Severe inflationary pressures caused an intensification of the downturn in the Nigerian private sector at the start of the final quarter of the year. Overall input costs rose at one of the sharpest rates on record, with selling prices increased accordingly. This resulted in marked reductions in new orders and …
Read More »VeryDarkMan to appear in court today for wearing police uniform
Martins Otse, popularly known as VeryDarkMan or VDM, is scheduled to appear in court today over allegations of impersonation. The charges stem from a recent viral video in which VeryDarkMan was seen in Nigeria Police Force uniforms “without authorisation.” NPF had condemned VeryDarkMan, in the recently released video where he …
Read More »Reps pass bill mandating portfolios for ministerial nominees
The House of Representatives has advanced a bill to its second reading, aiming to mandate the inclusion of specific portfolios in the nomination lists for Ministers and Commissioners submitted by the President and State Governors. Leading the debate, Okechukwu Dibiagwu highlighted that attaching portfolios to nominees would allow lawmakers in …
Read More »Seven vessels to arrive with petrol, crude oil, others – NPA
The Nigerian Ports Authority said that seven ships would berth with crude oil on Friday at the Lagos ports. The NPA, in its “Daily Shipping Position’, said that seven vessels, out of the nine expected, would berth diesel, crude oils bulk urea, petrol and aviation fuel. “The remaining two vessels …
Read More »ZENITH BANK RECORDS REMARKABLE TRIPPLE-DIGIT GROWTH OF 118% IN GROSS EARNINGS AS PBT HITS N1.0 TRILLION IN Q3 2024
Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit growth of 118% from N1.33 trillion reported in Q3 2023 to N2.9 trillion in Q3 2024. This performance underscores the Group’s resilience and market leadership in spite of the challenging …
Read More »Dangote embarks on mega environmental restoration project, plants 10,000 Mangrove trees
To enhance its environmental sustainability initiatives in line with global best practices, Dangote Industries Limited (DIL), has embarked on a restoration project of planting 10,000 mangrove trees across coastal states in Nigeria. The project, in partnership with Eco-Restoration Foundation, kickstarted at Akodo-Ise, Ibeju-Lekki, Lagos, was aimed at minimising the global …
Read More »Dangote kicks off mega environmental restoration project, plants 10,000 Mangrove trees
To enhance its environmental sustainability initiatives in line with global best practices, Dangote Industries Limited (DIL), has embarked on a restoration project of planting 10,000 mangrove trees across coastal states in Nigeria. The project, in partnership with Eco-Restoration Foundation, kickstarted at Akodo-Ise, Ibeju-Lekki, Lagos, was aimed at minimising the global …
Read More »MAGGI Chicken Flavour Cubes with New Improved Taste and Double Cubes Unveiled at Creators’ Conference
MAGGI Chicken flavour seasoning cubes have been relaunched with a refreshing blend of spices including onion, turmeric and celery and a boosted Chicken flavour to delight even more Nigerian consumers. It is also now available in double-cubes for double the convenience which also translates into reduced packaging materials. This milestone …
Read More »FirstBank Joins Partnership for Carbon Accounting Financials, Reinforces its Commitment to Climate Action
Lagos- 30 Ocrober 2024, as part of its commitment to sustainable finance and taking active steps towards reducing its carbon footprint, FirstBank has joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development for the just transition. PCAF is a collaboration …
Read More »Olori Ivie Atuwatse III, Queen Consort of Warri, Awarded Freedom of the City of London, Joining Iconic Figures like Nelson Mandela, Princess Diana, and Winston Churchill
London, United Kingdom – 29/10/2024 – In an illustrious ceremony held at Guildhall, Olori Ivie Atuwatse III, a transformational female leader, philanthropist, and advocate for sustainable development across Africa, has been awarded the Freedom of the City of London. This is one of the United Kingdom’s most esteemed civic recognitions—a rare honour …
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