archiveDecember 16, 2022

The Federation Account Allocation Committee (FAAC), at its meeting, shared a total sum of N902.053 billion to the three tiers of government for November 2022. Also, the country’s Excess Crude Account (ECA), as of December 15th, 2022, stood at $473,754.57. A breakdown of the amount received showed that the federal...

On Friday December 2, 2022, Nestlé Nigeria received two awards at the Lagos PR Industry Gala and Awards (LaPRIGA) 2022. These were for: Best in Corporate Social Responsibility and Excellence in Community Relations. We are doubly excited and inspired to continue to drive excellence in PR through our campaigns. Photd...

The Managing Director of Mouka, Mr Femi Fapohunda, has been honoured with the Director General/Chief Executive of Standards Organisation of Nigeria (SON) Special Recognition Award for Excellence. This award was in recognition of Fapohunda’s commitment to outstanding manufacturing practices and consistency in the quality of the company’s remarkable brands, which...

  BOT led by Sultan of Sokoto, with Olu of Warri, Gbong Gwon of Jos, others as members VP leads from front, never shies away from dealing with national issues--Sultan Hydra-headed challenges at national and global levels, such as poverty, inequality, global warming alongside a world that is increasingly defined...

Rite Foods Limited, leading manufacturer of refreshing carbonated soft drinks, fruit drinks, energy drinks and sausages have firmed up plans to thrill consumers with a refreshing and excitingly rejuvenating yuletide with its Rite Christmas Activation in Lagos. Rite Christmas Activation is scheduled to hold at Ikeja City Mall from Monday,...

Nigerian Exchange Limited held a Closing Gong Ceremony to commemorate the 30th anniversary of Red Star Express Plc on Thursday, 7 December 2022, just as it encouraged the company to extend its market engagement activities. The Divisional Head, Capital Markets, NGX, Mr Jude Chiemeka congratulated the firm on successfully weathering...

The Senate on Thursday confirmed Mrs Aishah Ahmad, Deputy Governor, Financial System Stability, Central Bank of Nigeria and Edward Adamu, Deputy Governor, Corporate Services, Central Bank of Nigeria for second and final terms in office. The confirmation of second terms came a few days after they were screened by the...

  At the U.S.-Africa Business Forum’s Deal Room, the White House’s Prosper Africa initiative announced today an ambitious set of multimillion-dollar investments to boost African exports and infrastructure and mobilize private investment to accelerate African innovation. Prosper Africa is the U.S. Government initiative to increase two-way trade and investment between...

Justice James Kolawole Omotosho of the Federal High Court, Maitama, Abuja, remanded Ali Bello, a nephew to Kogi State Governor, Yahaya Bello and one Dauda Sulaiman in prison pending the fulfilment of their bail conditions They were remanded upon arraignment alongside one Abdulsalami Hudu, Cahier of Kogi State House Administration...