Economic crises” and “corporate social responsibility (CSR) initiatives” are two issues that dominate the modern business agenda. Although related, these issues have been analysed separately, and so a significant gap is perpetuated between the two. What are the effects of economic crises on CSR initiatives? Can organisational social initiatives withstand[Read More…]
Author: Godwin Anyebe
Electricity tariff : FCCPC backs NERC over N200m fine on AEDC, demands more action
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed delight over the decision of the Nigerian Electricity Regulatory Commission (NERC) to slap a N200 million fine on Abuja Electricity Distribution Company (AEDC) over tariff rate violation issues. FCCPC, in a statement signed by its Acting Executive Vice Chairman and[Read More…]
NAFDAC seizes tramadol, antibiotics, other OTC medications worth N50m from drug hawkers
As part of its efforts at protecting consumers against illicit pharmaceuticals while ensuring the well-being of Nigerians, the National Agency for Food and Drug Administration and Control (NAFDAC) has disclosed its operatives seized illegal drugs worth about N50 million from street hawkers in Lagos recently. The West African country’s health[Read More…]
NIPR Lagos aims global map with Lagos Fest 2024
The Lagos chapter of the Nigerian Institute of Public Relations recently unveiled activities to herald the 2024 Lagos Fest, which it says it’s aimed at reviving the economic fortunes of Lagos state and by extension the country. This year’s festival is with the theme: Communication and Culture: Reawakening Our Unique[Read More…]
Value of top 100 B2B brands up 10% versus last year, study finds
The top 100 most valuable B2B brands are collectively worth a quarter of a trillion US dollars (£198bn) more in 2024 compared to last year, according to new figures from Brand Finance. This represents a 10% increase versus this time in 2023. The data comes as more B2B brands invest[Read More…]
Irukera Raises Alarm Over Foreign Airlines’ Predatory Pricing Against Air Peace
The immediate past Director-General of the Federal Competition and Consumer Protection Commission (FCCPC), Babatunde Irukera, has raised concerns about allegations of ‘predatory pricing’ by foreign airlines against Nigeria’s Air Peace. The accusations come as Air Peace recently commenced its Lagos-London route, slashing economy class fares by approximately 66 percent. Irukera,[Read More…]
Stanbic IBTC unveils new version of app to boost digital banking Share
Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, unveiled a new version of its mobile app last week to optimise and simplify digital banking for business owners. Omolara Osunsoko, head of partnerships at Stanbic IBTC Bank said in her opening remark that the enhanced mobile app offered a range[Read More…]
Students Raises Alarm Over Scarcity of Water, Epileptic Power Supply
The students of University of Maiduguri, Maiduguri, Borno State have raised alarm and also expressed sadness over the hardship of water scarcity and epileptic power supply that hit the campus in recent times. Speaking on this development with the University campus press recently in Maiduguri, Mary Istifanus from the Faculty[Read More…]
Could it be end of an Era to Out-of-Home Advertising in Nigeria?
Over the years, out of home advertising in Nigeria has contributed immensely to the economic growth and development by creating brand awareness and building brand visibility and popularity. In the last couple of decades, outdoor advertising has become prominent and the advent of technology has enhanced it further so that[Read More…]
With ad budgets tightening, PR must prove its worth
For many B2B brands, advertising is a luxury in the current economic climate. Budgets are tight, and few can afford to make big outlays on campaigns in the coming months. Yet businesses still need to increase their brand awareness to sustain sales and growth, and it would be a mistake[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…]