Following its norm and convention of promoting and supporting the growth of brands on the continent of Africa, the African Brands, one of the foremost brands publication in Africa, has announced its readiness to hold the fifth edition of Africa Financial Technology Congress (AFTC 2024). The event with the theme:[Read More…]
Author: Godwin Anyebe
Benue State Signs MoU For Digital Infrastructure
Benue State Government, Central Nigeria has signed a memorandum of understanding with a non-governmental organization; Gamint Corporate Ltd on the establishment of an outfit known as Benue Digital Infrastructure Company (BDIC). The partnership underscores the government’s commitment to creating a digitally inclusive society, fostering economic growth, and enhancing the quality[Read More…]
Lagos assembly holds public hearing on bill to generate, transmit, distribute electricity
The Lagos State House of Assembly, on Monday, held a public hearing on the state’s Electricity Bill 2024, which aims to improve electricity supply in the state. The bill is titled:” A bill for a law to repeal the Lagos State Power Sector Reform Law 2018, to provide for the[Read More…]
Golden Guinea wins N10bn eight-year suit against AB InBev
Golden Guinea Breweries Plc has won an eight-year-long N10 billion suit against International Breweries Plc and Anheuser-Busch InBev (AB InBev). The Umuahia Abia State-based brewer had approched the Federal High Court in 2016 demanding general damages in the sum of N10 billion from Pabod Breweries Limited, a company which AB[Read More…]
Telcos Ask NCC for Permission to Hike Tariff for Voice, Data Services
Telecommunication operators in Nigeria have asked Nigerian Communications Commission (NCC) for permission to increase their tariff for voice and data services to enable them cushion the harsh operating climate. This is coming two months after an earlier letter to the industry regulator to demand for tariff adjustment. They are appealing[Read More…]
Bühler opens application center for local grains in Nigeria together with Flour Mills of Nigeria
Bühler opens application center for local grains in Nigeria together with Flour Mills of Nigeria The company plans to boost the growth and development of ancient grains as a food source in Nigeria and the continent of Africa to enhance food security in the region Bühler, in collaboraiton with Flour[Read More…]
FirstBank to honour Soyinka @ 90 with “The Noble Warrior”
”The Noble Warrior,” a theatrical performance of Eni Ogun has been listed as part of the birthday celebrations and activities in honour Nobel Laureate, Prof Wole Soyinka at 90. Announcing its sponsorship of the Lagos command performance in a statement on Tuesday, the Group Head, Marketing and Corporate Communications, FirstBank,[Read More…]
Retail superstores suffer low patronage – FCCPC
As the harsh economic atmosphere continues unabated, high profile retail supermarkets have experienced sales reduction by 50 percent. Speaking during a strategic engagement between the Federal Competition and Consumer Protection Commission [FCCPC] and the members of the National Association of Supermarket Operators of Nigeria [NASON], Retailers Council of Nigeria [RCN],[Read More…]
NBMA tackles NAFDAC over criticism of GMO consumption in Nigeria
The Director General of the Nigeria Biotechnology Management Agency (NBMA), Agnes Asagbra, has kicked against the disapproval of genetically engineered food by the Director General of the National Agency for Food and Drug Administration and Control (NAFDAC), Mojisola Adeyeye. On 29 June, the NAFDAC boss, during an interview on Arise[Read More…]
Nationwide blackout as power grid crashes again, supply falls to 70MW
In a development that has thrown the nation into darkness, the national grid operated from Osogbo in Osun State has again failed electricity customers, including band A users who are heavily billed and promised uninterrupted power supply. The collapse, which happened at about 3pm today, crashed the power on the[Read More…]
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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…]