NewsOnline Nigeria reports that Oliver Alawuba is the Group Managing Director/CEO of United Bank for Africa (UBA) and the non-executive director of the bank. Oliver Alawuba Marriage. Oliver Alawuba is married to Professor Nkeiruka Oly-Alawuba. Oliver Alawuba Education. He is an alumnus ...
Read More »Citizens can no longer afford to buy beer – Nigerian Breweries CEO
The Chief Executive Officer of Nigerian Breweries Plc, Hans Essaadi, has said that the economic situation in Nigeria has deteriorated to the extent citizens can no longer afford to buy beer. Essaadi said this at the company’s investor call following the release ...
Read More »Fuel transporters halt strike as FG intervenes
The about two-day suspension of operations with respect to the lifting of petroleum products by the Nigerian Association of Road Transport Owners has been called off by the oil transporters NARTO confirmed this in Abuja on Tuesday evening after the ...
Read More »Prices of food drops in Kano, Taraba, Kwara, Niger
Food prices have started dropping at major grain markets in Kano, Taraba and Niger states There had been protests in Lagos, Kano and Niger states against the hardship in the land. The latest demonstration against the high cost of living ...
Read More »Sachet alcohol ban: Manufacturers fear 5.5 million job loss
The Distillers And Blenders Association Of Nigeria has said that investments worth over N1.2tn will be lost while 5.5 million direct and indirect workers would be out of jobs if the Federal Government insists on the recent ban implemented ...
Read More »Naira drops to N2,000/1£ at parallel market
Nigeria’s local currency is currently exchanging above 2,000 naira against the Great Britain Pound at the parallel market. A Bureau de Change operator at Wuse Zone 4, Malam Ibrahim, confirmed the rates on Monday. He said, Yes it is ...
Read More »FirstBank Set To Reward Customers With 36 Million Naira In The Second Season of It’s FirstMobile Cash-Out Promo
FIRSTBANK SET TO REWARD CUSTOMERS WITH 36 MILLION NAIRA IN THE SECOND SEASON OF ITS FIRSTMOBILE CASH-OUT PROMO Lagos, 29 January 2024 FirstBank has launched the second season of its Cash Out promo designed to reward users of ...
Read More »OPay redefines customer service with innovative solutions
Nigeria’s leading financial technology company, OPay, has revolutionised customer service by prioritising user satisfaction and implementing cutting-edge solutions to enhance customer experiences. OPay is pioneering a customer service revolution built on convenience and efficiency. Recognising the diverse needs of its ...
Read More »Stakers reject Reps’ move to stop sports betting
The House of Representatives has resolved to stop sports betting in the country and urged the National Lottery Regulatory Commission to comply with the Lottery Regulatory Commission Act, 2005. The resolution followed the adoption of a motion by Kelechi ...
Read More »Ex-Wema Bank boss Adebise launches memoir
The immediate past Chief Executive Officer of Wema Bank Plc, Mr Ademola Adebise, has unveiled his memoir titled ‘The Transformational Leader: The Journey of a Tech Bro Turned Bank CEO’ in Lagos. At the launch on Tuesday, dignitaries praised ...
Read More »Access Holdings opens condolence register at head office
Activities at the headquarters of Access Holdings continued as usual on Monday, the first working day after the death of its Group Chief Executive, Herbert Wigwe, in a plane crash in the United States of America. A visit by ...
Read More »Bitter year for Heineken as inflation hits profits, beer sales
Dutch brewer Heineken on Wednesday reported a drop in annual profits as beer volumes declined in “challenging market conditions” including high inflation. The world’s second-biggest brewer after AB InBev said its net profits in 2023 came in at 2.3 ...
Read More »First Bank set to reward customers with N36m
First Bank of Nigeria has launched the second season of its Cash Out promo meant to reward users of FirstMobile, its mobile banking solution. The FirstBank Cash Out Promo 2.0 scheduled to run till March15 2024, is open to ...
Read More »Banks sell $3.3bn as CBN battles fresh naira slump
The naira suffered a fresh slide both at the official and parallel foreign exchange markets on Friday. The national currency depreciated to on Friday N1,670/$ from N1,600/$ recorded at the close of trading activity on Thursday at the parallel ...
Read More »Glo rewards subscribers with business class tickets to Europe
Many Glo subscribers in Abuja, Warri and Lagos were overjoyed when the digital solutions provider presented them with business class return tickets to Europe (Lagos-Paris-London-Lagos). According to a statement sent to Saturday Beats, Glo subscribers only have to recharge ...
Read More »Customs intercept N19.6m s3x enhancement drugs in Sokoto
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 ...
Read More »Cement price now N15,000 in Abuja
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 ...
Read More »Naira falls to N1,600 per $1
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 ...
Read More »Tanker drivers threaten to stop petrol lifting from Monday
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 ...
Read More »Gloword stocks AI smartphone
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 ...
Read More »AFCON: MTN praises Eagles, applauds Ekong
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 ...
Read More »Glo, MTN resolve interconnect debt dispute
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 ...
Read More »BUA Foods invests over $200m in sugar estate
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 ...
Read More »Glo customers to win N100m, phones in new promo
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 ...
Read More »A Message of Love From Adron Homes
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 ...
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