The insinuation in some quarters that the activities of Over the Top content providers (OTT) appear to be a threat to handler of brands in Nigerian telecommunication industry is fast becoming a reality. For some years now, Google and Facebook have been working to provide free global internet. However, this[Read More…]
Author: Godwin Anyebe
DPR Stops Illegal Mobile GAS Distribution
The Department of Petroleum Resources Lagos Zonal office,( Gas Unit) in Collaboration with NSCDC during its surveillance visit arrested a mobile Gas operator with a vehicle laden with 1MT LPG Tank with dispensing unit accessories and weight bridge used in dispensing same products within Isheri road, Berger, Lagos. Due to[Read More…]
Access Bank tells customers it’s time to pay accrued stamp duty charges
Access Bank Plc said it recently discovered a mistake in its operations records, whereby stamp duty charges on applicable transactions were not passed on to customers. The omissions occurred between February 1st, 2020, and April 30th, 2020. The tier-1 bank said it is deeply apologetic for this error. However, all[Read More…]
CBN unveils plans for non-interest facility in ABP, others
The Central Bank of Nigeria (CBN) has unveiled plans to release a framework for integration of non-interest window in all its intervention programmes, particularly the Anchor Borrowers’ Programme (ABP) and the Targeted Credit Facility (TCF) to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic[Read More…]
Atiku Rises Concern Over FG Raising Debt
Nothing has shocked me in my entire life in public service as the revelation from Nigeria’s First Quarter 2020 financial reports in the Medium Term Expenditure Framework and Fiscal Strategy from the Federal Ministry of Finance, Budget, and National Planning, which shows, alarmingly, that whereas Nigeria spent a total sum[Read More…]
Between Social Distancing and Consumer Compliance
As federal government weigh plans to resume economic activity against the threat of furthering the spread of COVID-19, some states have forged ahead with reopening plans with a clause to holding firm with social distancing measures. In public health, social distancing, also called physical distancing, is a set of non-pharmaceutical[Read More…]
FirstBank Presents Devices to Lagos State Towards Driving 1 Million Students to e-learning
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider recently, presented 20,000 units of e-learning devices to the Lagos State government at the State House in Marina, Lagos. The devices are planned for distribution to school children. With the gesture, the Lagos State governor, Babajide Sanwo-Olu said the[Read More…]
Nigeria exported N32bn worth of electricity in 2019 — NERC
The Republics of Togo, Niger and Benin received a total invoice of N32.04bn for the electricity supplied to them from Nigeria in 2019, data from the Nigerian Electricity Regulatory Commission have shown. Nigeria, through some of its power plants, sell electricity to the neighbouring countries, which are classified as international[Read More…]
DPR Shuts Down Errant Filling Stations for Not Complying with New Petroleum Pump Price
The Department of Petroleum Resources is enforcing the new price range of N121.5 to N123.5/litre for petrol at filling stations across the country and has shut down errant outlets selling above the stipulated rate. It was gathered that all zonal operations controllers of the DPR agreed to inspect and enforce[Read More…]
Understanding The Place Of Customer Retention In An Economic Crisis
One of the major challenges of brand handlers during a pandemic is how to retain customers. As a matter of fact, report revealed that, brands need to accommodate customers and partners with uncertain or reduced incomes due to the COVID-19 pandemic or lose their business entirely. Fndings by CONSUMERS ASSEMBLY[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…]