The Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (retd.), has stated that the Nigerian National Petroleum Company Limited (formerly Nigerian National Petroleum Corporation) cannot justify the volume of Premium Motor Spirit (petrol) being consumed in the country daily to warrant the over N6.34tn subsidy payment on the commodity annually.[Read More…]
Author: Godwin Anyebe
NBS Says 32 States Fail to Attract Investment in Q2
The Foreign Direct Investment data released by the National Bureau of Statistics shows that thirty-two states failed to attract capital importation in the second quarter of 2022. Of the 36 states and the Federal Capital Territory, only Lagos, Abuja, Anambra, Ekiti, and Kogi witnessed capital inflows. Cumulative capital inflows totalled[Read More…]
PoS Transactions Hit N8tn In July – NIBSS
According to recent data obtained from the Nigeria Interbank Settlement System, the value of Point of Sale transactions in Nigeria has jumped 39 per cent to N8.03tn in 2022. The data showed that the aggregate PoS transactions between July 2020 and July 2021 were estimated at N5.77tn. However, between July[Read More…]
Household Incomes Shrink as Gas Price Rises by 122% – NBS
The Nigerian Bureau of Statistics data has indicated that, on a year-on-year basis, price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas, also known as cooking gas, increased by 122 per cent from N4,422 in July 2021. As part of the Federal Government’s N250 billion investment in the National[Read More…]
FirstBank commemorates its annual Corporate Responsibility & Sustainability week and promotes kindness across over 7 countries
The FirstBank CR&S Week is a dedicated week designed to offer opportunities for employees to give their time & resources to defined causes in line with the Bank’s CR&S strategic approach; The FirstBank CR&S Week is held in Nigeria and 7 other countries: United Kingdom, Ghana, DRC, Guinea, Sierra Lone,[Read More…]
CVA 2022: NCC, FCCPC, NAFDAC & ARCON Commend Consumers Value Broadcasting
In what can be described as an approval of the initiative of Consumers value broadcasting limited, the four regulators in attendance at the maiden edition of the Consumers Value Awards remarked that the award is a commendable programme that will enhance the conversation of the consumers within the eco-system. Professor[Read More…]
FCA pledges commitment to producing agro-entrepreneurs, food security ..Invests into organic farming
The leadership of Federal College of Agriculture (FCA), Ibadan led by the provost, Dr. (Mrs) Elizabeth Augustus has reiterated the commitment of the school in producing successful agricultural entrepreneurs and ensuring food security in the country. The provost who gave the assurance in a chat with the press in Ibadan[Read More…]
FIRSTBANK COMMEMORATES 2022 INTERNATIONAL YOUTH DAY, DEDICATING THE WEEK TO CELEBRATING THE YOUTH
First Bank of Nigeria Limited has announced its commemoration of the 2022 International Youth Day, globally celebrated today, 12 August 2022 and themed “Intergenerational solidarity: Creating a World for All Ages.” The International Youth Day is commemorated every year on 12 August, bringing youth issues to the attention of[Read More…]
Taraba is the Second Poorest State in Nigeria – PRP Governorship Candidate
Taraba State governorship candidate under the People’s Redemption Party, PRP, for 2023 election, Engineer Josiah Wukari Wasa has said that Taraba State is the second poorest state in Nigeria. Wasa who made this known recently in Lagos disclosed that, his claim is in line with a report recently released by[Read More…]
Domino’s Pizza introduced NEW SWEET CHILLI CHICKEN PIZZA
Enjoy Sweet Chills with the New Domino’s Sweet Chilli Chicken Pizza. Have you heard about the latest, sweetest, chilliest Pizza on the block?! Domino’s Pizza has introduced the NEW SWEET CHILLI CHICKEN PIZZA! It’s a sweet savory blend of pizza sauce, mozzarella cheese, green pepper and tasty pepper chicken glazed[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…]