During a signing ceremony at the Dutse Government House on Tuesday, Governor Umar Namadi announced a new partnership aimed at providing medium and small-scale businesses in Jigawa State with access to soft loans. The event, attended by key stakeholders and dignitaries, underscored the significance of this collaboration in the administration’s efforts to eradicate poverty, create…
By Ayomide Otitoju FirstBank’s 130-year journey is a corporate handbook, its fortunes providing lessons as profound as its challenges. The leadership and choices of leaders offer fascinating chapters, validating the notion that each era is shaped by its leaders. This holds true across the corporate environment, especially for Nigeria’s premier bank. With a diffused ownership…
By Ayomide Otitoju Speaking at a panel session on “Exportation of Local Capacity: Maximising Regional Opportunities” at the ongoing Nigerian Oil and Gas Conference in Abuja, Dr. Azudialu-Obiejesi emphasized the need for projects to be awarded to companies with proven capabilities in order to grow local capacity. He pointed out that while Nigeria possesses the…
In response to an outbreak of severe gastroenteritis causing cholera among 25 cases at Kirikiri Medium Security Prison, the Lagos State Commissioner for Health, Akin Abayomi, announced urgent intervention measures have been successfully implemented. “We were able to supply Kirikiri medium prison with intravenous fluids, infection prevention, and other health consumables. Additionally, the World Health…
NNPC Retail has responded to a video showing customers allegedly being coerced into purchasing lubricants before buying Premium Motor Spirit (PMS), commonly known as petrol. The attendant in the video claimed the directive came from NNPC Retail Management. In a statement issued by NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, the company has launched an…
The capital importation into Nigeria surged to $3,375 million in the first quarter of 2024, representing a 198% increase from the $1,132 million recorded in Q1 2023. According to the latest report, Portfolio Investment led the capital importation categories with $2,075 million, accounting for 61% of the total. Other Investments followed with $1,181 million, making…
The Lagos State Commissioner for Health, Prof. Akin Abayomi, has reported that 25 cases of severe gastroenteritis, confirmed to be caused by cholera, have been identified at Kirikiri Medium Security Prison. This announcement contradicts a previous statement made by the Nigerian Correctional Service (NCoS) on June 26, 2024, asserting that custodial centres nationwide were free…
The Nigeria Deposit Insurance Corporation (NDIC) has announced that account name discrepancies on alternate accounts linked to the Bank Verification Number (BVN) of some defunct Heritage Bank customers are causing delays in the payment of their insured deposits. Mr. Bello Hassan, Managing Director of NDIC, shared this update with the News Agency of Nigeria on…
Big Bull Rice is set to introduce a new holographic seal on its 25kg and 50kg packaging to ensure product authenticity and protect consumers. This move aims to provide a reliable means for verifying the authenticity of Big Bull Rice and identifying counterfeits in the market. In a recent statement, the company emphasized the significant…
