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Nigeria’s Most Successful Economic Period Was Under Obasanjo

Former Governor Nasir El-Rufai of Kaduna State has said the second term of former President Olusegun Obasanjo yielded the most successful in terms of economic growth, job creation, and inflation rate in Nigeria. Obasanjo governed the country from 1999 to…

Tinubu Appoints New FIRS Chairman

President Bola Ahmed Tinubu has approved the appointment of Hon. Zacch Adedeji as the new Acting Executive Chairman of the Federal Inland Revenue Service (FIRS). Presidential spokesman, Ajuri Ngelale, announced this in a statement on Thursday. He said the president…

How To Edit Sent WhatsApp Messages

Do you know that WhatsApp now allows you to edit your sent WhatsApp messages or change emoji. Yes, you can edit any message up to 15 minutes after sending, and it’ll update for everyone in the chat. Edited messages will…

ITEK Teknologies Set To Launch Yomen Cloud

All is now set for the official launch of the world’s most-sophisticated, social networking in platform, Yomen Cloud. The global IT giant, ITEK TEKNOLOGIES, owners and operators of the new app, has stated that Yomen Cloud, which promises to be…

GlaxoSmithKline Manufacturer Of Panadol, Ribena, Lucozade, Macleans, Andrews Liver Salt, Others Ends Operations In Nigeria

After 51 years of operation in Nigeria, British pharmaceutical giant GlaxoSmithKline (GSK) has announced plans to end its prescription medicines and vaccines in the country. The multinational pharmaceutical company, initially known as Beecham at its incorporation, is well-known for products…

Nestlé Nigeria Releases H1 2023 Financial Results, Rakes-in N261.8bn

Nestlé Nigeria PLC has announced a revenue of N 261.8 billion in the first half of 2023, an 17.7% increase compared to its performance in the same period of 2022. Gross profit is N 107.3 billion, an 34% increase over…

Nigeria To Support Google To Create 1m Digital Jobs

The Federal Government of Nigeria is to support global tech giant, Google Incorporated, to create one million digital jobs in the country. This commitment was made by President Bola Tinubu in a statement signed by the his Special Adviser on…

Reps Propose Banning GSM Providers from Reselling Registered SIMs Cards

The House of Representative has proposed the prohibition of the resale of already purchased and registered Subscriber Identity Module (SIM) cards by Global System for Mobile Communications (GSM) providers in Nigeria. The motion was moved on Tuesday at the plenary…

Fitch Foresees Upgrade of Ecobank’s National Ratings As Exchange-rate Volatility Recedes

Fitch Ratings says it foresees an upgrade of ENG’s National Ratings which would result from strengthening its creditworthiness relative to other Nigerian issuers. According to the international rating agency, it expects to resolve the Rating Watch Negative (RWN) of ENG…

Stanbic IBTC Holdings Receives ‘AAA(nga)’ Rating Affirmation from Fitch Ratings

Stanbic IBTC Holdings PLC, a leading end-to-end financial institution in Nigeria, has received a significant affirmation of its creditworthiness as Fitch Ratings reaffirms its National Long-Term Ratings at ‘AAA(nga)’ with a Stable Outlook. The rating also extends to its subsidiary,…