The Federal Competition and Consumer Protection Commission (FCCPC) has registered and approved more digital money lenders, otherwise known as loan apps, bringing the list of approved companies to 211 at the end of October. The 211 companies comprise 172 that have received full approval from the Commission and 39 others[Read More…]
Author: Godwin Anyebe
CSR: Stanbic IBTC gears up for its 9th annual Together4ALimb Walk
Stanbic IBTC Holdings is set to host the 9th annual Together4ALimb Walk, its flagship corporate social investment (CSI) initiative that supports children with limb loss. Scheduled for Saturday, 25 November 2023, the event is more than just a charity walk; it demonstrates Stanbic IBTC’s commitment to raising awareness about supporting[Read More…]
Hilda Baci Bags Brand Ambassador Deal
Foremost culinary brand, GBFoods has announced Nigerian Guinness World Record holder, Hilda Baci as new brand ambassador for two of its flagship brands, Gino and Bama Mayonnaise. This step according to the organisation will further drive the promotion of local culinary and put Nigeria’s flavors on global map. Speaking at[Read More…]
Lagos cancels 50% discount on public transport, reverses to old rate
The Lagos State Government has announced reversion to the old rates of public transport from Sunday. “The 50% rebate in transport fare in the regulated transport system in Lagos ends on Sunday,” the Lagos Metropolitan Area Transport Authority said in a statement on Saturday. The statement informed commuters that starting[Read More…]
BSG, FRSC Launch 2023 “Don’t Drink & Drive” Campaign, Park Rallies
The Beer Sectoral Group (BSG) of the Manufacturers Association of Nigeria (MAN) and the Federal Road Safety Corps (FRSC) launched the 2023 edition of their annual Don’t Drink & Drive campaign on the 1st of November 2023, at the Movenpick Hotel, Ikoyi, Lagos. The BSG comprises International Breweries Plc, Guinness[Read More…]
Court Grants SERAP Leave To Compel Tinubu To Reverse Electricity Tariff Hike
A Federal High Court sitting in Lagos has granted the prayers of the Incorporated Trustees of Socio-Economic Rights and Accountability Project (SERAP) against the President of the Federal Republic of Nigeria as a first respondent. Other Respondents in the suit numbered FHC/L/CS/99/2023 are the Attorney General of the Federation; Nigerian[Read More…]
CBN says high volume withdrawals causing cash scarcity in some locations
The Central Bank of Nigeria (CBN) says there is sufficient cash for economic activities after reports of scarcity in some locations. In a statement by Isa AbdulMumin, CBN director, corporate communications, the apex bank said the scarcity experienced in some locations was due to high volume withdrawals from its branches[Read More…]
Golden Penny Unveils New and Improved Spread Product, Enriching Homes With A Nutritious Experience.
Golden Penny, a trusted name in the Nigerian fast moving consumer goods industry is thrilled to announce the relaunch of its renowned Spread brand, ushering in a remarkable improvement in taste, versatility and nutritional value. As a household name, the brand is passionate and firm about its commitment to offering[Read More…]
ADVAN Gives Reasons for Lawsuit Against ARCON
The Advertisers Association of Nigeria (ADVAN) for the umpteenth time has again advanced its reasons for the lawsuit the body recently instituted against ARCON. According to the body led by Mr. Osamede Uwubanmwen as President, the lawsuit is focused on aspects of the new ARCON law that are clearly unconstitutional[Read More…]
Stanbic IBTC bank now private liability company
Stanbic IBTC Holdings Plc has announced that its banking subsidiary, Stanbic IBTC Bank, has been re-registered as a private company limited by shares. The announcement was made in a corporate notice filed with the Nigerian Exchange Limited on Tuesday. The notice signed by the Company’s Secretary, Chidi Okezie, revealed that[Read More…]
Consumer TV
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…]