The Nigerian Exchange Limited’s benchmark index crossed the 100,000 basis point mark, setting a new all-time high record on Wednesday. At the close of trading, the All-Share Index of the local bourse gained 2,954.14 points or 2.99 per cent to close at a new high of 101,571.11. The ASI closed […]
Author: Ayodeji Seriki
FIRS Targets N19.4trn Revenue
The Federal Inland Revenue Service surpassed its 2023 revenue target by N816bn, a 107 per cent performance over the set goal and has set a target to collect N19.4 turn in tax this year. The Coordinating Director of Special Tax Operations Group, Amina Ado, disclosed this at the 2024 management […]
W’Bank Projects 3.7% Growth for Nigerian Economy 2025
The World Bank has predicted that Nigerian Gross Domestic Product will grow by 3.7 per cent in 2025. The World Bank in its latest report titled “Global Economic Prospect: Subdued Growth, Multiple Challenges”, projected that the African largest economy will improve by 3.3 per cent up from a projected 2.9 […]
UAC PLC: Franchise Business on Trial
Like a pack of cards, the success story of the UAC brand, which, for over nine decades has bestridden Nigeria’s market landscapes like a colossus, is currently falling as a result of breach of contract between its leading subsidiaries -the UAC Restaurants, owner of Mr. Bigg’s and its array of […]
Nigeria’s Advertising Body Announces New Board Appointments
…As former APCON Chair, Ufot replaces Omojafor Abimbola Aluko The Association of Advertising Agencies of Nigeria (AAAN), has announced the appointment of Mr. Udeme Ufot (MFR) as Chairman Board of Trustees. Udeme, a former President of the association and erstwhile Chairman of the Advertising Practitioners Council of Nigeria (APCON) replaces […]
CES 2024: HP’s OMEN, HyperX Power Up Coolest Portfolio
At the just concluded CES 2024, HP Inc. (NYSE: HPQ) unveiled its most personalised gaming portfolio yet with innovations across its OMEN and HyperX brands. New laptops, accessories, and software are all designed to work together to create a seamless gaming ecosystem so gamers can focus on what they do […]