SPRITE, a refreshing brand from the stable of the leading total beverage company, Coca-Cola, has announced the launch of its new campaign, Sprite Limelight, which seeks to bring into realization, the purpose and aspiration of youths, supporting them at the apex of their heat period by cooling them down through …
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African Stock Exchanges’ Potential To Support Region’s Economic Development Mapped Out In New Focus Report
Oxford Business Groupand African Securities Exchanges Associationteam up for key study A new focus report, produced by Oxford Business Group (OBG) with the African Securities Exchanges Association (ASEA),explores efforts under way to integrate the region’s stock markets, which is gathering pace on the back of growing awareness among key players …
Read More »FIRS TO NIGERIANS; WE ARE NOT RECRUITING, BEWARE OF SCAM ARTISTS
On repeated occasions, the Federal Inland Revenue Service (FIRS) has cautioned the general public to be vigilant and circumspect not to deal with scam artists who pose as recruitment agents for the Service and collect vast sums of money from unsuspecting victims with the promise to provide them employment. Again, …
Read More »We Are Not Recruiting – Chevron
Chevron Nigeria Limited, the operator of the Nigeria National Petroleum Corporation Joint Venture, has warned members of the public to beware of a false recruitment circular making the rounds on social media. The company said it does not solicit job applications or initiate recruitment processes through emails, posters, handbills, text messages, …
Read More »CBN Should Abolish Official Exchange Rate – BDC Operators
The Association of Bureaux Des Change Operators of Nigeria has urged the Central Bank of Nigeria to float the naira to halt its further depreciation. The President of ABCON, Alhaji Aminu Gwadabe, made the appeal on Saturday in an interview with the News Agency of Nigeria in Lagos. Gwadabe said …
Read More »Emirates To Reduce Flights To Nigeria Over Unpaid $85m, Forex Scarcity
The Emirates has said it will reduce its weekly number of flights into Lagos, Nigeria from 11 to 7 due to unpaid $85million trapped in the country and unavailability of forex. Emirates said save for solutions to its challenges in Nigeria are found immediately, its decision will become effective on …
Read More »Taxes cushion oil revenue slump as FIRS grows collections as Taxes trumps Oil earnings
Although taxes now seem to be the main revenue source of the government, it would need even more attention to become the new oil as the amount generated from the source remains low relative to government spending For the first time in nearly half a century, non-oil revenue usurped petrodollars …
Read More »Flight Disruption: Calabar Airport Passenger Movement Drops 38% to 7,403
The flight disruption across the country due aviation fuel scarcity crisis seems to have gained momentum, as Margaret Ekpo Airport in Calabar, Cross River, recorded a decline in passengers’ movement by 4,481 in July, 2022. This is a 38 per cent decline when compared to 11,884 passengers’ movement recorded at …
Read More »White Dove: Altering The Dynamics Of Crude Oil Operations By Mitigating Theft & Enhancing Earning
THE threat of crude theft has remained one of the banes of Nigeria’s oil and gas sector, to the extent that experts suggest Nigeria’s economy would suffer as long as its key income source is consistently hampered. Gbenga Komolafe, the head of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), recently …
Read More »BREAKING: Senate Summons Emefiele As Dollar Hits N700
The Senate has summoned the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over the depreciation of naira. This followed a motion by Senator Olubunmi Adetunmbi (APC, Ekiti North) Naira currently trades between N690 and N700 per dollar at the parallel market. Contributing to the debate, Sani Musa, …
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