Food experts and researchers have said that there is no scientific proof to show that consuming AJI-NO-MOTO® Umami food seasoning is associated with any health issues, urging consumers to disregard unfounded rumour about the Japanese product. The experts reiterated that AJI-NO-MOTO® is safe for consumption and that it has lots[Read More…]
Author: Godwin Anyebe
Shell to Commence Production of 225 000bpd
Shell Nigeria Exploration and Production Company Limited has announced that its 225,000 barrels per day Bonga Floating Production Storage and Offloading vessel is set to begin production to boost Nigeria’s crude oil output. SNEPCo in a statement said it had completed maintenance on the FPSO, which was shut down a[Read More…]
The Standards Organisation of Nigeria says the country is experiencing insecurity and restiveness due to the shutdown of industries which has worsened the unemployment rate. A statement quoted the Director General of SON, Mallam Farouk Salim, to have said this on Thursday in Lagos, noting that industries were suffering from[Read More…]
NEF Says Resuscitation Of Ajaokuta Steel Others Necessary to Boost Economy
The Nigeria Entrepreneurs Forum (NEF) has called for the resuscitation of Ajaokuta Steel Complex and Ikot Abasi Aluminum Smelting Plant to increase productivity and boost economy. The NEF president, Dr Sidney Igbinedion, made this known during his paper presentation on the actualization of the objectives of the real sector in[Read More…]
Interswitch Wins Best Practices Award, Ranked in Top-5 ‘Best Companies to Work For’
Interswitch, Africa’s leading integrated payments and digital commerce company, has received the ‘Best in Delivering Impactful Organizational Values’ award at the 2022 edition of the ‘Best Companies to Work for’ awards ceremony, organized by global research, consulting and training firm, Great Place to Work. In addition to the award, Interswitch[Read More…]
Parthian Partners wins Inter Dealer Broker of the year, lauded for pioneering IDB model in Nigeria
Parthian Partners Limited, Nigeria’s first interdealer broker and founder of i-invest, the first fixed income investment app in Nigeria, has won the BusinessDay Banks and Financial Institutions (BAFI) Awards for the ‘Interdealer Broker of the Year 2022’ in recognition of its impact and contribution to the overall growth and stability[Read More…]
Relish in Cold Stone’s Biggest Ever Black Friday 50% Deal!!
Yayyy!!! Cold Stone is here again with all the fun and laughter to bring delight to all ice cream lovers keeping them expectant for more deliciousness and sweet sensational scoops of ice cream. To bring enjoyment to life and keep the moment fresh with fun and excitement, Cold Stone has[Read More…]
Fuel Queues Resurfaces in Lagos as Marketers Blame Depots
Long queues surfaced in Lagos on Wednesday as motorists spent hours at filling stations while waiting to buy the product. The situation was worse in Ikosi-Ketu, Arepo area of New Lagos, Obalende, Maryland and Iju-shaga in Lagos State. Commuters lamented the hike in prices of transportation fares in the state[Read More…]
NEITI says Nigeria’s Oil And Revenue Now $742.48bn
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said the Federal Government has earned $741.48billion revenue from the oil and gas sector. The earnings, according to the Executive Secretary Dr. Orji Ogbonnaya Orji, do not include the ones of 2021. He revealed that the 2021 oil and gas audit is[Read More…]
Nigeria Loses $2bn To Oil Theft In Eight Months
The ad-hoc committee set up by the Senate to investigate oil theft and consequent damage on the nation’s economy said recently that Nigeria lost $2 billion, equivalent to N1.3trillion, to oil theft between January and August this year. The Senate on April 14, 2022, constituted a 13- member Ad –[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…]