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FBN, Stanbic Emerge As Preferred Destination For Foreign Capital Into Nigeria
First Bank of Nigeria Plc (FBN), Stanbic IBTC Bank Plc and Citibank Nigeria Limited have emerged as the top destinations for foreign investment in Nigeria for 2023, according to the most recent capital importation report by the…
Nigerian Cinemas Record Nearly 50% Revenue Increase In January 2024
The Cinema Exhibitors Association of Nigeria (CEAN) has generated almost 50% more in revenue on a year-on-year basis which is a commendable financial performance to start the year.
The National President of CEAN, Opeyemi Ajayi…
Valentine Saga: Dating Apps, Tinder, Hinge Sued For Exploiting Users Addiction
Match Group, the parent company of dating applications, Tinder and Hinge, is facing legal actions for intentionally crafting addictive features to ensnare users in a continuous cycle of payments rather than delivering on promises…
CAC To Tackle Content Creators Who Fail To Register With The Commission
The Corporate Affairs Commission (CAC) has called on social media content creators with large followers to register their businesses with the commission following the Company and Allied Matters Act 2020.
This followed…
Brand Owners Reinforce Opposition Against NAFDAC’s Ban On Sachet Alcohol, Calls For Collaborative…
Brand owners under the umbrella of the Manufacturers Association of Nigeria (MAN) have reinforced the opposition against the recent ban imposed on sachets alcoholic drinks and PET bottles less then 200ml by the National Agency for…
World Leaders, Others Pay Tributes To Late Erudite Banker, Herbert Wigwe
Herbert Wigwe, MD CEO, Access Bank
French President, Emmanuel Macron; Nigeria’s President, Bola Ahmed Tinubu, and many other eminent persons have paid glowing tributes to an erudite banker, philanthropist, and visionary leader, Dr.…
Cashless Transactions In Nigeria Hit N611tn
The Nigeria Inter-Bank Settlement System (NIBSS) has announced that cashless transactions in the country has risen to N611.06tn in 2023. It said the payments grew by 54.55 per cent year-on-year from N395.38tn in 2022.
According…
FG To Sanction Online Banks Over Customers’ Rights Violation
The Federal Competition and Consumer Protection Commission has said it would sanction erring online banks for customer rights violations. This is due to the growing trend of violations of its Limited Interim Regulatory/Registration…
NAFDAC Bans Alcoholic Beverages In Satchets
The National Agency for Food and Drug Administration and Control (NAFDAC) has banned alcoholic beverages produced in sachets less than 200ml.
The agency said the five-year window given to the manufacturers of the products to…
FG To Unveil National Values Charter Soon, Says Malagi
The Minister of Information and National Orientation, Alhaji Mohammed Idris Malagi has said that the Federal Government of Nigeria will soon unveil the National Values Charter.
He said this in a message delivered by the Director…