The National Bureau of Statistics (NBS) says the oil and gas industry was among the firms that had the highest credit allocations for private sector businesses in 2021. This was disclosed in NBS October 2022 banking sector data, noting that the total credit allocated to the private sector in Q1[Read More…]
Author: Godwin Anyebe
Customs Rakes in N182bn in Nine Months
The Nigeria Customs Service, through its Ports & Terminal Multipurpose Limited command says it generated a total of N182bn in revenue between the months of January to September 2022. A statement by the command’s Public Relations Officer, Muhammd Yakubu, said that the figure when compared to the same period in[Read More…]
IMF Warns CBN of Financial Instability with Rate Hikes
The International Monetary Fund has warned that Nigeria and other emerging economies are at risk of financial instability if benchmark interest rates are continuously raised. In a new report entitled, “Interest Rate Increases Volatile Markets Signal Rising Financial Stability Risks,” the global lender noted that to avoid inflationary pressures from[Read More…]
At Checkers Africa Limited, quality is our watchword, head of marketing, Timothy Ogundele
Checkers Africa Limited, makers of Checkers Custard brand may be (relatively) new in the Nigerian market compared to the other brands in the category. However, for four years, the brand has been able to position itself in the faces of consumers climbing its way to the top of the chain[Read More…]
FIRSTBANK COMMEMORATES 2022 CUSTOMER SERVICE WEEK
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its commemoration of the 2022 edition of the Customer Service Week scheduled to be globally celebrated on 3 – 7 October 2022. The event themed: “Celebrating Service” will be marked across its FBNBank subsidiaries in[Read More…]
ARCON SUES META PLATFORMS INCORPORATED, SEEKS N30B IN SANCTION AND PENALTIES
The Advertising Regulatory Council of Nigeria (ARCON) has instituted a suit against Meta Platforms Incorporated (owners of Facebook, Instagram and WhatsApp platforms) and its agent AT3 Resources Limited at the Federal High Court, Abuja Judicial Division. ARCON is seeking declaration among others that the continued publication and exposure of various[Read More…]
BJAN announces 10th Anniversary Brands & Marketing Conference and Awards
The 2022 edition of the anticipated Brands and Marketing Conference and Awards has been slated to hold on November 25, 2022. According to Brand Journalists Association of Nigeria (BJAN), its organiser, the event will kick off at Oriental Hotel Victoria Island, Lagos by 10am. The BJAN annual conference is a[Read More…]
FIRSTBANK PARTNERS VERVE INTERNATIONAL, MAKES CUSTOMERS MILLIONAIRES IN THE FIRSTBANK VERVE CARD PROMO
In partnership with FirstBank – Nigeria’s premier and leading financial inclusion services provider – Verve International, Africa’s leading payment technology and card business, has launched its third National Consumer promo designed to reward users of FirstBank verve card with exciting gifts and cash prizes to appreciate their patronage and use[Read More…]
How local entrepreneurial ingenuity revolutionized Tile manufacturing in Nigeria
The demands for tiles are increasing by the day to the extent that it has become an integral part of the real estate sector in the country. The much welcomed part of the development is that the country is no longer 100 percent dependent on its tile consumption on imports[Read More…]
WIN BIG REWARDS IN THE AMAIZING DAY CEREAL BACK-TO-SCHOOL PROMO
Amaizing Day Breakfast Cereal believes that every kid is amaizing at something, and it just takes some special individuals to help nurture it. Asides from their parents, we believe teachers also play a big role in this, hence as the kids go back to school, we would like to celebrate[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…]