Dr. Tinuade Sanda of Eko Electricity Distribution Company (EKEDC) has not been dismissed but has instead been redeployed along with all other management staff, in accordance with a directive from the Nigerian Electricity Regulatory Commission (NERC). This directive, aimed at addressing the ghost worker issue within EKEDC, has led …
Read More »FAAN MD, Kuku, Reveals Why Contractor Abandoned Lagos Airport Runway
Managing Director of the Federal Aviation Authority of Nigeria, Olubunmi Oluwaseun Kuku, The Managing Director of the Federal Aviation Authority of Nigeria, Olubunmi Oluwaseun Kuku, has revealed how contractors awarded runway 18-Right at the Murtala Muhammed Airport, Lagos abandoned the project leading to closure for 11 months. The MD who …
Read More »Higher Interest Rate Looms As CBN Raises MPR Further To 24.75%
Dr. Olayemi Cardoso The Central Bank of Nigeria has further raised the Monetary Policy Rate to 24.75 per cent, a decision influenced by the rising inflation in Africa’s biggest economy. The apex bank took the hawkish stance on Tuesday at the 294th Meeting of the Monetary Policy Committee in Abuja. …
Read More »Actors Guild Debunks Death Of Zack Orji
Actor Zack Orji The President of the Actor’s Guild of Nigeria (AGN), Emeka Rollas, has debunked the purported death of veteran Nollywood actor, Zack Orji, describing it as baseless social media fabrications. The rumour of Orji’s death spread across social media platforms on Tuesday morning, prompting concern among fans of …
Read More »Navigating Uncertainty: The Enduring Value of Out-of-Home (OOH) Advertising in Challenging Times
By: Philip Odiakose In an era marked by economic volatility and shifting consumer behaviors, businesses are grappling with tough decisions regarding their advertising budgets. As a Media Analyst, I have witnessed firsthand the cyclical nature of economic downturns and their impact on marketing strategies. Amidst the uncertainty, one form of advertising …
Read More »FEC Approves N50bn For Nigerian Youths, N60bn For SMEs
President Bola Tinubu presides over FEC meeting The Federal Executive Council (FEC) meeting presided over by President Bola Tinubu has approved the immediate release of N50bn aimed at empowering Nigerian youths and N60bn for small and medium enterprises (SMEs). Addressing journalists after the FEC meeting on Monday in Abuja, the …
Read More »FG Demands NIN From N200bn Trade Grant Applicants
Minister of the Federal Ministry of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite The Federal Government has listed the submission of National Identification Numbers (NIN) as a requirement by manufacturers and businesses to obtain the Presidential Conditional Grant Scheme. The N200bn funding which would be disbursed in three phases by …
Read More »Why Nigerian artistses are thriving now – Davido
Davido Nigerian superstar David Adeleke, popularly known as Davido, has said the current crop of Nigerian artists are making waves globally because of the sacrifices of Afrobeats legends such as 2Baba, D’banj and P-Square. He stated that the next generation would enjoy even more because of the sacrifices of he …
Read More »CBN approves sales of $10,000 to BDC at N1,251/$1
CBN Governor Olayemi Cardoso, The Central Bank of Nigeria (CBN) has approved the sale of $10,000 to each Bureau De Change (BDC) at the rate of N1,251/$1. This is contained in a circular to the BDCs by the CBN. According to the circular, the CBN approved a second tranche of …
Read More »Copyright violation: NCC drags MTN, 4 others to court
Karl Toriola, MTN Nigeria CEO The Nigerian Copyright Commission (NCC), has filed criminal charges against telecommunications company MTN Nigeria and four others over alleged illegal dealing with the works of musician, Maleke Idowu Moye. The four defendants in the case with charge with Number FHC/ABJ/CR/111/2024 filed in the Federal High …
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