The Coca-Cola System in Nigeria, comprising Coca-Cola Nigeria Limited and its authorised bottler, Nigerian Bottling Company (NBC), has announced the commissioning of a Packaging Collection Hub in Apapa, Lagos. The facility, described by the company as a landmark initiative in ...
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Ex-Super Eagles Star Tijjani Babangida Partners MOP Stars FC To Export Talents To Europe
Former Super Eagles star, Tijjani Babangida, and MOP Stars FC Academy, have signed a Memorandum of Understanding (MoU) to develop and transfer young Nigerian football talents to clubs in the United Kingdom and other parts of Europe. The MoU, which ...
Read More »US-based Nigerian Unveils Research Group To Tackle Public Health Crises
A United States based Nigerian health communication expert, Ugochukwu Madu, on Friday launched the GloCal Health Communication (GHC) Research Group in a significant move to address global public health challenges. Madu at the launching which held in Iowa City, Iowa, ...
Read More »Tackle Inflation: World Bank, IMF Urge CBN
…As Rate Hits 34.8% The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain steadfast in controlling inflation. Nigeria’s inflation rate increased to 34.8 percent in December, up from 33.6 ...
Read More »Nigeria Seeks Higher Quota From OPEC
Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production quota as the country’s crude output recovers from years of decline. The chief executive of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, said the ...
Read More »Nigeria, Ghana, Two Others Secure $25bn Funding For Industrial Revolution
Four African countries, namely, Nigeria, Ghana, Côte d’Ivoire, and Senegal have recently secured landmark investments totaling about $25billion aimed at boosting industrial capabilities in these benefiting nations. To this end, Ghana has signed a $12 billion deal with the TCP-UIC ...
Read More »Nigeria, Global Leaders Target $29trn African Economy By 2050
Vice President Kashim Shettima has joined other world leaders to push for the full implementation of the African Continental Free Trade Area (AfCFTA) with a target to boost Africa’s economy to $29 trillion by 2050. He restated Nigeria’s readiness to spearhead the ...
Read More »Abandoned Projects: Julius Berger Apologises To Senate For Shunning Summons
Construction giant, Julius Berger Nigeria Plc, has tendered an apology to the Nigerian Senate for consistently failing to honour the lawmakers’ invitations to provide explanations regarding abandonment of projects in the country. Recall that last month, the Senate at the plenary ...
Read More »Interconnect Debt: NCC Approves MTN’s Disconnection Of Exchange Telecom
Nigerian Communications Commission (NCC) has approved the disconnection of Exchange Telecommunications Limited (Exchange) from MTN Nigeria Communications Limited (MTN) due to the non-payment of interconnect charges. NCC’s director of public affairs, Reuben Muoka, in a statement released on Friday, disclosed ...
Read More »Nigeria, China Renew N3.28trn Currency Swap Deal
Six years after the initial agreement to a currency swap deal, China’s central bank, People’s Bank of China has renewed its bilateral currency swap agreement with the Central Bank of Nigeria to the tune of N3.28 trillion naira or 15 ...
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