Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings, has been recognized as the ‘Best Local Currency Bond House’. The Bank received the award at the EMEA Finance Awards for the second consecutive year. Accordingly, this award highlights the company’s outstanding performance and key role in the Nigerian[Read More…]
Author: Godwin Anyebe
Experts advocate value cultivation in Food, Beverage, and Tobacco Manufacturing
Stakeholders in the Food, Beverage, and Tobacco (FBT) Sector of the Manufacturers Association of Nigeria (MAN) have enjoined local manufacturers to sustain the culture of quality throughout the entire manufacturing process to maintain brand loyalty and ultimately increase the bottom line consistently. This charge was made during the 2024 Annual[Read More…]
In Entrepreneurship, Agility is the Name of the Game – Rite Foods’ Boss
Seleem Adegunwa, Managing Director and Chief Executive Officer of Rite Foods Limited, a truly world-class and proudly Nigerian company, has enjoined SME owners, founders, corporate innovators, and business executives to cultivate flexibility and agility as required traits for success in scaling up their businesses. Adegunwa stated this at The SME[Read More…]
GEN Nigeria, Bluerock Accelerate record history with inaugural Entrepreneurs Lounge event in Nigeria
The inaugural Entrepreneurs Lounge event held in Lagos recently was judged a success by all standards as startups founders and established entrepreneurs in Nigeria turned up for the first entrepreneurs lounge powered by GEN Nigeria in collaboration with Bluerock Accelerate. The inaugural entrepreneurs lounge which also featured Nigeria national finals[Read More…]
NAFDAC registers 768 businesses in Jigawa
The National Agency for Food and Drug Administration and Control (NAFDAC), has registered 768 businesses in Jigawa between 2001 to date. The agency also destroyed expired, banned and unwholesome goods worth N36 million in the state. Its Coordinator, Mr Ali Mshelia, said this on Monday in Dutse at a one-day[Read More…]
Nigeria’s Advertising Industry Valued At ₦605.2B, Multiplier Effect At ₦1 To ₦16.5 – New PwC Report
A new report commissioned by the Advertising Regulatory Council of Nigeria (ARCON) and funded by various industry associations has shed light on the advertising sector’s contribution to the nation’s Gross Domestic Product (GDP), its value and multiplier effect. The report was carried out by PricewaterhouseCoopers (PwC) and presented to stakeholders[Read More…]
Unpaid Sportybet customers file petitions with EFCC, Special Fraud Unit, Police Force Intelligence and Investigation Department
Over 100 Customers of the online sports betting platform, SportyBet, who were refused payment of their winnings totaling over N950m and access their accounts, have taken strong action in response to the company’s claims of fraudulent activity. This follows recent reports from IT experts who cast reasonable doubt on SportyBet’s[Read More…]
Multichoice says Nigerian Tribunal “breached its right” with free subscription order
The legal team of Prominent Pay-TV operator, Multichoice Nigeria has said that the Competition and Consumer Protection Tribunal “breached their right to fair hearing” by imposing a N150 million fine on it following its preliminary objection challenging its jurisdiction among other reliefs. Multichoice’s lawyer, Moyosore .J. Onibanjo (SAN) disclosed this[Read More…]
FCCPC Sensitizes Kogi Students On Consumers’ Rights, Responsibilities
The Federal Competition and Consumer Protection Commission (FCCPC) has sensitised students of secondary schools in Kogi to know about their rights and responsibilities as consumers. Addressing students at Baptist Group of Schools Lokoja, recently, the Assistant Chief Consumer and Business Education Officer, FCCPC, Abuja, Mr Ibrahim Bello, said the sensitisation[Read More…]
N Brown to ramp up marketing spend by £10m
The owner of N Brown, a fashion brand has promised to invest £10m in marketing over the coming year as part of plans to drive sustainable growth, awareness, consideration and acquisition. Marketing features prominently as a key focus for the year ahead in the fashion group’s latest results for the[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…]