Author: Ifetayo Adeniyi

NELFUND To Update System To Detect Dropouts In Record NELFUND To Update System To Detect Dropouts In Record. The Nigerian Education Loan Fund (NELFUND) says it is planning to update its system and students’ database to ascertain dropouts who still get its stipends. Its Executive Director of Operations, Mr Mustapha Iyal, said this at a news conference in Abuja on Monday. Iyal said, “What we’re aiming to do right now is to update our system. And part of the update that we’re doing presently is updating the students’ database. “This is because without the update, you don’t know who is…

Customs Set To Enhance Trade Activities Through Unveiling Of AEO Programme Customs Set To Enhance Trade Activities Through Unveiling Of AEO Programme In an effort to modernise trade facilitation, ease cost of doing business and enhance supply chain security, the Nigeria Customs Service (NCS), over the weekend in Lagos launched the Authorised Economic Operator (AEO) programme. The launch follows a successful pilot phase in April 2024 involving six companies. Speaking at the event, Comptroller General of Customs, Adewale Adeniyi announced that the AEO registration portal would open on February 17 for eligible companies. He highlighted the remarkable success of the…

Nigerian Breweries Beats N1trn Mark in Revenue, 2024FY Nigerian Breweries Beats N1trn Mark in Revenue, 2024FY Nigerian Breweries Plc, has released its audited group financial statements for the financial year 2024, recording an unprecedented and impressive revenue of N1.1 trillion. This represents a massive 81per cent increase on the N599.6 billion recorded in the corresponding period in 2023. A further breakdown of the audited results revealed a significant 51per cent growth in group gross profit from N212.6 billion in 2023 to N320 billion in 2024. The operating profit equally grew significantly by 59per cent from N44 billion to N70 billion…

FG To Tackle Issues Bothering On Local Manufacturers Senator John Owan Enoh FG To Tackle Issues Bothering On Local Manufacturers. The federal government has assured Nigerian industrialists that it would address the numerous challenges facing the industrial sector of the Nigerian economy in order to unleash the industrial revolution drive of the President Bola Ahmed Tinubu’s administration. This assurance was delivered by the Minister of State for Industry, Federal Ministry of Industry, Trade and Investment, Senator John Owan Enoh, during his tour of strategic industrial locations in the South-west. Some of the industries Enoh visited in Lagos State during…

Royal Iwere Foundation Partners Junior Achievement To Give Skills To Students On Entrepreneurship Royal Iwere Foundation has collaborated with Junior Achievement Africa and Nigeria to empower students drawn from different secondary schools in Warri South Local Government area of Delta state, in entrepreneurial skills program. Representatives of students from the selected secondary schools in Warri South Council area in a group photograph with Olori Atuwatse III and other dignitaries present yesterday. This programme which took place on Monday at the palace of His Royal Majesty, the Olu of Warri, Ogiame Atuwatse III, was well attended by dignitaries including the various…

Essien, Blue Economy Academy Officially Launched in Lagos, Highlights Several Importance Of Maritime Essien, Blue Economy Academy Officially Launched in Lagos, Highlights Several Importance Of Maritime • This newly established school listed ten buckets of prosperity which centres on Blue commerce, bounty, cities, capital, governance and justice, nexus, climate, talent , ventures and power. Foremost public speaker, Ubong Essien, has officially launched Blue Economy Academy aimed to educate and enlighten Nigerians on the potentials of maritime sector. The Academy which commenced learning activities recently, is positioned to eliminate sea blindness, with a view of creating awareness and engagement to the…

Dangote Restrategizes, ready for Expansion of Ethiopia Cement Plant with $400m Aliko Dangote Dangote restrategizes, ready for Expansion of Ethiopia Cement Plant with $400m. Aliko Dangote, Africa’s richest man, has announced a $400 million plan to revive a second production line at the Mugher cement plant in Ethiopia, aiming to double the facility’s annual capacity to 5 million tons. The Ethiopian plant that became operational in 2015 has faced challenges, including recurrent violence in the region, Bloomberg reported. This led to the vandalism of vehicles and machinery by protesters. The country manager of Dangote Cement Plc and two other staff…

Dangote Restrategizes, ready for Expansion of Ethiopia Cement Plant with $400m Dangote restrategizes, ready for Expansion of Ethiopia Cement Plant with $400m. Aliko Dangote has announced a $400 million plan to resuscitate a second production line at the Mugher cement plant in Ethiopia, aiming to double the facility’s annual capacity to 5 million tons. The Ethiopian plant that became operational in 2015 has faced challenges, including recurrent violence in the region, Bloomberg reported. This led to the vandalism of vehicles and machinery by protesters. The country manager of Dangote Cement Plc and two other staff were shot dead in…

2025 TAMPAN National Conference to hold in Lagos from Feb., 19th 2025 TAMPAN National Conference to hold in Lagos The Theatre Arts and Motion Pictures Practitioners Association of Nigeria (TAMPAN) Global, under the dynamic leadership of Otunba Bolaji Amusan, popularly known as Mr. Latin, has announced its highly anticipated 2025 National Conference. The four-day event, scheduled to take place from February 19-22, 2025, will showcase the vibrant cultural heritage and professional development of Nigeria’s film industry across multiple prestigious venues in Lagos. The conference will kick off on February 19 at the iconic LTV 8 Blue Roof, where members will…

President Tinubu, on launch of African Credit Rating Agency, has given his unwavering support President Tinubu President Tinubu, on launch of African Credit Rating Agency, has given his unwavering support • AfCRA provide fairer and more transparent credit assessments for African economies. • The establishment of the AFSM underscores the collective commitment of member states in addressing financial vulnerabilities and fostering economic resilience across the continent. President Tinubu commended the African Union (AU), the African Development Bank (AfDB), and the Specialised Technical Committee (STC) on Finance for their visionary leadership in advancing an African framework for financing development among member…