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Business
NOA Advises Nigerians To Patronise Nigerian Goods
The National Orientation Agency (NOA) has advised Nigerians to patronise made in Nigeria goods to grow the economy and restore the nation’s pride.
Mrs Kaneng Pam-Hworo, the State Director of NOA in Plateau, gave the advice in a news…
Lafarge Africa Grows Net Income To N90.6bn In First Quarter
Lafarge Africa Plc has reported improved results for the first quarter ended March 31, 2022.
The company disclosed this in a statement made available to the Nigerian Exchange Ltd., on Thursday in Lagos.
The unaudited results…
Twitter Share Price Jumps 12% in Pre-Market As Elon Musk Announces 100% Buyout Interest $TWTR
The world's richest man, Elon Musk is trying to buy 100 percent of microblogging platform Twitter at $54.20 per share and take the company private.
In a tweet on Thursday, the Tesla CEO revealed details of a filing to the US Securities…
Telecom operators set to comply with bar on unlinked NIN-SIM calls
The Association of Licensed Telecommunication Operators of Nigeria (ALTON) on Tuesday says it members will comply with the Federal Government’s directive barring outgoing calls of subscribers who have yet to link their National…
Clara Wanjiku Odero, ex-Flutterwave employee, accuses CEO Olugbenga Agboola of bullying
A former Head of Implementation at Flutterwave, Clara Wanjiku Odero, has accused the company's co-founder and CEO, Olugbenga Agboola, of bullying.
In a Monday post on Medium titled "The Flutterwave CEO is bullying me and it ends today,"…
Elon Musk Becomes Largest Shareholder Of Twitter
The CEO of Tesla and SpaceX, Elon Musk now owns 9.2 per cent of Twitter after purchasing $2.89 billion in stock according to a filing spotted by Consumer News and Business Channel (CNBC).
How comedy skit makers, social media influencers acquire Lekki mansions, posh cars
A recently released World Bank report says no fewer than 4 out of 10 Nigerians are living below the poverty line. Since depression is known to be a travelling partner of poverty and as telecom service providers make cheaper data…
Parents Cancel Disney+ Over LGBTQ Content Targeted at Young Children
Parents are canceling their subscriptions to Disney’s streaming platform, Disney+.
MTN, Airtel, Glo, other telcos threaten tariff hike over high cost of doing business in Nigeria
Telecoms operators have threatened upward review of their tariff over rising cost of doing business and safety of telecommunications infrastructure in the country.
The Association of Licensed Telecommunication Operators of Nigeria…
Disney Executive Producer Admits to “Not-at-all-secret gay agenda” and Regularly Adding…
According to her statement during the Disney all-hands meeting about the Florida Parental Rights Bill, she was under no constraint when it came to including queer content.
She admitted to having a "not-so-secret gay agenda" and regularly…
Wema Bank to hold boot camp for young techpreneurs
Wema Bank says its third ‘pitch-athon’ Hackaholics by ALAT would empower young techpreneurs through a unique capacity building programme.
Mr Olusegun Adeniyi, Wema Bank Chief Digital Officer, in a statement, said the Hackaholics would…
Access Bank eyes top 5 position in Africa by 2027 – Wigwe
The Group Managing Director/ Chief Executive Officer, Access Bank Plc, Dr Herbert Wigwe, says the bank aims to become one of the top five in Africa by 2027.
Wigwe told journalists in Lagos on Tuesday that the bank, which had risen to the…
NYSC to Partner TStv for Smooth Take-off of its Internet Television
The National Youth Service Corps has indicated interest to collaborate with TStv, for the smooth take-off of its Internet Protocol Television.
FCCPC orders MultiChoice Nigeria to introduce additional features
The Federal Competition and Consumer Protection Commission (FCCPC) has ordered MultiChoice Nigeria (MCN) to introduce an additional feature that allows subscribers to increase the number of times they could suspend their subscription.…
BUA Cement reacts to fire incident at Sokoto facility
BUA Cement has described a fire incident at one of its factories in Sokoto State over the weekend as an “isolated” incident that occurred at a diesel storage tank farm situated in the vicinity of the facility.
This is contained in a…
Diesel hike: Manufacturers suffering dwindling production capacity utilisation – MAN
The Manufacturers Association of Nigeria (MAN) on Thursday said feedback from its members indicated that production capacity utilisation was going down due to the unsustainable cost of running daily production on diesel.
Mr Segun…
TEF, Google.Org partner to support 1 million African entrepreneurs
The Tony Elumelu Foundation (TEF) and Google on Wednesday announced an inaugural Google.org fellowship to provide one million additional Africans with access to TEFConnect.
Jen Carter, global head of technology at Google.org, said at the…
Financial Inclusion: CBN releases guidelines for Bank Neutral Cash Hubs operations
In a bid to ease huge cash management and deepen financial inclusion, the Central Bank of Nigeria (CBN) has released guidelines for the operation of the Bank Neutral Cash Hubs (BNCH).
According to a statement on its website, the CBN said…
FCCPC hits digital money lenders, orders them to stop operations
The Federal Competition and Consumer Protection Commission (FCCPC) has ordered digital money lenders that were subject of its regulatory intervention on March 11 to cease operating.
The FCCPC gave the directive in a statement signed by…
Airtel unveils self-care portal for business owners
Airtel Nigeria, a telecommunications company, has unveiled a new self-care portal to empower business owners on its network to gain total control of their service accounts.
Airtel Business Director, Ogo Ofomata, in a statement on Sunday…
Could the Nigerian Stock Exchange Be the New Home of Tech Startups?
With many tech startups across the globe proving to be massively successful, the decision-makers at the Nigerian Exchange Group (NXG) are looking for ways to encourage some of the most promising new companies to join their listings. What…
Why some Nigerian businesses fail – British company owner
Dr Alim Abubakre, a British – Nigerian and founder of United Kingdom firm, TEXEM UK, has attributed the collapse of critical Nigerian organisations like NEPA, NITEL, Nigeria Airways, and Dunlop to poor management strategies.
Abubakre…
Johnny Drille, Chike, others perform at Fidelity Bank’s Valentine concert
Customers and guests of Fidelity Bank were on Saturday night thrilled with great musical performances, fun games and prizes, for a Valentine’s Day treat, tagged ‘The Euphoria Concert’.
The event which was held in Oniru, Lagos and…
Nigerian Breweries declares N12.92bn dividend for 2021
Nigerian Breweries (NB) Plc has declared a total dividend of N12.92 billion for the financial year ended Dec. 31, 2021, against its N7.51 billion achieved in the corresponding period of 2020, an increase of 72. 03 per cent.
This is…
Nigerians decry threat, intimidation, cyberbullying by loan sharks
Some Nigerians have been complaining about improper activities of “loan sharks” who offer them unsolicited loan facilities only to start harassing them when there is delay in repayment.
Findings reveal that these loan sharks are mostly…
Lotus Bank emerges Ikorodu FC sponsor
A newly-licensed financial institution, Lotus Bank, has assumed sponsorship of Ikorodu Football Club (FC) as part of its corporate social responsibility.
Managing Director of Lotus Bank, Kafilat Araoye, announced the sponsorship at the…
#EndSARS: Over N11bn claims paid so far – Nigerian Insurers
Nigerian Insurers Association (NIA) on Tuesday said insurers had paid over N11billion as claims for losses suffered during the 2020 #Endsars protest.
Mr Ganiyu Musa, Chairman, NIA, disclosed this at a news briefing in Lagos.
“As at…
FirstBank Rewards Customers In Visa Gold Cashback Campaign
In furtherance of its appreciation of customers, whilst promoting the adoption of mobile payment solutions in the country, FirstBank is rewarding holders and customers of its branded Visa Gold card in its ongoing Visa Gold card.
The…
GTBank wants to ‘steal’ N285,000 from me – Twitter user raises alarm
A Twitter user, Michael Neuman has raised the alarm over his N285,683.64 allegedly stuck in Guaranty Trust Bank (GTBank).
Tweeting from @neumanmikky, the Twitter user said the transactions that led to the issue occurred on December 17,…
Directors tackle Obasanjo’s ex-aide, demand company’s bank statements, others
The boardroom crisis rocking Green Energy International Limited, an oil and gas company,which has as Chairman a former Special Adviser in the Olusegun Obasanjo administration, has taken a new twist.
Two aggrieved directors of the company…