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We paid 1.6million poor Nigerians N10,000 bimonthly – FG

We paid 1.6million poor Nigerians N10,000 bimonthly – FG

  The administration of President Muhammadu Buhari), has claimed,  a total of 1.6 million poor households benefited from a bimonthly payment of N10,000 each as part of the regime’s plan to mitigate suffering among the citizens. The Minister of Labour, Employment and Productivity, Dr Chris Ngige, made this known during the 2023 international Workers’ Day […]

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How new ARCON law prevents N120 billion capital flight annually - Buchi Johnson

How new ARCON law prevents N120 billion capital flight annually – Buchi Johnson

  Leading  players in the Nigerian advertising scene and Chief Executive Officer of Lilvera Group, Mr. Buchi Johnson, has revealed that the new law setting up ARCON has prevented a capital flight to the tune of N120 billion. According to him, “The law provides that, with effect from January 1, 2023, advertisers must use a

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Cancer Scare: Nigeria Bans Importation Of Indomie Noodles

CANCER SCARE! NAFDAC bans importation of Indomie noodles

  The National Agency for Food and Drug Administration and Control (NAFDAC), has banned the importation of Indomie noodles. NAFDAC Director-General, Prof. Mojisola Adeyeye, stated this in an interview with journalists. The Nigerian regulatory body took the action amid investigation by Taiwan and Malaysia authorities which reportedly discovered ethylene oxide, a cancer causing agent, in

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SALUTARY! Vertiv targets African market penetration via new MD

SALUTARY! Vertiv targets African market penetration via new MD

  Vertiv, a global provider of critical digital infrastructure and continuity solutions, has appointed Wojtek Piorko as its new managing director for Africa. Piorko has been promoted from his previous position as South East Africa regional director. Pierre Havenga, who previously held the position of managing director for Africa, will be leaving Vertiv at the

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Nigeria loses $2.4bn from crude oil theft – Gbajabiamila laments

Nigeria loses $2.4bn from crude oil theft – Gbajabiamila laments

  The Speaker of the House of Representatives, Femi Gbajabiamila, has lamented the continuous crude oil theft across the country with the latest sale of stolen 48 million barrels of crude oil to China. The ad-hoc committee of the House of Representatives led by Mark Gbillah held a sitting in Abuja, which witnessed protests from

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MULTICHOICE LATEST PRICES REVIEW! Pay old rates for 12 months if…

MULTICHOICE LATEST PRICES REVIEW! Pay old rates for 12 months if…

  MultiChoice Nigeria, a pay TV service provider, on Tuesday, April 25, 2023, announced an upward review of prices on its DStv and GOtv packages. Through a text message to customers by MultiChoice Nigeria revealed that the new GOTV subscription price and new DSTV subscription price will commence on International Workers Day, Monday, May 1,

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New report hails Nigeria for leading Africa in Venture Capital Investments

New report hails Nigeria for leading Africa in Venture Capital Investments

    Nigeria has emerged tops in venture capital investments for the year 2022, a new report by the Africa Private Equity and Venture Capital Association, has revealed. In its annual report, titled “2022 AVCA Venture Capital in Africa Report”, the continental body said that Nigeria outperformed other countries that made the list to account

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“Encourage local manufacturers to bridge metering gap,” Group to FG

“Encourage local manufacturers to bridge metering gap,” Group to FG

  The Electricity Meters Manufacturing Company Ltd. (MEMMCOL), has called on the Federal Government to increase its support and encouragement to indigenous meter manufacturers to bridge the nation’s metering gap. The Chairman, MEMMCOL, Kola Balogun, made the appeal at the graduation ceremony of 10 youths on a five-week Printed Circuit Board (PCB) training course in

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