Nigeria govt places ban on satchets alcoholic drinks The National Agency for Food and Drug Administration and Control (NAFDAC) has placed a ban on alcoholic beverages packaged in sachets that are smaller than 200ml. The agency said the five-year window given to the manufacturers of the products to stop[Read More…]
Pan-Atlantic University Alumni Association Inaugurates New Executives to Drive Growth The Pan-Atlantic University Alumni Association (PAUAA) has inaugurated a new set of Executive members to drive the next phase of growth of the group, recognised as one of Nigeria’s most prestigious university post-graduation association. The new executives include[Read More…]
Darkness looms in Nigeria as National Grid collapses On Sunday around 12 pm Power generation on the national grid crashed to 59.9 megawatts which led to a nationwide collapse. Federal Ministry of Power in it’s released data showed that electricity generation on the grid plunged from 2,658.75MW at[Read More…]
National Council on Climate Change, Climate Action Africa Partner to Tackle Nigeria’s Climate Crisis The National Council on Climate Change (NCCC) and Climate Action Africa (CAA) have joined forces in a strategic partnership to address the pressing challenge of climate change in Nigeria. The partnership was solidified with the[Read More…]
NIA considers collaboration with motor vehicle administration agency The Nigerian Insurers Association (NIA), has said that the industry is partnering with the Lagos State Government to implement e-insurance to drive sales of third motor insurance using the Motor Vehicle Administration Agency (MVAA) platform of the state. The move according[Read More…]
Nigeria Stock exchange records 35.5% rise in January 2024 Nigerian Exchange Limited, NGX, recorded impressive gains in January 2024 as the All-Shares Index surged by 35.3 per cent, reaching 101,154.46 on Wednesday. According to available data, in the month under review, the NGX’s ASI increased to 101,154.46 from[Read More…]
First Bank announces appointment of Otedola as board chairman First Bank of Nigeria, FBN, has announced the appointment of Mr Olufemi Peter Otedola as its new Chairman of the Board of Directors. The appointment, according to a statement posted on social media by the company, takes effect on[Read More…]
LIRS extends deadline for filing annual tax returns The Lagos State Internal Revenue Service, LIRS, has extended the filing of employers’ annual tax returns by one week starting Monday, February 1. The move is in a view of the recent downtime experienced on the e-tax portal. Executive Chairman[Read More…]
NCRIB tells FG to reconsider Classification of NAICOM as Revenue Generating Agency The Nigerian Council of Registered Insurance Brokers has called on the Federal Government to reconsider its stand on the directive classifying the National Insurance Commission as revenue generating agency. Prince Babatunde Oguntade, the President of the[Read More…]
Ecobank SuperSavers Account Holders Get Up to Nine Percent Mouth Watering Interest Rate Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group has announced mouthwatering interest rates on its SuperSavers accounts. The bank in a release said, SuperSavers account is a high-yield savings account type tailored[Read More…]
