Ebi Valerie Akpeti is the Manager, Corporate Communications of Promasidor Nigeria Limited, producer of Cowbell, Loya Milk, Onga, Top Tea, among other products. In this interview with Global Village Extra, Akpeti explains how the company has been able to sustain its CSR over the years. She spoke with DAMILARE OKUNOLA. Cowbell Mathematics Competition seems like […]
In line with the Central Bank of Nigeria (CBN) divestment regulations as unveiled some years ago, there is likelihood that a new generation Heritage Bank will soon formally unveil a grand plan to synthesize its operation with Enterprise Bank. Heritage Bank Managing Director, Mr. Ifie Sekibo, in his speech at the Board Divestment Closure ceremony, […]
Lagos, Nigeria, January 21st 2015- United Capital Plc. has released its authoritative and eagerly anticipated Nigerian Economy and Financial Markets 2015 report. The report provides a detailed review of the Nigerian market in 2014 with projections for 2015, commencing with a Global perspective and review of key African markets. It discusses the outlook for different […]
The Federal Government has slashed the pump price for petroleum product from N97 to N87 per litre as a result in fall in crude oil price. Petroleum Minister, Allison Madueke Announced the slash in price on Sunday in Abuja at a news conference saying it was due to the drop in global crude oil prices. […]
The Federal Government has marked out 13 National Strategic Export Products meant to replace the petroleum products which prices have continued to tumble on the international markets, threatening the stability of the Nigerian economy, Minister of Trade and Investments, Mr Olusegun Aganga has disclosed. This is part of the spirited moves by the government towards […]
The Securities and Exchange Commission (SEC) on Sunday announced the exit of Ms Arunma Oteh as the commission’s Director-General. The commission made the disclosure in a statement issued by its management and made available to the News Agency of Nigeria (NAN) in Lagos. It said that Oteh would be remembered for her passion, purpose, articulation […]
Collins Amadi, Port Harcourt – The Nigerian oil giant – Shell Petroleum Development Company of Nigeria Limited (SPDC) has agreed to pay a £55 million (about N15.3billion) compensation to the Bodo community, Rivers State, South South Nigeria, over two oil spill incidents in the area in 2008. In a release Wednesday by its Spokesperson, Precious […]
Firstbank Partners Etisalat To Promote The Use Of STK Menu By Mobile Money Users On Firstmonie And Easywallet In recognition of continued efforts to drive financial inclusion, lead innovation in mobile payment systems and support the CBN cash-less policy, First Bank of Nigeria Limited and Etisalat Nigeria have partnered to make mobile payments more accessible […]
This is despite efforts by the Management of the Bank to cover up the Multi Billion naira fraud mortgage finances and deductions from Civil Servants and the frantic efforts by Kumo to retain his seat. Reports from Abuja have it that the ground is sinking around the entire management as recent payment ordered by the […]
The first set of the Dangote Cement bags, the 3x Premium, will hit the Cameroun market in January 2015, the management of the company has said. Conducting the Cameroonian media round the 1.5 million metric tonnes per annum capacity plant in Douala, the General Manager of the Plant, Engineer Baba Abdullahi said the plant was […]
Ayodele Afolabi, Abuja – The Federal Government has slashed the 2015 capital projects proposed expenditure by N581 billion. This is just as the 2015 budget estimates by the federal government was reduced further by N304 billion. The reason for this according to President Goodluck Jonathan is the continuous fall in international oil price, hence the […]
Ayodele Afolabi, Abuja – Worried by the activities of tax defaulters in the Federal Capital Territory (FCT), the Federal Inland Revenue Service (FIRS) on Thursday clamped down on ten companies in the FCT for failure to file tax returns and remit collected revenues to offset their outstanding tax liabilities. The companies in question owing the […]
The economic benefit of telecommunications is enormous, both as a growing industry in its own right and in terms of its influence on economic development. Telecommunications is making the world a smaller place and creating new information highways of high speed electronic data exchange. The economic implication of ICT are far-reaching; mobile telephones, satellite television […]
Johannesburg – MTN Group on Monday announced the launch of a mobile money cross-border remittance service between Ivory Coast and Benin, to further enable the cheaper and easy movement of money in the West Africa region. The Ivory Coast-Benin mobile money cross-border corridor follows the successful introduction of a similar service in April this year […]
London, England, November 27, 2014 — United Bank for Africa (UBA) Plc, one of Africa’s largest financial services institutions, swept the global banking awards in London Thursday, winning in five categories to become one of the highest single winning bank brands at this year’s awards. During the event, organized annually by The Banker magazine, UBA […]
Ayodele Afolabi, Abuja. The Central Bank of Nigeria has devalued the naira and increase interest rate for the first time in three years following the dwindling oil prices in the international market. The Apex Bank which made this known in Abuja on Tuesday said the rate was raised by 100 basis points to a record […]
Ayodele Afolabi, Abuja The Federal Inland Revenue Service (FIRS), in a week-long tax enforcement drive,has quizzed top officials of 15 companies operating in Kano metropolis for failing to file their tax returns, remit tax revenue and offset their outstanding tax liabilities. As statement signed by Emmanuel Obeta, Director, Communications and Liaison Department of FIRS in […]
Ayodele Afolabi, Abuja As a result of drastic fall of price of oil in the international market, which has dropped, from about $100 per barrel, President Goodluck Jonathan has proposed a drastic review of key parameters upon which the 2015 budgets estimates were to be based. Jonathan had in an earlier letter forwarded to the […]
Lagos; 17-11-2014; Women who chose Ruby, a female focused current account offered by pan-African bank, United Bank for Africa (UBA) Plc, will now enjoy more perks as the bank has expanded its list of exclusive partners offering special services to its female account holders. Ruby is a current account offered by UBA exclusively to its […]
From Ganiyu Nasirudeen Against the backdrop of backward trend of the crude oil prices in the global market, the Federal Government has announced resolve to address the issue with a view to shield the country’s economy from the imminent and attendant negative impacts. In line with this, Minister of Finance, Dr.Ngozi Okonjo-Iweala, hinted Sunday at […]
