World Consumer Rights Day is celebrated on March 15 every year with an aim to raise global awareness about consumer rights and promote consumer protection. The day is also commemorated to be aware about the market injustices across the world. It is an annual event that celebrates solidarity within the[Read More…]
Author: Godwin Anyebe
Omojafor, Eiremiokhae, Babaeko, other set to be honoured at ‘The Industry Awards4.0’
The management of The Industry Newspaper organisers of ‘The Industry Summit/Awards’ has stated that some distinguished marketing communications professionals in the country would be conferred with some highest awards in this year’s event scheduled to be held on Friday, March 31st, 2023 in Lagos. The year’s award is looking at[Read More…]
We Didn’t Direct Banks To Disburse Old Notes – CBN
The Central Bank of Nigeria (CBN) Tuesday said it has not issued a fresh directive to commercial banks on last Friday’s judgment of the Supreme Court ordering the circulation of the old naira notes alongside the new ones until December 31. A seven-member panel of justices presided over by Justice[Read More…]
Firstbank Dedicates Month of March to Celebrate Women
In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the month of March to the celebration of women across the world, as it commemorates the globally[Read More…]
On-going elections have slowed down business activities, Tolulope Medebem
One of Nigeria’s leading experiential marketers and chief executive of Aster Integrated Marketing, Tolulope Medebem has pointed out that the ongoing elections in the country is the major challenge confronting businesses in the past few days. Speaking exclusively to Media Consortium at her office in Ikeja, she said, businesses have[Read More…]
Nigeria’s Balance of Trade Records $20m Deficit
The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s balance of trade position has reversed from surplus to deficit, recording a $20 million trade deficit in November 2022 as against a surplus of $50 million in the previous month, October 2022. CBN revealed this in its Monthly Economic report,[Read More…]
CBN Threatens to Arrest, Prosecute Fake News Peddlers Over New Naira Notes
The Central Bank of Nigeria has warned against fake news, stating that it will investigate, arrest and prosecute those spreading false information about the naira redesign policy. This threat was contained in a statement on Tuesday jointly signed by the CBN’s Deputy Governor, Corporate Services, Edward Adamu, and Director, Corporate[Read More…]
Petrol Rises by 55% to N257/litre in Jan – Report
The National Bureau of Statistics in its Premium Motor Spirit (petrol) price watch for January 2023 stated that on average, Nigerians paid the sum of N257.12 per litre for the product. The report noted that the average price in January 2023 was an annual increase of 54.52 per cent and[Read More…]
Nigeria’s box office records N819m sales in January
The Cinema Exhibitors Association of Nigeria (CEAN) says it recorded total sales of N819 million in January, across cinemas within the country. Its National Chairman, Mr Ope Ajayi, disclosed this during an interview with the News Agency of Nigeria (NAN) on Monday in Lagos. “We had an increase in sales[Read More…]
Ecobank Kenya appoints Josephine Anan-Ankomah as new MD Ecobank Kenya
Ecobank Transnational Incorporated (ETI) has appointed Ghanaian career banker, Mrs Josephine Anan-Ankomah as the Regional Executive, Central, Eastern and Southern African (CESA) and Managing Director, Ecobank Kenya. Her appointment has since received clearance from the Central Bank of Kenya, a statement by the Ecobank Kenya said on Monday. Anan-Ankomah leaves[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…]