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Apra Boss

APRA Commiserates with PR Society, Government, Citizens of Malawi Over VP, Others Death In Plane Crash

The African Public Relations Association (APRA) has expressed heartfelt condolences to the Public Relations Society of Malawi (PRSM, an institutional member of APRA), the government and citizens of the Republic of Malawi over the tragic plane crash that claimed the lives of the Vice President of Malawi, H.E. Dr. Saulos Chilima, and nine others on […]

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NASENI’s Commercial Products Are Market-Ready –Halilu, As House C’tte Lends Support

The Executive Vice Chairman/Chief Executive Officer, National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has assured the House of Representatives Committee on NASENI that the Agency’s branded commercial products that have been unveiled are market ready and SON certified. Mr. Halilu disclosed this on Thursday in Abuja when the House Committee […]

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Transcorp Hotels MD, Dupe Olusola, to Get Hospitality Leadership Award at AHIF

  At the Africa Hospitality Investment Forum (AHIF), scheduled place in Namibia in June, Alain Sebah, President, Golden Tulip Afrique Francophone & East Africa (GTAF), and Managing Director and CEO, Transcorp Hotels Plc Dupe Olusola, will both receive awards recognising their professional accomplishments. Alain will receive the Outstanding Contribution Award and Dupe the Leadership Award. […]

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Food

Bloomberg Predicts Nigeria May Suspend Import Duties on Food to Bring Down Inflation

Nigeria government is said to be considering suspending import duties on staple food, drugs and other essential items for six months to slow inflation in Africa’s most-populous nation, Bloomberg reported yesterday. The government may also waive levies on fertilisers, poultry feed, flour and grains, according to a document seen by the news medium that has […]

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Presidency Says Report of N5.4trn for Fuel Subsidy in 2024 ‘Fake News’; Urges Nigerians to Disregard ‘Leaked Documents on Fiscal Proposals’

*STATE HOUSE PRESS STATEMENT *LEAKED DOCUMENTS ON FISCAL POLICY PROPOSALS NOT OFFICIAL The attention of the Presidency has been drawn to two fiscal policy documents in circulation that are being given wide coverage by the mainstream media and social media platforms. One of the documents titled Inflation Reduction and Price Stability (Fiscal Policy Measure etc) […]

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Pdp

PDP Debunks Alliance, Says: We Are Not In Merger Talks With Any Party

The National Working Committee (NWC) of the Peoples Democratic Party (PDP) says it is not in merger or amalgamation talks with any political party or interest. The party’s National Publicity Secretary, Mr Debo Ologunagba, disclosed this in a statement issued after the party’s NWC 587th meeting in Abuja on Tuesday. Olugunagba said that while PDP […]

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Fidelity Bank Sets Out Plans to Raise N127.1bn Additional Capital

Fidelity Bank Plc said it has concluded plans to raise N127.1 billion by way of rights issue to existing shareholders and a public offer, which is a combined subscription. The bank said this in a statement made available to newsmen on Wednesday 5th June, 2024 in Lagos. It said that the combined offer was part […]

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Aminu Maida Evc And Ceo Of Ncc

NCC: Lending Digital Enablement to the Renewed Hope Agenda

In Nigeria, a young tech-savvy and upwardly mobile population is teeming, and exploring derivable benefits of digital technologies. They are propelled by rapidly expanding internet access and steady broadband penetration, currently about 43 per cent. Our digital economy is poised for significant growth, positively impacting various sectors and benefiting the nation through enhanced connectivity and […]

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Cbn

CBN Explains Why It revoked Heritage Bank’s Licence, As NDIC Commences Liquidation, To Pay Customers N5m Insured Deposit

The Central Bank of Nigeria (CBN) has cited failure of the board of directors of Heritage Bank to improve its financial performance as the reason for the revocation of the bank’s operating licence. Consequently, the Nigeria Deposit Insurance Corporation, NDIC, has also commenced liquidation process of the bank, assuring that it will pay the insured […]

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Dang Cement

Dangote keys Into FG Agenda, To Run All Cement Trucks on CNG By 2025

Amidst applause by shareholders for the impressive results in the 2023 financial year despite the harsh business operating environment, the Chairman of Dangote Cement Plc, Aliko Dangote has announced an increase of 50 per cent on dividend payout to the shareholders, from N20.00 per share paid in the 2022 financial year to N30.00 for the […]

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Tinubu Directs MDAs to Patronise NASENI Technologies and Products

President Bola Ahmed Tinubu has directed Federal Ministries, Departments and Agencies (MDAs) in the country to patronise technologies and products of the National Agency for Science and Engineering Infrastructure (NASENI) to support Made-in-Nigeria goods and reduce importation. The President represented by President of the Senate, Godswill Akpabio made the declaration while commissioning NASENI-Portland Compressed Natural […]

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Uba Africa

UBA Celebrates Africa Day in Style, Commits to Youths Empowerment for Leadership Roles

Africa’s Global bank, United Bank for Africa (UBA) Plc, joined the rest of the world on Friday, May 24, 2024, to mark this year’s edition of the Africa Day. The celebration which went on concurrently across all of its subsidiaries in Africa as well as in the United Kingdom, France, United States of America and […]

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