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    Nigerian Communications Commission (NCC) has enlisted the support of Nigerian students in protecting the country's telecommunications infrastructure, warning that the increasing cases of vandalism, theft and destruction of critical network facilities pose serious threats to Nigeria's digital economy, educational development and economic competitiveness.
    Brands Law And Order News

    NCC Seeks Students’ Partnership to Safeguard Telecom Infrastructure, Deepen Nigeria’s Digital Economy

    ABUJA – The Nigerian Communications Commission (NCC) has enlisted the support of Nigerian students in protecting the country’s telecommunications infrastructure, warning that the increasing cases of vandalism, theft and destruction of critical network facilities pose serious threats to Nigeria’s digital…

    Posted on JAMES EZEMA
    Golden Penny Rewards Dealers at 2026 B2C Dealers and Sales Conference - Unveils new Golden Penny Penne 500g, expanding its premium pasta portfolio Golden Penny Foods, the iconic brand of Flour Mills of Nigeria (FMN), convened its nationwide dealer network in Lagos on 16 June 2026 for the brand’s annual Dealers Conference, an event that delivered on three fronts: celebrating dealer excellence, launching a new product, and laying out a sharp commercial agenda for the year ahead. Held at the Balmoral Hall, Ikeja, and themed Reset, Rebound, Win Big, the conference brought together leading dealers, key organisation’s spokes persons, management and leadership from across Nigeria for a day of strategy, recognition, and renewed partnership with the brand. The conference comes at a defining moment for Nigeria’s FMCG sector, shaped by shifting consumer demand, evolving distribution realities, and rising operating costs. Against this backdrop, Golden Penny used the occasion to position itself not merely as a brand that nurtures valuable relationships, but as one that grows with them. Speaking at the conference, Mr. Devlin Hainsworth, Managing Director of Golden Penny Foods Limited, described the significance of the event for the brand and its dealer network. “If you go the length and breadth of Nigeria, you will find a Golden Penny product in most households, but we could never have achieved that without our dealers. They work tirelessly every day to ensure our products reach wholesalers, retailers and ultimately Nigerian families. Many of these partnerships have spanned decades, making them far more than commercial relationships. Today’s conference is about recognising that contribution, strengthening those bonds, and preparing to win even bigger together in the year ahead.” Golden Penny’s leadership team also shared the company’s commercial priorities and growth agenda for the coming year, highlighting Golden Penny’s continued investment in dealer support programmes designed to strengthen route-to-market execution and improve product availability nationwide, Mr. Ademola Adeoye, Sales Director, B2C, Golden Penny Foods noted: “Over the years we’ve invested heavily behind supporting our distributors and getting to the last mile. We have almost 2,000 secondary sales points across Nigeria attached to our distributors. This year, we’re investing close to about N45 billion behind redistribution infrastructure for our dealers, helping them move products from warehouses to wholesale and retail channels to enable them run profitable businesses representing Flour Mills of Nigeria” A major highlight of the conference was the unveiling of the all-new Golden Penny Penne 500g, the latest addition to the brand’s premium pasta portfolio. Engineered with a unique ridge texture designed to hold more sauce, the new Penne delivers an explosion of rich flavour in every mouthful: whether tossed in a vibrant stir-fry, paired with a creamy weekday sauce, or simmered in a rich tomato base for special occasions. The product is positioned as an everyday companion for turning ordinary family meals into extraordinary moments of connection. Speaking on the launch, Mr. Ilyas Kazeem, Director of Marketing – Food, Golden Penny Foods, said the introduction of Penne reflects the brand’s commitment to continuously meeting evolving consumer preferences. “For over six decades, Golden Penny has remained committed to nourishing families and bringing happiness to Nigerians everyday through quality products. The launch of Golden Penny Penne reflects that promise. As consumer preferences continue to evolve, we remain focused on understanding their needs and bringing innovative, high-quality products to the market.” The conference also honoured dealers whose performance, loyalty, and resilience have continued to strengthen Golden Penny’s market presence across Nigeria. Winners received a combination of cash prizes, vehicles, and other incentives designed to support their continued growth and success. In the highly coveted National Core Category, Alh. Idris Saleh Nigeria Limited, represented by Alh. Idris Saleh, emerged as the overall winner, receiving a brand-new 2025 Toyota Hilux and a cash prize of ₦15 million. Fulcrum Golden Heritage, represented by Mrs. Adebayo Rukayat Oladunni, secured second place and was rewarded with a 2025 Toyota Hilux and ₦12 million, while Kay Jay Zenith Limited, represented by Hajia Khadijat Amoo, claimed third place, receiving a 2025 Toyota-Hilux and ₦10 million. The Rising Star Category, which recognises newer entrants to the dealer network who have demonstrated exceptional commercial momentum, was won by Opeyemi Baking Industry, represented by Alhaja Sanusi Modinat. Kay Jay Zenith Limited placed second, while Fulcrum Golden Heritage rounded out the top three. Speaking on behalf of the award recipients, Hajia Khadijat Amoo, Chief Executive Officer of Kay Jay Zenith Limited, described the recognition as a testament to the strength of the partnership between Golden Penny and its dealer network. “This recognition means a great deal to me, and I’m proud to be a key distributor with Flour Mills. Being here today is something everyone wants to participate in. It’s been a very good business, we’ve been with the number one food company in Nigeria and I’m proud to be a part of it.” The 2026 conference builds on Golden Penny’s tradition of dealer engagement and product innovation, following the successful unveiling of Yumbowl at the 2025 conference. It reaffirms the brand’s identity as one attuned to evolving consumer needs and nutritional trends across Nigeria. As one of Nigeria’s most endearing FMCG brands, Golden Penny continues to anchor its market presence in the trust, performance, and loyalty of its dealer network, a relationship it regards as foundational to its mission of nourishing Nigerian families with quality, accessible, and affordable food products. ### About Golden Penny Golden Penny is the iconic brand of Flour Mills of Nigeria (FMN), a leading food and agro-allied company in Nigeria. For generations, the Golden Penny brand has been a source of tasty, affordable, and superior-quality nutrition for Nigerian consumers. With a broad product portfolio spanning flour, pasta, noodles, spreads, ball foods, breakfast cereals, edible oils, and more, the brand supports millions of households with food options designed to satisfy their diverse nutritional needs and everyday cravings.
    Brands News

    Golden Penny Rewards Dealers at 2026 B2C Dealers and Sales Conference

    ***Unveils new Golden Penny Penne 500g, expanding its premium pasta portfolio Golden Penny Foods, the iconic brand of Flour Mills of Nigeria (FMN), convened its nationwide dealer network in Lagos on 16 June 2026 for the brand’s annual Dealers Conference,…

    Posted on ABUJA BUSINESS REPORTS
    Spirit Airlines Shuts Down After 34 Years
    Aviation Brands News

    Spirit Airlines Shuts Down After 34 Years, Sends Shockwaves Through Budget Travel Market

    Spirit Airlines, the once-iconic ultra-low-cost carrier known for its aggressive pricing and unconventional branding, has ceased operations after 34 years in business, marking a significant disruption in the global aviation industry. The Florida-based airline confirmed on Saturday that it had…

    Posted on ABUJA BUSINESS REPORTS
    United Bank for Africa (UBA) logo
    Brands Law And Order News

    Lagos Court Ruling Against UBA Raises Fresh Concerns Over Banking Compliance, Risk Exposure

    A recent judgment of the Lagos State High Court has triggered renewed scrutiny of compliance practices and risk management frameworks within Nigeria’s banking sector, following a decisive ruling against United Bank for Africa (UBA) Plc in a protracted loan dispute…

    Posted on ABUJA BUSINESS REPORTS
    Flour Mills of Nigeria (FMN), leading diversified pan-African food and agro-allied group, officially opens entries for the 5 th Edition of its annual Prize for Innovation (PFI 5.0).
    Brands News

    FMN Announces Fifth Edition of Prize for Innovation with Focus on Cassava Industrialization,Calls for Entries

    Flour Mills of Nigeria (FMN), leading diversified pan-African food and agro-allied group, officially opens entries for the 5 th Edition of its annual Prize for Innovation (PFI 5.0). Building on a five-year legacy of driving transformation across Nigeria’s agricultural value…

    Posted on JAMES EZEMA
    OAU, UNN, Other Fresh Graduates Win Big in Unity Bank Corpreneurship Challenge
    Brands News

    OAU, UNN, Other Fresh Graduates Win Big in Unity Bank Corpreneurship Challenge

    Unity Bank Plc has announced winners in the 27th edition of its flagship Entrepreneurship Development Initiative, also known as Corpreneurship Challenge, following the conclusion of Business Pitch at the Batch C, Stream 2 edition of the National Youth Service Corps…

    Posted on JAMES EZEMA
    CBN Recapitalisation Explained — Where Access, FCMB, and Others Fit
    Brands MDAs News

    Recapitalisation Explained — Where Access, FCMB, and Others Fit

    Nigeria’s banking sector is being reshaped by one of the most ambitious recapitalisation programmes in its history. If you bank, invest, or do business in Nigeria, understanding how this works and where each bank stands matters. In 2024, the Central…

    Posted on JAMES EZEMA
    The National Programme Manager of the Government Enterprise and Empowerment Programme (GEEP), Ibrahim Hamza Baba, has reaffirmed the Federal Government’s commitment to deepening collaboration with NIRSAL PLC to strengthen risk management and sustainability within the FarmerMoni ecosystem.
    Brands MDAs News

    GEEP National Programme Manager Visits NIRSAL PLC, Seeks Strategic Collaboration on FarmerMoni

    The National Programme Manager of the Government Enterprise and Empowerment Programme (GEEP), Ibrahim Hamza Baba, has reaffirmed the Federal Government’s commitment to deepening collaboration with NIRSAL PLC to strengthen risk management and sustainability within the FarmerMoni ecosystem. Baba made this…

    Posted on JAMES EZEMA
    The winners of Corpreneurship Challenge pose for a photo with Unity Bank teams in Lagos
    Brands News

    Unity Bank Disburses Over N270 Million to Corpreneurship Winners

    Unity Bank Plc has disbursed over N270 million in grants to young Nigerian entrepreneurs under its Youth Entrepreneurship Development Initiative: Corpreneurship Challenge, bringing the total number of beneficiaries since inception in 2019 to 608 corps members nationwide. The initiative, implemented…

    Posted on JAMES EZEMA
    The Managing Director of Atuspay and Chief Executive Officer of Atusbulk, Xpress-Esim, and Woskybet, Ismaila Yusuf
    Advocacy Birthdays & Events Brands News

    Christmas: Stay Calm, Trust Government — Yusuf Tells Nigerians

    As Nigerians prepare for the Christmas celebrations, Nigerian-American entrepreneur and financial expert, Mr. Ismaila Yusuf, has urged citizens to remain calm, trust the government, and uphold peace and lawful conduct, despite prevailing economic and social challenges. Yusuf, who is the…

    Posted on ABUJA BUSINESS REPORTS