Top organisations and brands in the West Africa sub-region have bagged prestigious West Africa Innovation (WAI) Awards at the 13th edition of the Awards in Lagos at the weekend. The event which took place at the L’erola Hotel in Maryland Lagos witnessed the crème d’ crème of the corporate titans[Read More…]
Author: Godwin Anyebe
NCC To Review Regulatory Instruments To Improve Telecom Sector
The Nigerian Communications Commission (NCC) has put mechanisms in place to review three key regulatory instruments (also known as subsidiary regulations) in order to improve the operations of the telecommunications industry. The executive vice chairman of the Commission, Dr, Aminu Maida made this known during a two- day public inquiry[Read More…]
Benue woos investors with tax holiday
Benue State Government has declared its intention to offer tax holidays to investors interested in investing in the state. The gesture, according to the Managing Director of Benue Investment and Property Company Limited, Dr Raymond Asemakaha, is to revive and attract more investors to the state. Asemakaha, who played host[Read More…]
Nigerian Breweries gets 90-Day Ultimatum To Resume Production Benue
In a fresh attempt to revive its industrial sector, the Benue State Government has issued a 90-day ultimatum to Nigerian Breweries Plc to resume full production at its plant in Makurdi, the state capital. The Managing Director of the Benue Investment and Property Company Limited (BIPC), Dr. Raymond Asemakaha, issued[Read More…]
Aliko Dangote Calls For More Investments To boost Africa’s Economic Growth
President of the Pan-African Conglomerate, Dangote Industries Limited (DIL), Aliko Dangote wants increased investments in the African continent to foster its rapid growth and development. Speaking at the largest gathering of private sector leaders in Africa, the Africa CEO Forum in Kigali, Rwanda, Dangote emphasized that recent trends underscore Africa’s[Read More…]
Chams Plc appoints Ugochukwu as new non-executive director
Chams Holding Company Plc, an integrated technology company in Nigeria has announced the appointment of Ugochukwu Chijioke as its new non-executive director, effective June 1, 2024. According to a statement, Ugochukwu is a Chartered Director and Fellow of the Institute of Directors (IoD), United Kingdom, and of the Chartered Institute[Read More…]
Unilever appoints Bolaji Balogun independent non-executive director, board chairman
Unilever Nigeria Plc. has announced the appointments of Mr. Bolaji Balogun as Independent Non-Executive Director and Chairman of the Board, and Ms. Ngozi Edozien as Independent Non-Executive Director. The appointments took effect from May 16, 2024. Mr. Balogun is the Founder and Chief Executive Officer of Chapel Hill Denham. He[Read More…]
FBN Holdings releases 2023 audited accounts, profits surge by 128%
FBN Holdings Plc, the parent company of FirstBank, has released its audited financial statements for the year ended December 2023. The group reported a profit after tax of N310.4 billion, a significant increase from the N136.3 billion reported for the same period in 2022. This marks the highest profit ever[Read More…]
FIRSTBANK’S FIRSTADVANCE – FINANCIAL EMPOWERMENT FOR GOOD REASONS
Ade is a hardworking father in Lagos. Recently, fate dealt him a heavy blow when his young son, Tunde, fell scarily ill. Tunde’s illness struck suddenly, sending shockwaves through Ade’s world. As he watched his son grow weaker on a hospital bed with each passing hour, Ade felt an overwhelming[Read More…]
Public complaints on goods and services rise by 45% in three years- NBS
The number of reported public complaints on goods and services continuously increased in the three years between 2020 to 2022. The complaints have risen from 61,480 in 2020 to 88,897 in 2022. This represents an increase of 44.59% during the three-year period. This figure is according to the 2023 Social[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]