Consumers around Nigeria face higher prices for a wide variety of everyday purchases, as supply chain problems bedevil markets for all manner of goods, and energy prices spike to highs not seen in years. That means Nigerian consumers are paying more for items like food, clothing and household supplies, and[Read More…]
Author: Godwin Anyebe
Institute of Brand Management of Nigeria Announces Date for Brands Excellence Awards
The Institute of Brands Management of Nigeria (IBMN) has announced date for its 2024 edition of West African Brands Excellence Awards. In a statement made available to newsmen recently in Lagos, the organisers of the award disclosed that, the much coveted award will take place on the 28th February 2024[Read More…]
Technology and Science in the 21st Century: A Necessity for Progress
By MBTI Media Crew Witnessing drastic changes in the contemporary era, the symbiotic relationship between technology and science has become an integral part of our daily lives. From the convenience of personalized computers to the promise of self-driving cars, technological advancements have ushered in an era where the world is[Read More…]
NCC, FCCPC, NOSDRA to be affected as court stops NBC from imposing fines
A federal high court in Abuja has voided the provisions which empower the Nigeria Broadcasting Commission (NBC) to impose fines on broadcast stations over alleged breach of its broadcasting code. In a judgment delivered on Wednesday, Rita Ofili-Ajumogobia, the presiding judge, held that the NBC cannot exercise administrative, legislative and[Read More…]
Alleged Substandard PCM Report: NAFDAC Probes Quality Of Paracetamol Brands In The Country
Following viral reports of research alleging that nearly all of the paracetamol tablets sold in Nigeria are possibly under-dosed, the National Agency for Food and Drug and Administration and Control, NAFDAC, has said it is investigating the presence of fake and substandard paracetamol brands in the open market in Nigeria.[Read More…]
Rite Foods Partners with Eniola Badmus, Supports Less Privileged Through “Feed The Needy” Initiative
Ringing in 2024 with a commitment to community, Rite Foods joined forces with renowned actress Eniola Badmus for the “Feed the Needy” initiative in Lagos. This impactful program brought essential supplies and joyous moments to marginalised communities across the city on the 1st of January, 2024 which was rounded off[Read More…]
N585m scandal: Perm Sec, Enitan takes over from suspended Betta Edu
Following the suspension of the Minister of Humanitarian Affairs and Poverty Alleviation, the ministry’s Permanent Secretary, Abel Olumuyiwa Enitan, has assumed responsibility for the ministry. His action is in line with the directive of President Bola Ahmed Tinubu,who suspended Edu on Monday over the alleged payment of public funds into[Read More…]
Tinubu Breached Federal Competition Law In Removal Of Irukera As FCCPC CEO
President Bola Tinubu may have breached the Act setting up the Federal Competition and Consumer Protection Commission in the removal of Mr Babatunde Irukera as the Chief Executive Officer. Presidential Media Aide Ajuri Ngelale had in a statement on Monday announced that the president had “dismissed” Irukera as CEO of[Read More…]
Stanbic IBTC Pension Rewards 12 Youths With N32m
The FUZE Talent Show, which received an overwhelming response with over 4,000 entries from applicants, provided a platform to showcase raw talent from participants across Nigeria. The journey to the finals was rigorous, with 28 contestants taken through a two-week boot camp, several levels of competition, and weekly elimination shows,[Read More…]
First Bank to Deploy More Humanoid Robots to Branches
The chief executive of First Bank of Nigeria Limited, Mr Adesola Adeduntan, has said the management is planning to deploy more humanoid robots in branches across the country. The bank currently has three branches in Lagos, Oyo, and Abuja that are equipped with the Digital Xperience Centre (DXC), operated by[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…]