IEA Cushions Global Oil Supply By 290 Million Barrels March -July
Dr Birol said that IEA countries still hold a substantial volume of emergency stocks in reserve, including over 1 billion barrels of government-controlled stocks.
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Mamuda Group Chairman’s Condolence Visit to VP Shettima
The Chairman and CEO of Mamuda Group, Mr. Hassan Hammoud, on condolences visit to Vice President Kashim Shettima, yesterday in Kano State. The VP lost his mother-in-law, Hajiya Maryam Albishir.
India Orders Pepsi, Red Bull To Remove ‘Energy Drink’ from Products Labels
India has ordered manufacturers of high-caffeine beverages marketed as “energy drinks” to stop using the description, warning that claims suggesting such beverages “vitalise body and mind” or “aid in general weakness” are misleading. The Food Safety and Standards Authority of India (FSSAI) issued notices earlier this month stating that there are no recognised Indian standards…
NB Plc Unveils New Lighter, Smoother Tiger Beer for younger consumers
Portfolio Manager for Premium Beer at Nigerian Breweries Plc, Maria Shadeko, said that the new Tiger Beer , now available in a lighter and smoother taste reflects the changing expectations of today’s consumers.
NASENI Unveils Made-in-Nigeria Products in Katsina
The National Agency for Science and Engineering Infrastructure (NASENI) has unveiled its different brands of made-in-Nigeria products in Katsina State as part of efforts to strengthen Nigeria’s industrial sector and reduce reliance on imports. The products, which include a Hilux vehicle, laptops, phones, batteries, smart TV, microwaves, water dispensers, hydraulic equipment, were unveiled at the…
Hazards of Smuggling Used Clothes- Comptroller Ugbagu
Comptroller Michael Ugbagu , the Federal Operations Unit, Zone ‘C’, of the Nigeria Customs Service, Owerri, urged the public to refrain from patronising second-hand clothing and support local manufacturers. Comptroller Ugbagu made the call during a press briefing at the command’s headquarters in Owerri, on Wednesday. He highlighted the dangers posed by smuggling used clothing,…
ECOWAS suspends single currency for political reasons
“We propose that Nigeria, along with Ghana, Liberia, Gambia, and Sierra Leone — the five English-speaking countries — could have one currency for now. “Then, the Francophone countries could have another currency. Over the years, these two currencies could potentially merge into a single currency”. This was disclosed by Edwin Melvin Snowe Junior, a prominent…
First Bank , General Hydrocarbons’ Stakeholders In Suspense of $225.8m Debt Resolutions
▪︎UGC image credit: Arise News TV SHAREHOLDERS, Customers, investors, and other stakeholders of First Bank of Nigeria (FBN) and that of General Hydrocarbons Ltd, are waiting for the outcome of a $225.8m loan disputes between the two companies. General Hydrocarbons Limited and First Bank of Nigeria Limited are currently at the Federal High Court in…
UBA Lending Business Owners N5bn BoI MSME fund at 9% Interest Rate
I urge eligible businesses to visit any UBA branch or the bank’s official website to begin their application process right away.
FG Setting up New Cotton and Textile Dev Board
The board, when set up, will be domiciled in the Presidency, private sector-driven, with the representation of the relevant public sector stakeholders, and funded from the Textile Import Levy being collected by the Nigeria Customs Service (NCS)