The President of Dangote Group, Alhaji Aliko Dangote has said that Dangote Sinotruk West Africa Limited has the installed capacity to produce 10,000 trucks annually and create about 3,000 jobs. He added that the company’s investment in their truck assembly plant is part of their backward integration to add value[Read More…]
Author: Godwin Anyebe
NAFDAC bans sale of Dex Luxury bar soap in Nigeria
The National Agency for Food and Drug Administration Control (NAFDAC) has banned the sale of Dex Luxury bar soap in Nigeria. The agency explained that the ban was due to Butyphenyl Methylpropional, (BMHCA) content in the product. BMHCA a.k.a Lilial is a possible human immune system toxicant or allergen, which[Read More…]
3rd Cycling Lagos: Organisers Parade Partners, Cyclists At Tour of Lagos Ahead of Grand Finale on June 29
It was a parade of cyclists and corporate sponsors/partners such as Samsung, Stanbic IBTC Bank, Nutrify, Cway among others as the city of Lagos witnessed the Cycling Lagos Mini Tour on June 15 in readiness for the highly anticipated 3rd Cycling Lagos event scheduled for Saturday June 29, 2024. The[Read More…]
Consumers react to the feud between Multichoice and CPT
As the legal battle between Multichoice, a cable TV service provider with the Consumer Protection Tribunal has continued unabated, Consumers have continued to react to the ongoing crisis. Most of these Consumers who are distinguished members of Consumers Assembly, a platform dedicated to consumer’s advocacy and enlightenment proffers solutions that[Read More…]
EFCC Warn Consumers against foreceful riped fruits
The Federal Competition and Consumer Protection Commission has begun moves against discouraging the forceful ripening of fruits, adulterated palm oil, contaminated meat and grains. Speaking during a sensitization campaign in Abuja, the Acting Executive Vice Chairman of FCCPC, Dr Adamu Abdullahi expressed concern over the attitude of some traders, retailers[Read More…]
Remove term: Multichoice Group has an account balance of N31.6 billion with Heritage Bank Multichoice Group has an account balance of N31.6 billion with Heritage Bank
Multichoice Group, owners of DSTV, had an account balance of N31.6 billion with Heritage Bank, before the bank’s liquidation. According to the group’s annual report for FY 2024, Multichoice had a deposit of N33.7 billion (488 million South African Rands) with the bank as of the 2024 fiscal year end[Read More…]
Reps Ask NAFDAC to Extend Ban on Alcoholic Sachet Drinks
The House of Representatives’ Committee on National Agency for Food and Drug Administration and Control (NAFDAC) on Friday called for a five year extension on the ban placed by NAFDAC on sachet alcoholic drinks across the country. This was disclosed by the Deputy Chairman, House of Representatives’ Committee on Media[Read More…]
Rite Foods backs Ojude Oba Festival Ojodu
Rite Foods Limited has restated its commitment to preserving Nigeria’s cultural heritage through sponsorship of the 2024 edition of the Ojude Oba Festival holding on Tuesday, June 18 in Ijebu Ode, Ogun State. Unveiling the Ojude Oba Festival 2024, the Company’s Head of Marketing, Ms. Boma Harrison affirmed that Rite[Read More…]
FIRSTBANK PARTNERS INTERNATIONAL WOMEN’S SOCIETY (IWS) TO EMPOWER WOMEN
First Bank of Nigeria Limited has partnered with the International Women’s Society (IWS) to empower over 250 widows, in commemoration of the 2024 International Widows’ Day. The News Agency of Nigeria (NAN) reports that beneficiaries at the Lagos event, tagged “IWS Widows Feast and Empowerment Programme”, received various essential tools,[Read More…]
Dangote refinery shifts petrol supply to July
The Dangote refinery has said its plan to release premium motor spirit into the market this month will no longer be possible, sparking reactions from Nigerians. The President of Dangote Group, Aliko Dangote told newsmen during a tour of the facility with Governor Babajide Sanwo-olu of Lagos State on Sunday[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…]