Posts in Business
WHY GLAXOSMITHKLINE CONSUMER NIGERIA IS LEAVING
Posted on: 4th Aug. 2023 at 2:48PM GlaxoSmithKline Consumer Nigeria said it failed to retain the approval for the distribution of vaccines and medicines produced by GlaxoSmithKline UK Group. The firm was the sole distributor of drugs…
OLD NAIRA NOTES STILL LEGAL TENDER - CBN
Posted on: 14th Mar. 2023 at 10:23AM The Central Bank of Nigeria (CBN) on Monday said old N200, N500, N1,000 bank notes remain legal tender Till December 31, 2023. The apex bank’s Acting Director of Corporate Communications,…
SOCIAL MEDIA OUTAGE HIT FACEBOOK, WHATSAPP AND INSTAGRAM
Posted on: 4th Oct. 2021 at 10:57PM “Something went wrong. We’re working on it and we’ll get it fixed as soon as we can.” This was the message that greeted users when they visited the social media…
NATIONAL ASSEMBLY SET TO PASS PIB BEFORE THE END OF JUNE, SAYS LAWAN
Posted on: 7th Jun. 2021 at 10:21PM President of the Senate, Ahmed Lawan durung an opening session on Monday vowed that the Petroleum Industry Bill will be passed by the National Assembly before the end of June…
NIGERIA OUT OF RECESSION, RECORDS 0.11 GDP GROWTH - BY MARY ABAZUO
Posted on: 21st Feb. 2021 at 11:44PM The National Burea of Statistics (NBS) on Thursday disclosed that Nigeria's Gross Domestic Product for the fourth quarter of 2020 recorded a minute growth of 0.11 per cent. Nigeria's GDP…
HIT FM CEO OPENS FINESSE STUDIO IN CALABAR - BY MARY ABAZUO
Posted on: 15th Feb. 2021 at 3:55PM Ugbe Patrick, CEO of Hit FM as at Friday commissioned Finesse Studios, Calabar. The studio said to have had free shots for clients before it's official opening and presently offering…
BREAKING NEWS: WTO CONFIRMS NGOZI OKONJO-IWEALA AS DIRECTOR GENERAL
Posted on: 15th Feb. 2021 at 3:49PM Nigeria's former Finance Minister under the Goodluck Jonathan Administration Dr Ngozi Okonjo-Iweala has been officially confirmed as Director General (DG) of the World Trade Organization (WTO) today, Monday. This makes…
NCC ASKS ALL SIM CARDS TO BE LINKED TO NATIONAL IDENTIFICATION NUMBER
Posted on: 16th Dec. 2020 at 9:40AM Following the earlier directive on the suspension of new SIM registration by network operators, the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami convened an urgent…
FUEL PRICE NOW N151 IN NIGERIAN DEPOTS
Posted on: 3rd Sep. 2020 at 12:47PM The Federal Government of Nigeria has announced a new depot price for Petrol with effect from 2nd of September 2020. According to a memo sent by PPMC on behalf of…
SHOPRITE TO LEAVE NIGERIA SOON
Posted on: 3rd Aug. 2020 at 12:30PM Africa's biggest retail shop Shoprite has announced plans to withdraw their services from Nigeria. This was made known today during the company's operational update today Monday, August 3. Shoprite Holdings…
TINUBU'S DAUGHTER DENIES IMPOSING N1000 MONTHLY LEVY ON COMPUTER VILLAGE TRADERS
Posted on: 11th Jun. 2020 at 3:41PM The Iya Oloja General of Lagos, Folashade Tinubu-Ojo has denied the news that she had imposed a levy of N1000 on all the shop powers in the popular Computer Village. She…
OIL-RICH SAUDI ARABIA TO INCREASE VAT FROM 5% TO 15% FROM JULY 1
Posted on: 12th May. 2020 at 1:16PM As the effect of COVID-19 is hitting many world economies, Saudi Arabia, an oil-rich country is not spared due to global oil price which has nosedived. The Saudi government has…
CHINA BEGINS WORK ON 6G NETWORK
Posted on: 9th Apr. 2020 at 12:42AM As reported by DailyMail, "China has officially begun the research and development of 6G technology." This is coming barely a week after the launch of the 5G network which has…