares upward as the aviation fuel surged to above N1300. This was made known in a statement on Friday by the spokesman of local airlines, Obiora Okonkwo, who ...

  Wema Bank has launched its 2024 Love Adventure campaign, with gifts for customers and staff throughout February. In a statement on Wednesday, the bank said that the campaign themed ‘Your Love Adventure Is Possible With ALAT’ would promote a ...

    The Central Bank of Nigeria has removed the ±2.5 per cent cap spread on interbank foreign exchange transactions. The CBN disclosed this in a circular dated February 8, 2024, signed by the Director, Financial Markets Department, Dr. Duke ...

Access Bank Holdings Plc has reacted to the death of its Chief Executive Officer, CEO, Herbert Wigwe Wigwe, alongside his wife, son and three others died in a helicopter crash in US on Friday night. Reacting, a statement on Access Bank’s official X page, said ...

FIRSTBANK CLINCHES THE PRESTIGIOUS CORPORATE BANK AWARD AT THE 2023 EUROMONEY AWARDS FOR EXCELLENCE. Lagos, 31 January 2024 – FirstBank, Nigeria’s premier financial institution and financial inclusion services provider, was announced as the Best Corporate Bank at the recent prestigious ...