The Consumer Protection Council (CPC) said Mirinda and Lucozade soft drinks are unsafe for Nigerian consumers. The Council said both beverages contained benzoic acid level above the limit approved by the Nigerian Industrial Standard (NIS). The Council said in a statement issued yesterday in Abuja that while the NIS limit for benzoic acid is 250mg/Kg, […]
A tip-off by a whistle blower on Tuesday led to the discovery of a staggering sum of N4 billion in a new generation bank by the Economic and Financial Crimes Commission (EFCC). The money, according to the anti-graft agency, is suspected to be proceeds of crime. According to EFCC Head, Media & Publicity, Wilson Uwujaren, […]
Shell Nigeria Exploration and Production Company (SNEPCo) has facilitated the training of medical workers from hospitals in Anambra State on emergency resuscitation, delivering a critical component of its commitment to provide skilled and timely response to medical emergencies in the state. The training of the 70 staff on Basic Life Support and Advanced Cardiac Life […]
The Central Bank of Nigeria (CBN) on Wednesday released additional $250 million on 7 to 30-day forwards for agriculture, airline, petroleum products and raw materials. The Bank also called for bids for wholesale spot for $100 million for Basic/Personal Travelling Allowance, medicals and tuition fees. Confirming this in Abuja on Wednesday, the Acting Director, Corporate […]
Nigeria LNG Limited Managing Director and Chief Executive, Mr Tony Attah, has been appointed to the Board of the Nigerian Economic Summit Group (NESG). NESG is a leading private sector Think-Tank and Policy Advocacy Group committed to the development of a modern globally competitive Nigerian economy The group is the convener of the Nigerian Economic […]
Lagos State Governor, Mr. Akinwunmi Ambode, on Wednesday said that his administration took decisive steps, deployed workable strategies and judiciously utilised resources to cushion the effects of the economic recession witnessed across the nation in 2016. Governor Ambode, who spoke at Lagos House in Ikeja when he received the management team of Unilever Nigeria plc […]
One hundred aspiring entrepreneurs would commence today, Thursday, April 13, in Warri, Delta State a year-long training in entrepreneurship in the Youth Entrepreneurship Development Programme of the Centre for Values in Leadership (CVL). The 100 young people emerged from a pool of 726 candidates. Warri is the third of four cities where the Centre for […]
Fidelity Bank Plc grossed N152.0bn in earning for the financial year ended December 31, 2016 and is proposing to pay a dividend of 14 kobo per share to shareholders. The full year audited results for the top Nigerian lender, released at the Nigerian Stock Exchange (NSE) on Friday, show a 3.5% growth in gross earning, […]
In its avowed determination to ensure ample supply of foreign exchange liquidity in the market, the Central Bank of Nigeria (CBN) on Friday 7th April 2017 auctioned the sum of $418 million at the retail-SMIS at a marginal rate of N310 to a dollar (The airlines, agriculture, petroleum and raw materials/machineries sub sectors benefitted from […]
Vice-President Yemi Osinbajo says the Federal Government will continue to promote entrepreneurship development among youths in order to make them self-reliant. Osinbajo spoke on Sunday at an album launch which held at the Redeemed Christian Church of God (RCCG), Jesus Embassy Parish, Ibadan. The News Agency of Nigeria (NAN) reports that the album, “The Ambience,” […]