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The Aliko Dangote Foundation (ADF) has commenced the implementation of its nutrition flagship program, tagged: Aliko Dangote Foundation Integrated Nutrition (ADFIN) program in Kano State. According to the ADF’s Director of Health and Nutrition, Dr. Francis Aminu, the program is in line with the plan to use the newly refurbished...
Star Quest, which debuted in 2002 was one of the pioneering music talent shows that graced television screens of Nigerians. It was sponsored by Nigerian Breweries Limited, makers of Star Larger Beer and one of the greatest spenders on entertainment in the country.  Launched with the primary aim of producing the...
African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that the success of Dangote Refinery project could incentivise the rise of similar projects...
President Muhammadu Buhari will next year (2022) impose new taxes and increased tariffs on Nigerians. This is according to Zainab Ahmed, the Minister of Finance. Speaking with stakeholders on the sidelines of the 2021 Finance Bill in Abuja, Ahmed hinted that the Buhari-led government is considering modest increases in taxes...
Dollar to naira lingering issue has attracted the attention of the World Bank, such that it counselled the Central Bank of Nigeria (CBN) on how to stabilise the foreign exchange (forex) market. In an interview with Punch, Shubham Chaudhuri, the Country Director for Nigeria, World Bank, said even though the...
Ooni of Ife, Oba Adeyeye Ogunwusi, has been mentioned in a fraud controversy on social media. The monarch was enmeshed in the controversy when a Twitter user tweeted that a real estate company owned by Ogunwusi, Grand Imperio Group, scammed him of N6.7 million. While responding to a Twitter debate where...
President Muhammadu Buhari has invited French investors to come and put their money to work in Nigeria, as he assured them of a safe business environment. During his keynote address in Paris, France, during the one-day Nigeria International Partnership Forum, Buhari, in spite of the alarming inflation rate and foreign...
Nigeria's telco giants MTN and Airtel have secured the nod from the Central Bank of Nigeria (CBN) to become financial technology (FinTech) firms. Confirming this development in separate statements seen by Unmask NG, MTN and Airtel disclosed that with CBN's Approval in Principle, they can now operate payment services in...
The Central Bank of Nigeria (CBN) has expressed serious opposition to a lawsuit before a Federal High Court in Lagos seeking the removal of Arabic inscriptions on naira notes. It all began when Malcolm Omirhobo, a Lagos-based lawyer, opined that the Arabic words portrayed Nigeria as an Islamic country, which...
Ecobank Nigeria Limited has warned Flour Mills of Nigeria Plc, against the proposed acquisition of equity stake in Honeywell Flour Mills Plc. According to the financial institution, purchasing an equity stake in Honeywell Flour Mills Plc is too risky considering the fact that Honeywell Group Limited, the parent firm, had...