The Federal Government has described the estimated N10.3 trillion loss to national and global piracy in the creative industry as unacceptable. The Minister of Information and Culture, Alhaji Lai Mohammed made the statement in Abuja on Friday when a delegation from the Performing Musicians Employers Association of Nigeria (PMAN) made a presentation to him. Mohammed […]
Month: August 2016
NECA DG proffers solution to economic recession
As the nation grapples with economic recession, the Federal Government has been advised to engage in prudent spending in order to get the economy back to track. The advice was given by Segun Oshinowo, Director General of Nigeria Employers’ Consultative Association (NECA). Oshinowo who said this in a press statement made available to News Express averred […]
Airtel offer customers 90% off roaming rates, other discounts
Airtel Nigeria Communications is offering its customers up to 90% off roaming rates and other amazing discounts on its newly repackaged Roam & Home Bundle plan. The Roam & Home Bundle plan is specifically designed to make travelling more enjoyable and also empower telecoms consumers to stay connected with business associates, family and friends while abroad. According to […]
Etisalat, YuuZoo launch e-Commerce portal for SME sector
Telecommunications operator, Etisalat, in partnership with Singapore’s YuuZoo Corp, recently unveiled a bespoke e-commerce platform, SME Arena, to facilitate the growth of Small and Medium Enterprises (SMEs) in Nigeria. SME Arena which is developed and managed for Etisalat Nigeria by Singapore’s YuuZoo Corporation is a social and e-Commerce platform which allows small and medium-sized enterprises […]
350,000 people to petition Yum’s KFC to tighten antibiotic rules
More than 350,000 people will deliver a petition through Consumer groups to the KFC fried chicken chain on Wednesday, calling on the Yum Brands Inc unit to stop the routine use of antibiotics by the companies that supply its poultry. Several fast-food restaurants, which have been under fire for selling unhealthy meals, are assuming the […]
FG reforming Nigeria’s business and investment environment —Enelamah
The Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah, has said that Nigeria’s ongoing economic challenges offer an unprecedented opportunity to restructure and diversify the economy. Speaking on Tuesday on Channels Television’s Sunrise Programme, the minister said: “I believe that depending on what we do with this crisis we’re facing, it could actually be […]
Allianz partners SOS Children’s Villages focus on social inclusion
Allianz SE is partnering SOS Children’s Villages to provide opportunities for the needy. The organisations made the announcement recently. The initial three-year partnership will see Allianz companies across the globe lend their support to SOS Children’s Villages. Allianze global said in statement that, in addition to projects to provide children with individual support, it will […]
Diamond Bank, FCMB to raise fresh capital
Diamond Bank is considering raising fresh capital and selling some assets in order to maintain its capital ratios. The bank’s management says the capital plan will ensure it meets all regulatory requirements both in the short term and in the future. Diamond Bank’s capital adequacy ratio had fallen to 15.6 percent of assets by mid-year […]
The Voice Nigeria winner, Arese gets SUV, all-expense paid ticket to Abu Dhabi
The winner of the maiden edition of The Voice Nigeria, a music reality television show, Arese Emokpae, has been presented with an SUV valued at seven million Naira by Africa Magic. The presentation, followed a press conference at the Wheatbaker Hotel, Ikoyi, Lagos. In attendance includes officials of Airtel Nigeria and Coca Cola, respective lead and associate […]
Nigerian government moves to combat tax evasion, approves seaport for Badagry
The Federal Executive Council (FEC) has approved a Multilateral Competent Agreement to give the government a better grip on its tax laws to prevent tax evasion by multinational companies. Minister of Power, Works and Housing, Mr Babatunde Fashola, disclosed this to State House correspondents after the meeting presided by President Muhammadu Buhari on Wednesday in […]