The board of MTN has approved the appointment of Mazen Mroue as a non-executive director of the company effective from 1st June 2022. MTN’s company secretary, Uto Ukpanah, stated this in statement posted to the website of the Nigerian Exchange. The statement said MTN Board approved Mroue’s appointment as a non-executive director of the company, […]
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United Kingdom-based energy company, SteamaCo, says it is working with electricity distribution companies to checkmate electricity theft and other challenges in the power sector in Nigeria. The firm stated this in a statement by business development manager Micheal Nwachukwu on Saturday, quoting the firm’s managing director, Tom Parkinson. “The company is already in the country,
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By Mariam Akani Sometimes you find yourself in dire need of an accommodation such that you fail to do due diligence before making payment for it. People with such experience, more often than not, comes to realise they had only made more haste, but less speed in getting a suitable apartment. Consumertrics has identified salient
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Nestle Nigeria Plc is partnering with International Climate Change Development Initiative (ICCDI) to train primary school pupils in Ogun state on effective waste management approach. Themed, Nestlé for Healthier Kids (N4HK), the training will take place in six primary schools in the state, and the Federal Capital Territory (FCT), Abuja. Nestle’s statement, released by Victoria
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The Central Bank of Nigeria (CBN) has raised interest rate from 11.5 per cent to 13.5 per cent. CBN Governor, Godwin Emefiele, announced this on Tuesday while addressing the reporters after the Monetary Policy Committee meeting in Abuja. Emefiele said this while reading the 285th communiqué issued at the end of the apex bank’s Monetary Policy
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The International Energy Agency (IEA), in a new report, says that two million electric cars were sold in the first quarter of 2022. The sale is up by three-quarters from the same period a year ago. IEA’s annual Global Electric Vehicle Outlook adds that the sales of the electric cars comprise both the fully electric
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EFG Hermes Holdings, through its subsidiary valU Consumer Finance, has entered a $10million deal with Amazon. valU will serve as a payment method forAmazon’s customers, who will have the chance to split the total cost of purchases into multiple payments using the platform The company, in a statement, said, “Amazon agreed to acquire $10 million
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The World Health Organization (WHO) said on Tuesday that there are 131 confirmed monkeypox cases and 106 further suspected cases since the first was reported on May 7. The majority of the recent cases have been reported in Europe. The organization also said infection is “containable” and limited. “We encourage you all to increase the
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Adverse drug reaction (ADR) is that which a user gets from taking a particular medication. This effect may be different from person-to-person, but the basic fact is that it such an unwanted, uncomfortable, or sometimes dangerous reaction from drug intake. Due to poor consumer literacy and laxity in enforcing consumer protection, adverse drug effect cases
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The Nigerian Communications Commission (NCC) says it is setting up a standardised cyber insurance policy to enforce internet governance in Nigeria. NCC executive chairman Professor Umar Danbatta said this in his address at the symposium on internet governance, held at the federal capital, Abuja. Danbatta said the policy would entail advocacy on internet and internet
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