Business Hilights

Tracking Nigeria's Headline Business News Online

National Lottery Regulatory Commission (NLRC)

Remit FG’s royalties before Dec 31st or face sanctions, NLRC tells lottery firms

Final warning was weekend handed down to all lottery operators in Nigeria to defray all debts owed to the Federal Government or face stiff sanctions which may include revocation of licenses, as well as arrests and prosecution on or before…

Fidelity Bank hits over 300,000 new customers from ongoing GIAM promo—Madiebo

As the ongoing ‘Get Alert in Millions Savings Promo (GAIM) Season 3’of Fidelity Bank hits next level, the Divisional Head, Retail Bank, Richard Madiebo, has revealed that the bank had registered over 300,000 new customers since the beginning of the…

NB Plc gives official position on NLRC cases, promos

Contrary to the earlier claims of the National Lottery Regulatory Commission (NLRC) that Nigerian Breweries Plc failed to regularise its promotional lotteries as required by law, the brewing giant has explained that no court order was shown by officials of…

NCC Media Lagos
ICT

NCC, NLRC new MoU on using stressed networks for lottery’ll collapse service—Expert

More objections have continued to trail Monday’s collaboration between the telecoms regulator, Nigerian Communications Commission (NCC) and the National Lottery Regulatory Commission (NLRC) for the use of telecommunications networks to conduct lotteries in the country. Though the understanding revised the…

372 win in PZ Wilmar’s ‘Mamador Kitchen Makeover’s first draw in Lagos

In keeping with its customer service drive and trade promotions for leading cooking oil in Nigeria, Mamador Vegetable oil, PZ Wilmar has conducted first of the three programmed draws for the ‘Mamador Kitchen Makeover’ promo in Lagos. The first draw…

Banking/Investments

FCMB sets record in products promo as Season 5 draws produce 644 winners

As the ongoing value chain customer support scheme of the leading retail banking giant, First City Monument Bank (FCMB), enters season 5, first draws of the “Millionaire Promo”, have produced four customers of the lender as millionaires to raise the…

Ghana orders age limit signposts at lotto, gaming points to discourage minors

To discourage under-aged children from gambling and gaming activities, the Ghanaian Ministry of the Interior has advised lotto and associated gaming operators to display sign posts in front of their business centres henceforth or be charged for child abuse. Besides,…

SMEs

Fidelity Bank turns Make-up artist N2n richer in ‘Get Alert in Millions’ promo

Fidelity Bank Plc, has presented a cheque of N2 million to Kafilat Olayinka Dada, who emerged star prizewinner in the monthly draw of the ongoing ‘Get Alert In Millions’ promo. Dada, who received the prize money at an elaborate prize…