The Maritime Workers Union of Nigeria (MWUN) has issued a stern warning to the Council for the Regulation of Freight Forwarding (CRFFN), threatening to withdraw its services from ports and jetties if the council fails to pay its members...
Baobab Nigeria, a leading microfinance bank, has organized a one-day internship program for members of the National Youth Service Corps (NYSC) and students as part of its 2024 Customer Service Week celebration. The internship was open to customers of...
Coronation Group has reaffirmed its commitment to supporting initiatives that promote the appreciation of Africa's rich arts heritage. The company's Chief Marketing and Communications Officer, Ngozi Akinleye, emphasized the significance of art as an investment class, cultural asset, and...
The Association of Securities Dealing Houses of Nigeria (ASHON) is advocating for an increase in stockbroking fees and the reinstatement of margin trading. ASHON Chairman Sam Onukwue highlighted these demands during the association's annual general meeting. Onukwue noted that the...
The World Bank has forecasted that Nigeria, Angola, and Sierra Leone will likely maintain high interest rates for an extended period due to their persistent double-digit inflation and weakened domestic currencies. In its latest Africa’s Pulse report, the World Bank...
Nestle, the global food giant, has lowered its sales growth expectations for 2024 and announced a leadership reshuffle. The move comes as the company grapples with a decline in sales and a series of product scandals. Laurent Freixe, the newly...
A school from Kano State, Darun Noor by Intercontinental Schools, has clinched the title of National Company of the Year in a competition sponsored by FirstBank. The school outperformed 11 other schools from across Nigeria to claim the grand...
The Central Bank of Nigeria (CBN) has announced that commercial banks operating in the country have refunded a significant sum of N7.05 billion and $714,569.03 to their customers. This development is a result of the CBN's intervention and its...
The Manufacturers Association of Nigeria (MAN) has once again urged the Nigerian Electricity Regulatory Commission (NERC) to reconsider the recent electricity tariff increase, which has risen by approximately 250%. Segun Ajayi-Kadir, Director General of MAN, expressed concerns about the significant...
MTN Nigeria and other multinational businesses have appealed to the Federal Government to create a more conducive business environment by providing a level playing field. The companies expressed concerns about the challenges posed by high inflation rates and foreign exchange...