News Category - Business

HIGH DEATH RATE FROM NCD: EXPERTS EXPLORE MEDIA ROLE IN ENFORCING ‘SALT TARGET AND FRONT OF PACK WARNING’ ON PROCESSED FOODS

HIGH DEATH RATE FROM NCD: EXPERTS EXPLORE MEDIA ROLE IN ENFORCING ‘SALT TARGET AND FRONT OF PACK WARNING’ ON PROCESSED FOODS

People are consuming foods that are heavily processed, high in salt and sugar, and poorly labelled. In other words, illness is no longer just a consequence of poverty or other factors. Akinbode Oluwafemi, Executive Director, CAPPA.

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LAGOS STATE LAUNCHES 'PRODUCE FOR LAGOS' FOOD INITIATIVE, BACKED WITH N500B OFFTAKE FUND

LAGOS STATE LAUNCHES 'PRODUCE FOR LAGOS' FOOD INITIATIVE, BACKED WITH N500B OFFTAKE FUND

The Governor said that through the programme, food will be grown, jobs created, wastage reduced, and people will receive help to earn a living from agriculture.

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I'M VINDICATED, SAYS ONASANYA, AS COURT THROWS OUT LOAN CONTROVERSY CASE

I'M VINDICATED, SAYS ONASANYA, AS COURT THROWS OUT LOAN CONTROVERSY CASE

Justice Chukwujekwu Aneke of the Federal High Court, Lagos on Wednesday, July 23, 2025 struck out the case after the anti-graft agency, the Economic and Financial Crimes Commission, EFCC, withdrew the suit following an out-of-court settlement among the parties.

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NATIONAL SINGLE WINDOW PROJECT TAKES OFF Q1 2026 - PRESIDENT TINUBU

NATIONAL SINGLE WINDOW PROJECT TAKES OFF Q1 2026 - PRESIDENT TINUBU

President TINUBU handed out the directive through his Chief of Staff, FEMI GBAJABIAMILA, during the fifth meeting of the NSW Steering Committee at the State House in Abuja.

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NAGAFF FOUNDER RALLIES STAKEHOLDERS TO EMBRACE NIGERIA CUSTOMS SERVICE’ B’ODOGWU INNOVATION

He said that the Customs needed to be properly funded, especially that Nigeria is now in the eye of global customs administration, with the Comptroller General of Customs, BASHIR ADEWALE ADENIYI as Chairman of World Customs Organisation.

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NNPC DONATES 35 CNG BUSES TO PRESIDENTIAL INITIATIVE  ...Restates Commitment to Cleaner, Sustainable Fuel Alternative

NNPC DONATES 35 CNG BUSES TO PRESIDENTIAL INITIATIVE ...Restates Commitment to Cleaner, Sustainable Fuel Alternative

“I am proud that NNPC Ltd is playing a pivotal role in driving the Federal Government’s gas agenda towards energy transition,” the GCEO stated.

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COURT ADJOURNS N1.38BN FRAUD TRIAL OF FORMER P-SQUARE MANAGER, JUDE OKOYE

Jude Chigozie Okoye is the elder brother of the due of Paul and Peter Okoye, formerly known as P-Square on stage.

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MICROSOFT FOUNDER, BILL GATES, BAGS NIGERIA'S CFR NATIONAL AWARD

MICROSOFT FOUNDER, BILL GATES, BAGS NIGERIA'S CFR NATIONAL AWARD

The philanthropist arrived in Nigeria to discuss health and development initiatives.

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PETROL SUBSIDY FRAUD: LAGOS COURT JAILS 2 CONVICTS 14 YEARS EACH, ISSUES BENCH WARRANTS FOR 2 OTHERS

PETROL SUBSIDY FRAUD: LAGOS COURT JAILS 2 CONVICTS 14 YEARS EACH, ISSUES BENCH WARRANTS FOR 2 OTHERS

They were initially standing trial before Justice Adeniyi Onigbanjo of the Lagos State High Court sitting in Ikeja, Lagos. However, Justice Onigbanjo withdrew from the case, thereby prompting the re-assignment of the case to Justice Dada.

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ONITSHA DRUGS MARKET SAGA: OBI FAULTS NAFDAC OVER PROLONGED CLOSURE

ONITSHA DRUGS MARKET SAGA: OBI FAULTS NAFDAC OVER PROLONGED CLOSURE

The 2023 presidential candidate of the Labour Party said the level of insensitivity being displayed by NAFDAC is both disturbing and uncaring.

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U.S. SPEAKER PROGRAM FOSTERS COLLABORATION, INNOVATION AMONG NIGERIAN MEDIA LEADERS

U.S. SPEAKER PROGRAM FOSTERS COLLABORATION, INNOVATION AMONG NIGERIAN MEDIA LEADERS

U.S. Ambassador Richard M. Mills, Jr noted that for the media to remain truly independent, it must also be economically viable.

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REPORT: HOW CORPORATIONS HOOK NIGERIANS ON UNHEALTHY FOODS, INCREASE NCDs

REPORT: HOW CORPORATIONS HOOK NIGERIANS ON UNHEALTHY FOODS, INCREASE NCDs

Findings show that through aggressive marketing, cultural co-optation, celebrity endorsements, and deceptive labelling, corporations entrenched ultra-processed, high-sugar, and high-sodium products in Nigeria's food environment—targeting children, youth, low-income communities.

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ABIA GOVT SETS N120 BILLION IGR TARGET, LAUNCHES STATEWIDE DATA ENUMERATION

ABIA GOVT SETS N120 BILLION IGR TARGET, LAUNCHES STATEWIDE DATA ENUMERATION

This initiative, aimed at capturing detailed data on houses, businesses, and residents, is designed to boost revenue generation, ensure fairness in taxation, and improve access to social services across the state.

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FEC APPROVES NIGERIA FIRST POLICY TO BOOST LOCAL INDUSTRIES

FEC APPROVES NIGERIA FIRST POLICY TO BOOST LOCAL INDUSTRIES

The main thrust of the policy is that goods produced in Nigeria will henceforth receive deserved priority in federal government procurement.

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TRAVELLING TO UK: ALL YOU NEED TO KNOW ABOUT APPLYING FOR VISA

The UK remains a popular destination for travellers across Africa, with Nigeria in the top four nationalities by volume for UK visit visas, accounting for 6% of the global total*.

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ABIA STATE GOVERNMENT REVOKES LAND TITLE AND RECLAIMS ASSETS OF ENYIMBA AUTOMATED SHOE COMPANY (ENASCO)

ABIA STATE GOVERNMENT REVOKES LAND TITLE AND RECLAIMS ASSETS OF ENYIMBA AUTOMATED SHOE COMPANY (ENASCO)

Shareholding Discrepancies: The shareholding structure recorded at the Corporate Affairs Commission (CAC), as at November 2024 did not reflect ABSG as a shareholder or beneficial owner despite its significant contributions.

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SANWO-OLU TELLS HARVARD SCHOLARS LAGOS IS INVESTORS' DELIGHT

SANWO-OLU TELLS HARVARD SCHOLARS LAGOS IS INVESTORS' DELIGHT

Lagos State Commissioner of Information and Strategy, Gbenga Omotosho, said the Harvard outing was an opportunity for Governor Sanwo-Olu to share “Lagos’ bold vision and the tangible strides we are making in transportation, housing, innovation, and industrial growth."

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PRESIDENT TINUBU MOURNS THE PASSING OF BUSINESS ICON PASCAL DOZIE

PRESIDENT TINUBU MOURNS THE PASSING OF BUSINESS ICON PASCAL DOZIE

The President prays for the peaceful repose of Chief Dozie's soul and extends his condolences to his wife, children, and extended family. He calls upon the Nigerian private sector to honour Chief Dozie's memory by upholding the values of integrity, innovation, and nation-building.

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COURT REMANDS 2 WOMEN IN PRISON FOR HAWKING NAIRA NOTES IN LAGOS

COURT REMANDS 2 WOMEN IN PRISON FOR HAWKING NAIRA NOTES IN LAGOS

Folake Adeoti was arrested while hawking Naira notes to the tune of N3.850M, while Modupe Adewuyi was caught in similar act with the sum of N1.6M.

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PRESIDENT TINUBU APPOINTS AYO SOTINRIN AS MD BANK OF INDUSTRY

PRESIDENT TINUBU APPOINTS AYO SOTINRIN AS MD BANK OF INDUSTRY

The new MD of the Bank of Agriculture was the Group Chief Executive Officer of SAO Group, which is an agribusiness company.

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FG SIGNS $174M PARTNERSHIP AGREEMENT WITH UNIDO

FG SIGNS $174M PARTNERSHIP AGREEMENT WITH UNIDO

The Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, said the partnership with UNIDO is for a period of four years, from 2024 to 2028.

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NIGERIA, JAPAN LAUNCH YOUTH-FOCUSED VENTURE FUND

NIGERIA, JAPAN LAUNCH YOUTH-FOCUSED VENTURE FUND

The goal of the initiative is to channel Naira-dominated investments into high-growth startups, with a view to shield them from currency risks and unlock access to long-term concessional financing.

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NNPCL WELCOMES NEW BOARD, GROUP CHIEF EXECUTIVE OFFICER

NNPCL WELCOMES NEW BOARD, GROUP CHIEF EXECUTIVE OFFICER

"We also extend our profound appreciation to the outgoing GCEO, Mr. Mele Kyari, and the former Board Members for their selfless and dedicated service to the Company and to the nation."

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MELE KYARI SACKED, AS PRESIDENT TINUBU RECONSTITUTES BOARD OF NNPC LIMITED BOARD

MELE KYARI SACKED, AS PRESIDENT TINUBU RECONSTITUTES BOARD OF NNPC LIMITED BOARD

The new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman.

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U.S. SHOWCASES CALIFORNIA WINES, EXPANDS TRADE OPPORTUNITIES IN NIGERIA

U.S. SHOWCASES CALIFORNIA WINES, EXPANDS TRADE OPPORTUNITIES IN NIGERIA

The event brought together 18 California wineries with the Nigerian business community, with a view to strengthen agricultural trade ties between the two countries.

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EFCC INVESTIGATES CFA-7 MILLION SEIZED BY CUSTOMS AT IDIROKO BORDER, OGUN STATE

EFCC INVESTIGATES CFA-7 MILLION SEIZED BY CUSTOMS AT IDIROKO BORDER, OGUN STATE

The Customs’ Area Comptroller at the Idiroko Border Command said the foreign currency was being smuggled by a yet-to-be identified courier from Nigeria to Benin Republic, through the border, before it was intercepted.

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AFRIMA PARTNERS BRIDGEAFRIC, UNESCO FOR LAGOS GLOBAL MUSIC WORKSHOP

AFRIMA PARTNERS BRIDGEAFRIC, UNESCO FOR LAGOS GLOBAL MUSIC WORKSHOP

The event is scheduled to take place from Wednesday, March 26th to Saturday, 29th, 2025, and it aims to train young creatives, foster international collaborations, and further enhance the capabilities of creators and professionals within the value chain of music production and business.

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FG SIGNS LANDMARK AVIATION AGREEMENT WITH CANADA

FG SIGNS LANDMARK AVIATION AGREEMENT WITH CANADA

The BASA agreement is in the form of a code – share, which requires two or more airlines market and sell seats on flights operated by another airline.

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GOVERNOR ABIODUN VISITS OLUMO ROCK, PROMISES FACELIFT TO BOOST OGUN TOURISM POTENTIALS

GOVERNOR ABIODUN VISITS OLUMO ROCK, PROMISES FACELIFT TO BOOST OGUN TOURISM POTENTIALS

He said "Olumo Rock, being our foremost tourist attraction, will receive the necessary uplift to attact more visitors, adding that “If we are not intentional about restoring, maintaining, and protecting our heritage sites, they risk deterioration.”

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DANGOTE REFINERY SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA

DANGOTE REFINERY SUSPENDS SALES OF PETROLEUM PRODUCTS IN NAIRA

The company said its sales of petroleum products in Naira had so far exceeded the value of Naira-denominated crude oil received by the refinery.

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