Business

  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 ...

Nigerians mourn as Access Bank CEO, Herbert Wigwe, five others die in chopper crash. Nigerians on social media have continued to mourn following news of the sudden death of the group chief executive officer of Access Holdings Plc, Herbert Wigwe. ...

The Nigerian National Petroleum Company (NNPC) Ltd has denied any imminent hike in the pump prices of Premium Motor Spirit (PMS), popularly known as petrol   Recently, some motorists have been experiencing difficulties buying petrol in filling stations amid fears ...

The Federal Government yesterday moved to stem rising food prices in the country by directing the Special Presidential Committee on Emergency Food Intervention to immediately wade in Assuring Nigerians that there was no food shortage, the government alleged that saboteurs ...

Russia has begun buying bananas from India and will boost such imports, its food safety watchdog said on Tuesday, after a spat with its biggest supplier Ecuador over the latter’s decision to swap Russian-made military hardware with the United States. The first batch of ...

A fire outbreak on Wednesday morning burnt a popular night club Roky Fella located in Abakaliki capital of Ebonyi state   Properties and goods worth millions were destroyed before the fire was put off. The club is located along Udoji Street, Kpirikpiri ...

  The management of Fidelity Bank has estimated that it may lose about N1.19bn to claims and litigation for the year ended December 2023. This was shown in its condensed unaudited financial statements for 2023 filed with the Nigerian Exchange Limited. ...

  The Nigerian National Petroleum Company Limited, on Thursday, said it was working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals. This, it said, was by embarking ...

  The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Foreign Portfolio Investors want the country to carry out policy reforms to enable them to bring in their funds. Cardoso said this on Monday during an ...

  116 customers of Wema Bank were rewarded with about N8m in the sixth monthly draw of the bank’s 5 for 5 Promo Season 3. In a statement, the firm said the live draw, which was held at the Oba ...

  The naira strengthened at the official window on Monday, after the Central Bank of Nigeria Governor, Olayemi Cardoso, reassured that the apex bank was making efforts to tackle the volatility of the currency. The local currency appreciated by 1.09 ...