The private sector recorded the first business expansion in three months in December driven by increases in both output and new order coupled with recovery in demand, according to the Stanbic IBTC Bank Purchasing Managers Index, PMI. The report stated: “This was despite continued intense inflationary pressure, with purchase costs[Read More…]
Author: Godwin Anyebe
Loan apps: FCCPC says new regulation to address rising debt coming in 2024
The Federal Competition and Consumer Protection Commission (FCCPC) has said it would be developing a new regulatory framework to address Nigerians’ rising indebtedness to digital money lenders (DMLs), known as loan apps. The Chief Executive Officer of the Commission, Mr. Babatunde Irukera, disclosed this recently while featuring on a TVC[Read More…]
SUPERIOR COOLING WITH THE NEW LG INVERTER WINNER AIR CONDITIONER
Electronic gadgets have successfully made human life comfortable in numerous ways. We use a variety of gadgets to improve the quality of life in one or more senses. As the average global temperature of the Earth is increasing, the summers in the tropics are getting hotter. In such a scenario,[Read More…]
EMBRACE ECO-FRIENDLY LIVING: DISCOVER THE LG SMART COTTAGE FOR A SUSTAINABLE LIFESTYLE
Discover the LG Smart Cottage, a revolutionary sustainable living concept that wholeheartedly embraces and champions eco-friendly practices. This groundbreaking and innovative space serves as a testament to LG’s unwavering commitment to creating a greener and more sustainable future for all. The LG Smart Cottage is a haven of cutting-edge technology[Read More…]
Benue Science, Tech, and Innovation Contest 2024: Embraces by Notable Personalities for Collective Progress
By MBTI Media Crew The Benue Science, Tech, and Innovation Contest, and Award 2024 have garnered significant attention and support from revered figures, signifying a promising leap forward in collaboration and empowerment. Rev. Fr. Emmanuel Asue, among the eminent personalities, has enthusiastically endorsed this initiative, emphasizing the potential for enhanced[Read More…]
P&G to end manufacturing operations in Nigeria, reverts to an import-only business model
P&G, which operates in some 180 countries of the world, produces a range of products for the Nigerian market, including Always sanitary pad, Pampers, Ariel detergent, Oral B toothpaste, and Gillette shaving stick. As reported, the Chief Financial Officer of the group Andre Schulten stated this during his presentation at[Read More…]
FG partners UBA, Stanbic IBTC on N35bn fund to revive Ajaokuta steel mill
As part of move to revive Ajaokuta Steel Mill located in Ajaokuta, Kogi State, the Federal Government has begun talks with some partners, including the United Bank of Africa (UBA), Stanbic IBTC Bank and Voda Infrastructure Management Limited, striking a multilateral finance agreement in the region of N35 billion. Shuaibu[Read More…]
NAFDAC seizes N30m worth of unregistered drugs in Abuja
The National Agency for Food and Drug Administration and Control (NAFDAC) has confiscated unregistered and counterfeit drugs worth N30 million in the Wuse 2 area of the Federal Capital Territory. The NAFDAC team, led by the Deputy Director of Investigation and Enforcement, Kaduna, Tamanuwa Andrew, raided two drug stores and[Read More…]
LG OLED Collaborates with NEFT, AFRIFF to Spotlight Nigerian Film Talent
As the curtain rose on the 4th NEFT Emerging Film Talent International (N.E.F.T.I.) competition, a wave of cinematic joy and festive excitement swept through the radiant Landmark Event Centre, Lagos. The NEFTI competition, originally developed by NEFTI Founder Paul Robinson with NEFT VODKA, aims to challenge aspiring filmmakers across Nigeria[Read More…]
NCC Pledges Support For Meta’s 2Africa Cable Project In Nigeria
Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has said the support of the NCC awaits law-abiding investors like Meta (formerly Facebook), which responds positively to Nigeria’s desire for investments that promote the agenda of government to achieve a robust digital[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…]