Cross-border trading of foreign airlines Inventories, which has impacted negatively on Nigeria’s travel economy, has been described as a monster that must be tackled frontally and destroyed. Alhaji Adamu Abdullahi of the Federal Competition and Consumer Protection Commission ( FCCPC), stated that the trend if left unchecked, is dangerous, worrisome,[Read More…]
News
NAFDAC shuts Sokoto bakery for using saccharine, bromate
The National Agency for Food Drug Administration and Control (NAFDAC) has shut down a bakery for using unfortified sugar and banned bromate in Sokoto. The NAFDAC State Coordinator, Mr Garba Adamu, told the News Agency of Nigeria (NAN) on Friday that the bakery was detected during a special raid by[Read More…]
DSTV, GOTV price hike is consequence of fallen value of naira, ever-increasing taxes in Nigeria – Multichoice tells Tribunal
MultiChoice Nigeria has maintained that its DSTV and GOTV price hikes are a consequence of the fallen value of the naira and ever-increasing taxes in Nigeria, among other factors. The legal team of MultiChoice disclosed this in its counter affidavits before the Competition and Consumer Protection Tribunal following a case[Read More…]
Importers lose N248bn to cargo sampling at Lagos ports in five years
Clearing agents at the nation’s ports in Lagos have lamented that in the last five years, importers have lost N248 billion to multiple sampling of imported cargoes by different agencies of government at the nation’s ports of Apapa and Tin-Can Island ports. Speaking with the Nigerian Tribune exclusively in Lagos,[Read More…]
Minister Lauds Origin Tech Group on Partnership with FG on Greener Hope Agricultural Productivity Program
Recently, the Federal Executive Council approved an Agro-Development Syndicated Facility for which Origin Tech Group is to power a truly Nigeria’s pioneering integrated food security systems through a revolutionary large-scale agricultural mechanization programme code-named “Greener Hope Agricultural Productivity Programme” in conjunction with the Federal Ministry of Agriculture and Food Security[Read More…]
Benue State Signs MoU For Digital Infrastructure
Benue State Government, Central Nigeria has signed a memorandum of understanding with a non-governmental organization; Gamint Corporate Ltd on the establishment of an outfit known as Benue Digital Infrastructure Company (BDIC). The partnership underscores the government’s commitment to creating a digitally inclusive society, fostering economic growth, and enhancing the quality[Read More…]
Lagos assembly holds public hearing on bill to generate, transmit, distribute electricity
The Lagos State House of Assembly, on Monday, held a public hearing on the state’s Electricity Bill 2024, which aims to improve electricity supply in the state. The bill is titled:” A bill for a law to repeal the Lagos State Power Sector Reform Law 2018, to provide for the[Read More…]
Telcos Ask NCC for Permission to Hike Tariff for Voice, Data Services
Telecommunication operators in Nigeria have asked Nigerian Communications Commission (NCC) for permission to increase their tariff for voice and data services to enable them cushion the harsh operating climate. This is coming two months after an earlier letter to the industry regulator to demand for tariff adjustment. They are appealing[Read More…]
Bühler opens application center for local grains in Nigeria together with Flour Mills of Nigeria
Bühler opens application center for local grains in Nigeria together with Flour Mills of Nigeria The company plans to boost the growth and development of ancient grains as a food source in Nigeria and the continent of Africa to enhance food security in the region Bühler, in collaboraiton with Flour[Read More…]
FirstBank to honour Soyinka @ 90 with “The Noble Warrior”
”The Noble Warrior,” a theatrical performance of Eni Ogun has been listed as part of the birthday celebrations and activities in honour Nobel Laureate, Prof Wole Soyinka at 90. Announcing its sponsorship of the Lagos command performance in a statement on Tuesday, the Group Head, Marketing and Corporate Communications, FirstBank,[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…]