Alcohol Consumers, Smokers To Pay More As Federal Govt Raises Excise Duty

Alcohol Consumers, Smokers To Pay More As Federal Govt Raises Excise Duty

President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from Monday, June 4, 2018 the Minister of Finance, Mrs. Kemi Adeosun, has said. In a statement in Abuja on Sunday,...
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Jim Ovia Pledges N250 Million To The Lagos State Security Trust Fund

Jim Ovia Pledges N250 Million To The Lagos State Security Trust Fund

The Founder/Chairman, Zenith Bank Plc, Mr. Jim Ovia, on Tuesday re-affirmed his support to the Lagos State Security Trust Fund by pledging an additional 150 percent of previous donations to the Trust Fund. He made the announcement on behalf of...
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State To Import 2,000 Pregnant Cows From Mexico

State To Import 2,000 Pregnant Cows From Mexico

As some states of the federation are strategising on how to contain the rampaging armed Fulani herdsmen over cattle ranching, the Akwa Ibom State Government has concluded arrangement to import 2,000 pregnant cows into the state. The cows now under...
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Zenith Bank Partners Facebook, Mastercard To Pioneer QR Payments On Messenger

Zenith Bank Partners Facebook, Mastercard To Pioneer QR Payments On Messenger

Foremost Nigerian Financial Institution, Zenith Bank Plc has confirmed that it is in a strategic partnership with Facebook and Twitter to launch a Masterpass QR bot for Facebook messenger, that will enable Nigerian businesses set up digital accounts and accept...
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Nigeria responsible for collapse of Thailand rice mills –Audu Ogbeh

Nigeria responsible for collapse of Thailand rice mills –Audu Ogbeh

The Minister of Agriculture and Rural Development, Mr Audu Ogbeh says Thailand has accused Nigeria of being responsible for the collapse of its seven rice mills following the drastic fall in rice importation from the country. The minister made this...
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NNPC, Kogi To Produce 84 Million Litres Of Bio-fuel

NNPC, Kogi To Produce 84 Million Litres Of Bio-fuel

The Nigerian National Petroleum Corporation (NNPC) and the Kogi State Government have executed a Memorandum of Understanding for the development of fuel-ethanol processing plant that would produce 84 million litres of bio-fuel per year. Speaking during the sig...
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Barclays Confirms Teleology As The Preferred Bidder Of 9mobile

Barclays Confirms Teleology As The Preferred Bidder Of 9mobile

Barclays Africa, the financial adviser handling the sale of 9mobile, Wednesday finally put to rest several media speculations about the actual sale of 9mobile.The financial adviser transmitted an official letter to Teleology Holdings Limited, confirming it as ...
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Firstbank Records N1trn Transactions Via USSD Platform

Firstbank Records N1trn Transactions Via USSD Platform

First Bank of Nigeria Limited said its 894 quick banking, a USSD-based mobile telephony channel that enables customers to access banking services using any type of phone and without data or internet recorded transactions worth N1 trillion done by 4.5...
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MTN Plans $500 Million Share Sale In Nigeria

MTN Plans $500 Million Share Sale In Nigeria

The MTN Group plans to raise about $500 million from the sale of shares in its Nigerian business during the first half of the year, fulfilling the terms of a deal struck with the West African nation to settle a...
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Why We Are Closing Our Nigeria Office – OLX

Why We Are Closing Our Nigeria Office – OLX

One of Africa’s leading online classified platforms, OLX, said the need to consolidate international operations of the company led to the decision to close its Nigeria office. This information was disclosed in a statement issued by the OLX Nigeria’s Public...
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