Nigeria’s Dangote Refinery, the largest in Africa, is set to begin exporting diesel fuel meeting European specifications in June, alongside the domestic sale of petrol. This news comes as the refinery ramps up production after officially launching in January 2024. “We expect before the end of next month to have[Read More…]
Author: Godwin Anyebe
Benue Assembly Repeals Life Pension Law For Ex-Govs, Deputies
The Benue State House of Assembly recently repealed the law for lifetime maintenance of former elected governors and their deputies in the state. The 9th Assembly had in May 2023, few days to their exit, passed the controversial pension bill to extend benefits to ex-elected governors and their deputies from[Read More…]
Electricity, aviation, banking issues top FCCPC consumer complaints list
The Federal Competition and Consumer Protection Commission (FCCPC), said electricity sector related issues were top on its consumer complaints list in the last one year. its Acting Executive Vice Chairman, Dr. Adamu Abdullahi, said aviation and banking related complaints followed electricity on the Commission’s record of consumer complaints received. He[Read More…]
Dangote Tasks FG on Concrete Roads
The President of Dangote Industries Limited, Aliko Dangote has urged the Federal Government to jettison asphalt for concrete-made roads. Speaking at the commissioning of the Apapa- Oworonshoki road by President Bola Tinubu in Lagos on Sunday, the business mogul said the recommendation for the rejection of asphalt “is because concrete[Read More…]
70 Winners Emerge From Stanbic IBTC Bank’s Award-Winning Reward4Saving April Draw
The Stanbic IBTC Bank Reward4Saving promo, recently awarded ‘The Industry’s Most Transparent Consumer Promotion’, has rewarded over 1,600 customers with N262 million in less than three years. The objective of the promo, which started in 2021 is to foster the savings culture among Nigerians, by recognising and rewarding individuals who[Read More…]
Nigeria Brewing Industry in Nigeria Hit Hard with Combined Losses of N169.7 Billion
Nigeria’s leading breweries faced a staggering combined loss of N169.7 billion in the first quarter of 2024, as reported by BusinessDay’s comprehensive analysis of their financial statements. Rising interest rates and the ongoing devaluation of the naira inflicted significant financial strain on Champion Breweries Plc, Nigerian Breweries Plc, International Breweries[Read More…]
Consumers fault Discos as meter price hits N147,000
Electricity consumers have kicked against the hike in the prices of prepaid meters as announced by the power distribution companies. The Electricity Consumers Protection and Advocacy Centre told our correspondent that the electricity sector in the country seems to have been structured to inflict hardships on the masses. The PUNCH[Read More…]
Streaming swells monthly internet spend to N216bn
Nigerians are consuming content on the internet at an unprecedented pace, with monthly usage up by more than 501.99 percent since 2019. This surge has been fueled by the growing appetite for streaming services and other online activities, accessible primarily through smartphones. According to data from the Nigerian Communication Commission[Read More…]
Nigeria Showcases Digital Social Investments at APRA 2024
Nigeria has displayed various digital social investments through the Nigerian Communications Commission (NCC) at the just-concluded 35th annual conference of the African Public Relations Association (APRA) in Abidjan, Côte d’Ivoire. A statement issued by the NCC noted that through a presentation by the Head of Media Management Relations at the[Read More…]
Ban on sachet alcohol: Reps C’ttee berates NAFDAC DG for disobeying motion to suspend directive
The House of Representatives Committee on National Agency for Food and Drugs Administration and Control, NAFDAC has accused the Director General of the agency, Professor Mojisola Adeyeye of blatantly refusing to suspend the ban on sachet alcohol as directed by the House. Briefing journalists at the National Assembly at 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…]