The Nigeria Customs Service (NCS) has signed a Memorandum of Understanding (MoU) with the National Agency for Food and Drug Administration and Control (NAFDAC). The agreement is aimed at strengthening collaboration in combating the influx of illicit pharmaceutical products and other harmful substances into Nigeria. The MOU was signed at[Read More…]
Author: Godwin Anyebe
FCCPC uncovers substandard sugar in markets, warns consumers
The Federal Competition and Consumer Protection Commission (FCCPC), has uncovered the availability of substandard and unregistered sugar products in markets. A statement issued by Mr Ondaje Ijagwu, the Director, Corporate Affairs of the Commission in Abuja on Wednesday, said the substandard sugar product failed to meet mandatory Vitamin A fortification[Read More…]
Tinubu Seeks NASS Approval for 2025 MTEF, $2.2 Billion Loan
President Bola Tinubu has submitted the Medium-Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) for 2025-2027 to the National Assembly, requesting expeditious consideration and approval. Federal Government Proposes N47.9 Trillion Expenditure for 2025, $2.2 Billion Loan to Finance Budget Deficit. The President also sought approval for a fresh[Read More…]
Equity market sustains growth, gains N136bn
Trading on the floor of Nigerian Exchange on Tuesday remained positive, appreciating by N136 billion, occasioned by gains in some highly capitalised stocks.Food and travel guides Market capitalisation of listed equities increased by 0.23 per cent to N59.366 trillion from N59.230 trillion it closed on Monday. The NGX All Share[Read More…]
NGX ASI Appreciates By 0.23%
Trading of equities has again ended on a bullish note with the benchmark index advancing by 0.23%. Tuesday’s transactions on the floor of the Nigerian Exchange Limited, NGX, saw the All-Share Index rise by 225.06 basis points or 0.23% from 97,747.27 basis points to 97,972.33 basis points. Similarly, the market[Read More…]
Zenith Bank unveils Zenith Tech Fair 4.0, features global IT practitioners
The Fourth Edition of the Zenith Bank Tech Fair, tagged “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI”, is set to hold on Thursday, 21 November, 2024, at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos, from 8.00 a.m. to 6.00[Read More…]
International Breweries to empower 1,000 retailers
International Breweries Plc, a member of AB InBev, has reiterated its commitment to foster entrepreneurship and economic growth in Nigeria, through its ongoing 2024 Retailer Development Programme, also known as the Growing Retailers Innovatively Together initiative to train 1,000 retailers. According to a statement, the month-long ongoing training introduced by[Read More…]
Stanbic IBTC launches DiSEP 4.0, empowers youths
Stanbic IBTC Holdings, a member of Standard Bank Group, has unveiled the fourth edition of its flagship Digital Skills Empowerment Programme (DiSEP 4.0). This initiative underscores the company’s longstanding commitment to empowering young Nigerians and actively promoting digital transformation within the country. DiSEP 4.0 represents a significant step forward in[Read More…]
Celebrating Excellence: Consumers’ Assembly Set to Honour Consumer-Friendly Brands at the Consumers’ Experience Summit
In a rapidly evolving market landscape, consumers have become increasingly discerning about the brands they choose to support. Gone are the days when a flashy advertisement or a catchy slogan was enough to secure customer loyalty. Today, consumers demand more—they seek authenticity, transparency, and value. It is within this context[Read More…]
FirstBank Hosts Inaugural China-Africa Interbank Association Forum; reiterates its commitment to promoting trade, financial cooperation
FirstBank, the premier West African financial institution and financial inclusion service provider has announced its hosting of the first-ever China-Africa Interbank Association (CAIBA) Forum to strengthen economic ties and investments between China and Africa. The forum, themed “Joining Hands to Advance Modernisation and Strengthening China-Africa Trade, Industrialization and Economic Diversification,”[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…]