The Standard Organisation of Nigeria has said that it destroyed 10 million substandard tyres in six months.
In a statement, the Director General of SON, Mallam Farouk Salim, said this at a one-day sensitisation programme with tyre dealers at the Africa Tyre Village, Lagos International Trade Fair Complex, Lagos.
Speaking at the sensitisation programme tagged “Vehicle tyres, quality and…
The Federal Government, on Thursday, said the amount spent on subsidising Premium Motor Spirit, popularly called petrol, between 2005 and 2021 was N13tn, adding that the country lost N16.3tn to oil theft from 2009 to 2020.
It disclosed this in Abuja through the Nigeria…
withdraws picture, pledges it won’t happen again
The management of FrieslandCampina WAMCO Nigeria Plc, manufacturers of Peak Milk, has apologised to the Christian Association of Nigeria for using the crucifixion of Jesus Christ as a metaphor to promote their product on…
A real estate firm, Riel Homes, has gifted one Jennifer Efidi, who was attacked and injured during the 2023 presidential election in Lagos State a plot of land worth N2.2m.
The Lagos resident was assaulted while she was waiting to cast her vote at the Nuru/Oniwo Ward, Polling Unit 065, in Surulere on February 25.
Despite the attack, she did not give up on her right to vote and returned to the…
Stakeholders in the financial sector have canvassed the need to grow the insurance and pension sectors.
They spoke at the annual conference of BusinessToday Communication Limited in Lagos with the theme, ‘Consumer satisfaction in deepening penetration in insurance and…
FG bars online banks from accessing customer photos and contact information.
April 10, 2023
Loan apps on Play Store will lose their ability to access their users’ contacts or photos from May 31, 2023.
This came as the Federal Government said it would enforce the latest policy by Google, saying the action was consistent with the Nigerian authorities’ move to…
MTN Nigeria has announced the price for its shares per unit under the scrip dividend plan for interested shareholders.
In a corporate notice filed with the Nigerian Exchange Limited on Thursday, the firm said that reference share price would be N232.68, which was lower than its share value at the end of trading on Wednesday, which stood at N240 per unit.
MTN in March proposed a scrip dividend plan…
Curlla Luxury Salon has disclosed plans to launch its flagship location in the Lekki area of Lagos State.
It is set to be the ultimate expression of luxury created to provide a unique and unparalleled beauty experience, with a focus on personalisation, exclusivity, and…
Samsung in partnership with Rifugio Communications has opened a brand store at Lekki.
The firm also announced that the store will offer customers an opportunity to spread payment for products across 12 months.
The newly opened store is a one-stop shop for Samsung products…
Consumer goods company, BUA Foods, has said its 2022 full year revenue rose by 26 per cent to N418.3bn from N333.2bn in 2021.
It also reported a 31 per cent appreciation in its profit after tax for the financial year ended December 31, 2022 when compared to the previous year.
This was disclosed in the 2022 financial year results of the company filed with the Nigerian Exchange Limited on…