Unilever Nigeria closes OMO, LUX, Skin Cleansing Products, Lease Out Factory
UNILEVER Nigeria says it has stopped production and sale of home care and skin cleansing products — 10 months after the company announced plans to exit both markets. The company disclosed this in its unaudited interim financial statements for the…
Nigerian Engineers’ contributions to development enormous—Aiyedatiwa
Ondo State Governor, Hon Lucky Aiyedatiwa, at the weekend hailed the historic emergence of Engr. Margaret Aina Oguntala as the first female President of the Nigerian Society of Engineers, NSE. The Governor made the remark as the Guest Speaker at…
Finding Happiness: A life lesson from Femi Otedola
I want to remember your face so that when I meet you in heaven, I will be able to recognise you and thank you once again. When Nigerian billionaire Femi Otedola in a telephone interview, was asked by the radio…
Celebrating Star Maritime Journalist, Asu Beks @ 70
LR Dr Kingsley Kuku, Elder Asu Beks, Dr Bashir Jamoh, DG NIMASA and Dame Ebiere Asu Beks…weekend in Lagos during the celebration of Elder Asu Beks at 70
Customs FOU ‘C’ decorates promoted staff as 2023 seizures rise to N5bn
The Nigeria Customs Service, Federal Operations Unit, Zone “C” has decorated 46 promoted officers in the zone. The Zone also recorded seizures worth Five Billion, Three Hundred and Fifty-one Million, Eight Hundred and Twenty Six Thousand, Three Hundred and Ninety…
Isale Eko Descendants Union hails veteran actor Jide Kosoko at 70
The Isale Eko Descendants Union, IDU, has joyously extended warm wishes and congratulations to the iconic Nigerian actor, Prince Jide Kosoko, as he celebrates his remarkable 70th birthday. The union, in a statement signed by its Chairman, Adeniji Kazeem (SAN),…
JTB, Customs partner for Effective Tax Management
In a bid to enhance effective tax management in Nigeria, Mr. Olusegun Adesokan, the Secretary of the Joint Tax Board, paid a visit to the Comptroller General of Customs, Bashir Adewale Adeniyi, on January 16, 2023. The visit aimed at…
FG, France deepen Defence Synergy to fight terrorism
The Minister of Defence, Mohammed Badaru Abubakar CON, mni has said that the Federal Government under the leadership of President Bola Ahmed Tinubu GCFR would strengthen the defence cooperation with France to curb the menace of terrorism, banditry and other…
Chief Economists Outlook: More Economic Uncertainty on the Horizon
Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with headwinds from tight financial conditions, geopolitical rifts and rapid advances in generative artificial intelligence…
Nigeria’s inflation hits 28.92%
Nigeria’s headline inflation grew stronger by 72bps to 28.92% y/y in December (November: 28.20% y/y). Otherwise, on a month-on-month basis, headline inflation rose by 20bps to 2.29% (November: 2.09% m/m). Food inflation maintained its uptrend in December, rising by 109bps…
