For the first time in Nigeria, the country’s major revenue generation and collection agency, Federal Inland Revenue Service with the acronym “FIRS” broke the jinx and did wonders for the country. FIRS recorded N6.405 trn revenue in 2021 thus surpassing its target by more than 100 percent. What a great …
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Kano Federal High court sitting at Gyadi Gyadi has fixed 22nd February for ruling, on an interlocutory application on the case of patent rights filed by Coca Cola international against a local Nigerian beverage brand producer Pop Cola. The counsel to the plaintiff, Mark Mordi ,SAN addressing the court, on the interlocutory application , last Monday told the court that the issue before it for determination borders …
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This year Dangote will commission this nearly ready mill to produce 1.4 million bags of 50kg rice annually in Jigawa. Dangote will be the largest producer of rice in Africa with 6 upcoming mills in Kebbi,Sokoto,Zamfara,Kano and Niger to jointly produce 700,000MT of rice annually. OvieNews #GodBlessNigeria More
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The Buhari Media Organisation (BMO) has hailed the Federal inland Revenue Service (FIRS) for effectively using technology to improve its productivity and exceed its 2021 collection target of N6.04trn despite global economic challenges. BMO said in a statement signed by its Chairman, Niyi Akinsiju, and Secretary, Cassidy Madueke that it …
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Shoprite controls 22% of Nigeria’s formal retail, future to be driven by indigenous retailers Retail Supermarket Nigeria Limited (RSNL), owners of Shoprite in Nigeria, is set to reopen its Circle Mall Store, as it ceases operations at the Maryland Mall. The Circle Mall store which is located in Jakande, Lagos …
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Three Nigerians have just become millionaires courtesy of WAW detergent, one of Nigeria’s largest detergents. They emerged after being picked at the WAW millionaire’s draw from the maiden WAW Wash and Win Millions promotion. The draw was held over the weekend at the Ibadan office of the detergent maker, Expand …
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Nigeria’s Finest Cement Manufacturer, BUA Cement Plc, on Thursday, January 27th 2021, commissioned its new 3 million metric tonnes Sokoto Line 4 Cement Factory. The event witnessed the presence of Nigeria’s President, Muhammadu Buhari, the Governor of Sokoto State, Aminu Tambuwal, the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi and …
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Goldman Sachs Suddenly Issued A Surprise Crypto Price Warning After Huge Bitcoin, Ethereum, BNB, Solana, Cardano And XRP Crash Bitcoin and cryptocurrency prices have somewhat stabilized this week after a steep sell-off that wiped over $1 trillion from the combined crypto market, with ethereum, BNB, solana, cardano and XRP tanking …
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The Nigerian National Petroluem Company Ltd has secured a $5bn corporate finance commitment from the African Export Import Bank to fund major investments in Nigeria’s Upstream sector. The funding commitment is a fallout of the meeting between the Chairman of the Board of Directors and President of the African Export-Import …
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The government and people of Ghana are freaking out over the gigantic, world-class, game-changing Dangote Refinery roaring into life this year, and set to position Nigeria as the Number 1 industrial powerhouse of West Africa, and the foremost producer and exporter of refined crude oil, and the Number 1 manufacturer of petroleum …
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