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38 mins ago
Reduction in the pump price of petroleum products in the country may remain a mirage despite the resumption of the long-awaited Port Harcourt Refinery as questions over the quality of the product and the emergence of competition between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL) dominate the market. After failing to come…
39 mins ago
ACTIVITIES of cyber criminals appear to be on the rise as hackers were able to steal about N53.4 billion from banks in nine months. FITC Fraud and Forgery reports for the first, second and third quarters of 2024 revealed this loss. According to FITC, while there was a minimal loss of N468.4 million in Q1,…
39 mins ago
Former President Olusegun Obasanjo, yesterday, said that some people want him to die. Obasanjo made this known during the commissioning of Old-Garage-Oke-Fia-Lameco Road by Osun State Governor, Ademola Adeleke. The former President, who dispelled the death speculation, wondered why anyone would want him dead, saying that anyone who thinks ill of him would not escape…
40 mins ago
Nigerians may not expect any relief until next year, Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said even as the Monetary Policy Committee raised the interest rate by another 0.25 per cent at the close of its meeting yesterday. Speaking at the end of the 298th meeting of its Monetary Policy…
1 hour ago
Experts have urged tax professionals on best practices in integrating artificial intelligence (AI) and emotional intelligence (EI) to achieve an effective tax administration. The experts spoke at the Chartered Institute of Taxation of Nigeria's (CITN) fourth Seminar on Information, Communication and Technology (ICT) and Taxation. Speaking on 'Balancing AI and EI in Tax', Certified EQ…
1 hour ago
A British lifestyle brand, Timothy Oulton, has entered Nigeria with a promise to redefine its luxury furniture and functional art market following the opening of its flagship gallery in Victoria Island, Lagos. The brand, known for its fusion of British heritage-inspired design, artisanal craftsmanship and bold modern aesthetics, promises to bring opulence and timeless sophistication…
1 hour ago
Wema Bank Plc has reaffirmed its commitment to combating fraud and protecting customers' financial interests. This was disclosed at a seminar hosted by Wema Bank to commemorate International Fraud Awareness Week 2024, themed ‘Share A Story, Stop A Scam’, which was held at the bank's head office in Lagos. The bank’s MD/CEO, Moruf Oseni, emphasised…
1 hour ago
Arla Foods, the farmer-owned dairy co-operative, in partnership with the Consulate General of Denmark, and the Financial Centres for Sustainability (FC4S), has hosted a high-level workshop that brought together key stakeholders from the dairy value chain—including government officials, farmers, nutrition experts, policymakers, and industry leaders—to discuss strategies for improving dairy nutrition, sustainability, and access. Titled…
1 hour ago
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has presented a nine-part draft National Policy document developed in collaboration with international partners, including the African Union Inter-African Bureau for Animal Resources (AU-IBAR), the Kingdom of Norway and WorldFish, for stakeholder review, input and validation. Speaking at the Technical Validation Workshop on the National Policy…
1 hour ago
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) said the latest National Bureau of Statistics (NBS) in output growth and labour market are false and do not reflect the realities. The bureau, on Monday, published the gross domestic product (GDP data for the third quarter, showing the economy expanded by 3.46…