Cordros Asset Management Limited, a financial service group in African markets has announced the winners of its 2024 ‘Every Child a Milestone Fund Debate’ competition with the presentation of hundred thousand naira seed fund to the winners recently in Lagos. Speaking on this development yesterday in Lagos, the Managing Director[Read More…]
Author: Godwin Anyebe
FCCPC decries low turnout of farmproducts available to consumers
The fact finding mission by the Federal Competition, Consumer Protection Commission [FCCPC] has lamented the rising decline of farm produce available to consumers nationwide. The Commission made this discovery during a tour of duty by its team who traversed some of the nation’s major markets in some parts of the[Read More…]
‘Sniper causes cancer, deaths’, NAFDAC warns against use for food preservation
The National Agency for Food and Drug Administration and Control has once again warned Nigerians about the hazardous practice of using dangerous chemicals to preserve food items. Specifically, the agency has banned and emphasized the dangers associated with dichlorvos, a chemical commonly utilised by traders to safeguard food from spoilage.[Read More…]
Tobacco firms urged to embolden health warning graphics on products
Tobacco companies have been mandated to embolden health warning graphics on their products, to discourage smoking. The instruction was given recently by the Founder of Cogent Device International, Subuloye Oyetayo Precious, who also advised Nigerians to take their health seriously. Recall that the government had instructed tobacco firms to combine[Read More…]
NCC directs mobile operators to address data depletion concerns
The Nigeria Communications Commission said it has ordered Mobile Network Operators to conduct an independent audit of their billing systems to tackle the rising concerns over data depletion among subscribers. The NCC’s Director of Public Affairs, Reuben Mouka, signed a statement on Thursday outlining this directive, which aims to ensure[Read More…]
CSR: LG Electronics Donates Solar-Powered Borehole to Abule-Osun Community in Lagos
LG Electronics, a renowned global leader in technology and innovation, has made a generous contribution by providing a solar-powered borehole to the Abule Osun community in Lagos, Nigeria. This marks the second similar project in Nigeria, demonstrating the company’s commitment to addressing the pressing issue of access to clean drinking[Read More…]
FBN HOLDINGS MAINTAINS IMPRESSIVE PERFORMANCE, POSTS N238.53BN PBT IN Q1 2024
FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth from the N56.1 billion reported in Q1 ended March 31, 2023. The Q1 2024 results was a reflection of 2023 impressive performance as one[Read More…]
NAFDAC arrests businessman for revalidating expired cosmetics
The National Agency for Food and Drug Administration and Control has arrested the owner of Precious Jewel Int’l Nigeria Limited, Kingsley Awuh for revalidating expired cosmetics in Lagos State. Precious Jewel Int’l Nigeria Limited was found altering expiration dates on cosmetics. NAFDAC made this known on his X handle recently.[Read More…]
Access Bank Rated ‘Most Valuable Brand’ In Nigeria
Access Bank has been named Nigeria’s most valuable brand once again, according to the latest Brand Finance report. The 2024 analysis showed a significant 73 per cent increase in Access Bank’s brand value, reinforcing its status as the leading banking brand in Nigeria for the third consecutive year in Brand[Read More…]
Dangote refinery to list on NGX, London Stock Exchange
Dangote Petroleum Refinery says it has plans for a dual listing on the London Stock Exchange (LSE) and Nigerian Exchange (NGX) Limited. Devakumar Edwin, executive director of Dangote Group, made this known in a Reuters report on May 28. Aliko Dangote, the founder of the refiner, was quoted in reports[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…]