L-R: Director General, National Council For Arts and Culture (NCAC), Mr. Obi Asika, Minister for Arts, Culture and Creative Economy Barrister Hannatu Musawa, Principal Consultant, Pure Imagination and Filmworks Ltd, Mr. Rotimi Pedro The Ministry of Arts, Culture, and Creative Economy has announced a partnership with Pure Imagination Production &[Read More…]
News
Dealers Back NASS Crackdown on Substandard Steel Producers
The Iron Rod and Steel Distributors Employers of Nigeria (IRSDEUN) said it is in full support of moves by the National Assembly towards mopping up substandard steel products across the country. The union noted that substandard steel products have saturated the Nigerian market, because of the greed of some producers,[Read More…]
NAFDAC Debunks Bread Ban, Cautions Bakers About Saccharine
The National Agency for Food and Drug Administration and Control (NAFDAC) has clarified that it didn’t tell Nigerians to avoid eating bread produced and sold within the country. The clarification comes after what NAFDAC described as a misunderstanding related to comments made by Roseline Ajayi, NAFDAC’s South-West Coordinator. Ajayi stated[Read More…]
NNPC unveils new crude oil grade from OML 13
The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled a new crude oil grade Utapate to the international market. According to Olufemi Soneye, Chief Corporate Communications Officer at NNPC Ltd, the first shipment of 950,000 barrels of Utapate crude oil was dispatched to Spain in July from Oil Mining[Read More…]
Empowering Women Inside Out: Join the Whole Women Conference 2024
Recharge Life Centre Unveils the Whole Women Conference 2024: A Day of Empowerment, Wellness, and Fun The Recharge Life Centre, a leading institution in mental health and well-being, is thrilled to announce the 8th annual Whole Women Conference. Scheduled for August 31st, 2024, this highly anticipated event aims to nurture[Read More…]
Ngbede Adejo’s Plea: A Story of Desperation and Advocacy
Ngbede Adejo’s Plea: A Story of Desperation and Advocacy In the heart of Lagos, amidst the bustling streets of Iyanaipaja, a community that struggles with the fallout from a recent police task force raid. Ngbede Adejo, an Okada rider, found himself at the center of a heartbreaking story that has[Read More…]
Unwarranted Police Raid on Motorcycles in Lagos Hinterland Causes Hardship for Families
In recent weeks, the hinterland areas of Lagos State, particularly Okeodo and Iyanaipaja, have been the focal points of an intense and controversial police task force operation targeting motorcycle operators. While aimed at curbing illegal activities and enhancing public safety, the raid has faced backlash for its perceived overreach and[Read More…]
Manufacturers’ losses drop to N223bn as FX pressure eases
Some of Nigerians’ biggest manufacturers have seen their losses reduce in the second quarter of 2024, largely on the back of a drop in finance costs (including foreign exchange costs) and other measures taken to stay afloat. This respite comes after the Federal Government reforms implemented last year negatively impacted[Read More…]
How Emmanuel Okonkwo allegedly stole N212.7m from Stanbic IBTC
Operatives of the Force Intelligence Department at the Force Headquarters Annex, Moloney, Obalende, Lagos have arrested a 29-year-old staffer of Stanbic IBTC Bank Headquarters located at Victoria Island, Lagos, Chukwudi Emmanuel Okonkwo for allegedly stealing the sum of N212.7m. Okonkwo was dragged before a Lagos Magistrates’ Court for allegedly fraudulently[Read More…]
DRUGS: Tight regulations can create monopoly, expert cautions NAFDAC
As pharmaceutical industry players await the full implementation of the Executive Order recently signed by the President, a former President of the Pharmaceutical Society of Nigeria, PSN, Pharm. Olumide Akintayo, has raised alarm over the crippling impact of the National Agency for Food Administration and Control, NAFDAC, regulations on Nigeria’s[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…]