Nigerian pasta brand, Crown Premium Pasta, has unveiled top Nollywood actress and movie producer, Chioma Akpotha, as its brand ambassador. The actress, who has won notable awards including the African Movie Academy Award, was unveiled by Crown Flour Mill Limited, the makers of Crown Premium Pasta, at a contract signing[Read More…]
Tag: Nigeria
Banks Begin Charging Customers for Failed Transactions
Nigerian banks have started charging customers for failed transactions, a move that could further compound economic hardship already assailing the masses. The charges were imposed following a CBN directive earlier this year that directed banks to penalise customers who initiate direct debit transactions on their account but lack funds to[Read More…]
9mobile Felicitates with Founder of MobiHealth on World Bank SDGs Award
Nigeria’s telecoms provider, 9mobile, has felicitated with the founder of MobiHealth International, Dr. Funmi Adewara on winning the World Bank SDGs and her Global Award 2020. Adewara was one of the seven women entrepreneurs recognized for using their entrepreneurial skills to support the SDGs through their business leadership and health[Read More…]
CBN Releases Framework for Financing of Mass Metering
Central Bank of Nigeria (CBN) has released its framework for National Mass Metering Programme (NMMP). The framework was released by the Development Financing department of the apex bank through its official website on Monday. It stated that introduction of the Service-Based Tariff (SBT) in the Nigeria Electricity Supply Industry (NESI)[Read More…]
Emirates Airlines Ban From Operating In Nigeria By FG
The Federal Government has included Emirates Airlines in the list of airlines not allowed to operate in Nigeria. This is part of measures to curb the spread of COVID-19 in the country. The Minister of Aviation, Hadi Sirika, confirmed this via his Twitter handle on Friday. According to Sirika, the[Read More…]
‘Nigeria at 60 logo’ Not Plagiarised, Original Says Co-creators
The Nigerian agencies- Chain Reactions Nigeria, TBWA Africa and The Temple Management Company that jointly created the Nigeria @ 60 logo has refuted rumors making the rounds that the logo, which has been appreciated and loved by both highly placed government officials and industry practitioners was never plagiarised. The rebuttal[Read More…]
Nigeria, Korea Pledge to Deepen Cooperation in Shipping
Nigeria and South Korea have agreed to intensify their collaboration in trade and shipping development. This was disclosed in Lagos during a meeting between the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, and Consul General, Embassy of the Republic of Korea in Nigeria, Kim[Read More…]
FG Sacks Aboloma as NAIC Gets New ED
The Federal Government has sacked erstwhile Director General of the Standards Organization of Nigeria, SON, Mr. Osita Aboloma and approved the appointment of Farouk Salim as the new Director General of the Agency Salim’s appointment takes effect from September 26, 2020 as conveyed by the Minister of Industry, Trade and[Read More…]
CBN unveils plans for non-interest facility in ABP, others
The Central Bank of Nigeria (CBN) has unveiled plans to release a framework for integration of non-interest window in all its intervention programmes, particularly the Anchor Borrowers’ Programme (ABP) and the Targeted Credit Facility (TCF) to support households and Micro, Small and Medium Enterprises (MSMEs) affected by the COVID-19 pandemic[Read More…]
How Banks Defrauds Customers in Nigeria
Nigeria bank has finished this Nation. They are silence killer and unarmed robbers. If you’re in doubt, below are series of charges always place on innocent customers on a single banking transaction. 1 VAT. 2. Account maintenance charges 3. SMS alert charges 4. Transfer charges 5. Poster STAMP DUTY charges[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…]