The Centre for the Promotion of Private Enterprise (CPPE) has advised the Federal Competition and Consumer Protection Commission (FCCPC) to avoid controlling the prices of goods. On Thursday, FCCPC gave businesses a one-month ultimatum to reduce prices. Tunji Bello, executive vice-chairman and chief executive officer (CEO) of FCCPC, said businesses …
Read More »CBN sacks NIRSAL MD, directors
The Central Bank of Nigeria (CBN) has terminated the appointments of the board and executive directors of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). A source at CBN confirmed on Saturday. NIRSAL, a non-bank financial institution owned by CBN, was created to redefine, measure, re-price and share …
Read More »Save Nigeria from total collapse, Afenifere tells FG
Pan-Yoruba group, Afenifere, has expressed concern over what it described as the near collapse of the nation since the administration of President Bola Tinubu took over. Afenifere, in a communique by the Deputy Leader, Oladipo Olaitan and Deputy Secretary General, Alade Rotimi-John after the regular quarterly meeting held on August …
Read More »Banks recapitalisation will expand Nigeria’s GDP – CIBN
The Chartered Institute of Bankers of Nigeria (CIBN) held its 2024 second induction for 741 new members on Saturday in Lagos. The institute reassured Nigerians that the planned banks recapitalisation would boost the nation’s Gross Domestic Product (GDP). The President of CIBN, Prof. Pius Olarenwaju, during the hybrid induction and …
Read More »Banking stocks, Oando, others add N349bn to investors’ portfolios
Raz Hansir Oil doesn’t exist, Oando denies Malta links Equity investors gained a total of N349 billion week-on-week, as the Nigerian Exchange Ltd.(NGX) market capitalisation appreciated by 0.63 per cent to close the week. Specifically, the All-Share Index closed at 96,579.54 points, having opened at 95,973.45 points, while the market …
Read More »Ex-beauty queen declared wanted for drug offence surrenders to NDLEA
The National Drug Law Enforcement Agency has said a former beauty queen, Oluwadamilola Aderinoye, has turned herself in at its Lagos command. The agency accused the ex-beauty queen who was the Miss Commonwealth Nigeria Culture in 2015/2016 of hiding after she was declared wanted eight months ago. A statement on …
Read More »Edo poll: Okpebholo vows to revive juice factory, technical college
The candidate of the All Progressives Congress in the September 21 governorship election in Edo State, Monday Okpebholo, has promised to revive the Ehor Juice Factory established by the Lucky Igbinedion administration. Okpebholo stated this on Sunday at Ehor during the APC Ward to Ward campaign in Uhunmwode Local Government …
Read More »Bauchi PDP elects new executives
The Peoples Democratic Party in Bauchi State has elected new party executives. The party delegates in the state gathered at the Rilwanu Adamu Square, Bauchi Government House, on Saturday and conducted a congress that provided the new leadership. Following the exercise, Samaila Burga was elected as the chairman of the …
Read More »Rema donates N105m to Benin church that supported his family
Afrobeats sensation, Divine Ikubor, also known as Rema, donated N105m to a Christ Embassy church in Benin, Edo State, on Sunday. The donation was made during a Sunday service, where Rema thanked the church for its support and guidance. In a now-viral video, he said, “I’m not here to give …
Read More »Lagos shortlists 50 culinary stars for maiden Eko Flavours Competition
The Lagos State Government, through its Ministry of Agriculture and Food Systems, has selected 50 chefs and local food vendors from across the state to participate in the maiden edition of the Eko Flavours Competition. The Lagos State Commissioner for Agriculture and Food Systems, Ms. Abisola Olusanya, described the Eko …
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