One of the three investors in Nigeria’s Backward Integration Plan on sugar, BUA Sugar Refinery has allegedly been shortchanging the Federal Government to the tune of billions of naira, which the company enjoys as concessions on import duty and levy for raw imported sugar, by not producing an ounce of[Read More…]
Author: Godwin Anyebe
Brand Spur Nigeria Partners Gerety Awards, Hosts 2021 Jury Panel in Lagos
Gerety Awards has been billed to honour Nigerian creatives and in its usual practice, the organizer of the awards has selected a set of jurors who are big names in the Nigerian advertising and marketing communications landscape to judge the entries for 2021 and is also partnering with Brand Spur[Read More…]
FG Orders GoTv, Startimes to migrate to FreeTV platform
The Federal Government of Nigeria said it has directed two PayTv platforms – GoTv and Startimes – to migrate their signals from self-carrying to any of the two licensed FreeTv signal distributors. The Minister of Information and Culture, Alhaji Lai Mohammed, who disclosed this on Thursday in Abuja, said the[Read More…]
NDLEA intercepts over N2bn worth of illicit drugs at Lagos airport
Operatives of the National Drug Law Enforcement Agency, NDLEA, have intercepted illicit drugs worth over N2billion at the Murtala Mohammed International Airport, MMIA, Ikeja, Lagos and three suspected traffickers arrested. One of the suspects, Aniede Chimezie Bright was arrested on Sunday 28th March 2021, during the outward clearance of passengers[Read More…]
How Disruption is Affecting Experiential Marketing
Globally, disruption is causing a lot of changes in how things are done. Some call it innovation, but whatever nomenclature one chose to give to it, disruption is changing the narrative in how demands for goods and services are generated and experiential marketing is not an exception. Today’s face to[Read More…]
BJAN Holds 9th Consumer Rights Day March 31st
The Brand Journalists’ Association of Nigeria has announced its plans to hold the 9th Consumer Rights Day celebration on the 31st of March 2021. The decision to mark this year’s event on the chosen date was as a result of the second wave of the COVID-19 pandemic which was envisaged[Read More…]
Digital Economy: the reality before Nigeria
Globally, digtal economy is developing rapidly. In fact, It is the single most important driver of innovation, competitiveness and growth, and it holds huge potential for entrepreneurs and small and medium-sized enterprises (SMEs). New digital trends such as cloud computing, mobile web services, smart grids, and social media, are radically[Read More…]
Nigeria’s unemployment rate at 33%: A growing monster
For the past decades, the rate of unemployment in Nigeria has continued to generate debate among Nigerians locally and internationally. Most people in the country’s labor force are either unemployed or underemployed. This stat was one of the key highlights of latest unemployment rate released by Nigeria’s Bureau of Statistics.[Read More…]
“We can’t continue subsidy’ — NNPC GMD says petrol may sell for N234 per litre
Mele Kyari, general managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the company cannot continue to bear the subsidy burden Petroleum Products Pricing Regulatory Agency (PPPRA) had released a template increasing petrol price to N212 per litre — but the template was later deleted. Speaking during a[Read More…]
FIRSTBANK CEO LISTS TECHNOLOGY, CAPACITY AS KEY FOR POST COVID-19 GROWTH
Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said technology, innovation and enhanced capabilities have become necessary to achieve significant business growth in the post-COVID-19. Adeduntan made this remark on Thursday during a Digital Disruption Series webinar organised by the Surrey Business School of the University of[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…]