FG Begins Digitisation of Conditional Cash Transfer in Lagos

BusinessMoneyFG Begins Digitisation of Conditional Cash Transfer in Lagos

PilotnewsJune 17, 2022

LAGOS — The Federal Government on Thursday began the digitisation of the Conditional Cash Transfer (CCT) process in Lagos, so as to enhance the programme. Mrs. Yetunde Arobieke, the Lagos State Commissioner for Wealth Creation and Employment, said the digitisation would make payment to beneficiaries easier. Arobieke spoke at the flag-off of the Distribution of ATM Cards and Activation of Personal Identification Numbers (PINs) to Lagos State Conditional Cash Transfer Beneficiaries. She said that digitisation...

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Soludo Orders Registration of Wheelbarrows, Others To Increase IGR In Anambra

BusinessTaxationSoludo Orders Registration of Wheelbarrows, Others To Increase IGR In Anambra

PilotnewsJune 17, 2022

By Handel Patrick (Staff Reporter) AWKA — In what could be described as a move to increase the Anambra State’s internally generated revenue, Governor Chukwuma Soludo has ordered all wheelbarrow pushers, tricyclists, and motorists operating in the State to register with the state government. Soludo also directed all private motor park owners in the state to revalidate/recertify their parks before June 28 or face prosecution when enforcement would expectedly commence. This was contained in a...

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FirstBank Gets $150m from Afreximbank to Support Businesses

BusinessMoneyNewsFirstBank Gets $150m from Afreximbank to Support Businesses

PilotnewsJune 14, 2022

African Export Import Bank (Afreximbank) has disbursed 150 million dollars to First Bank of Nigeria Ltd., under it’s Pandemic Trade Impact Mitigation Facility (PATIMFA). Group Head, Marketing and Corporate Communications, FirstBank, Mrs. Folake Ani-Mumuney, said this in a statement on Monday in Lagos. According to the statement, the President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, said the disbursement was further proof of the relevance of the programme in helping...

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Tecno Unveils Fireboy DML As Spark Ambassador

BusinessEntertainmentNewsTecno Unveils Fireboy DML As Spark Ambassador

By Ezinwanne Onwuka (Senior Reporter)June 9, 2022

Afrobeats award-winning artist, Adedamola Adefolahan, known professionally as Fireboy DML, has inked a new endorsement deal as the latest ambassador for Tecno Mobile. The smartphone brand unveiled the YBNL Nation artiste whose latest single, Playboy is currently making waves in the country as the brand ambassador for Spark, a Tecno smartphone model, on Wednesday. FIRE et SPARK  Welcome the one and only @Fireboydml to the #SPARK family – The SPARK AMBASSADOR Did you guess right? #SPARKxFireBoy...

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African Development Bank Secures Additional €3.5 million For The Abidjan- Lagos Highway Project

AfricaBusinessNewsNigeriaAfrican Development Bank Secures Additional €3.5 million For The Abidjan- Lagos Highway Project

Hassan Umar Shallpella (Regional Correspondent)June 4, 2022

Chief Transport Economist, African Development Bank (AfDB), Lydie Ehouman has said that the bank has been able to secure an agreement for additional €3.5 million for the Abidjan- Lagos highway project. The Economic Community of West African States, ECOWAS project is aimed at creating a corridor of road linking five countries in the region. The countries are Nigeria, Benin Repulic, Cote d’Ivore, Togo and Ghana. The road when completed is expected to benefit 40 million...

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Sabinus Sues Peak Milk N1bn, Gala N100m Over Unauthorised Trademark Use

BusinessNewsSabinus Sues Peak Milk N1bn, Gala N100m Over Unauthorised Trademark Use

By Ezinwanne Onwuka (Senior Reporter)May 31, 2022

Mr. Funny has issued a 14-day ultimatum to two popular food brands to pay him for using his intellectual property or face court actions. In an Instagram post last Tuesday, May 24, Friesland Food Wamco Nigerian PLC, producers of Peak Milk, had used the phrase ‘something hooge’ in an advertisement. Displeased with the advert, the skit maker, born Chukwuemeka Emmanuel, sued the popular brand, demanding N1 billion in compensation and damages, noting that the phrase...

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Rihanna Launches Skincare Brands In Nigeria, Ghana, Other African Countries

BeautyBusinessFashionNewsRihanna Launches Skincare Brands In Nigeria, Ghana, Other African Countries

By Ezinwanne Onwuka (Senior Reporter)May 29, 2022

Pop superstar, Rihanna launched her iconic beauty line, Fenty Beauty and Fenty Skincare brand in Nigeria and seven other African countries on Friday. The Barbadian singer, who recently welcomed her first child had earlier announced that her skincare products will launch in Africa on May 27, 2022. “I’ve been waiting for this moment!! @fentybeauty and @fentyskin are finally dropping in AFRICA!!! “Botswana, Ghana, Kenya, Namibia, Nigeria, South Africa, Zambia, Zimbabwe. We coming at you on...

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EFCC Arrests Advertisement Executive in Coal City, Pulls Down Advert

BusinessNewsEFCC Arrests Advertisement Executive in Coal City, Pulls Down Advert

Ije Ulasi (Regional Correspondent)May 23, 2022

ENUGU — Two billboards located at the popular Otigba and Ziks Avenue junctions in the Coal City, Enugu have been pulled down and the outdoor advertisement Executive was arrested for hosting the billboards. The controversial message on the board bearing the Economic and Financial Crimes Commission’s logo read “2023: Enugu PDP learn from 2007 election. EFCC is coming with koboko on corrupt candidates,” with a picture of a man wearing a jacket with the inscription...

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NNPC Weekly: High Expectations as Buhari Unveils New NNPC

BusinessNigeriaOil & GasNNPC Weekly: High Expectations as Buhari Unveils New NNPC

PilotnewsMay 23, 2022

By Edith Ike-Eboh and Emmanuel Afonne Activities for the week at the Nigerian National Petroleum Company Limited (NNPC Ltd), started with a cheering news that President Muhammadu Buhari will unveil the new NNPC on July 18. This was disclosed within the week by the Group Managing Director/Chief Executive Officer of NNPC, Malam Mele Kyari, at the opening ceremony of the 8th African Petroleum Congress and Exhibition (CAPE VIII) which held in Luanda, Angola. Kyari said...

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Airtel’s SmartCash to Revolutionise Financial Services – CEO

BusinessTelecommunicationAirtel’s SmartCash to Revolutionise Financial Services – CEO

PilotnewsMay 19, 2022

LAGOS — SmartCash Payment Service Bank Ltd., (SmartCash PSB) will revolutionise the financial services landscape as it becomes operational in the country, says Airtel Africa. Mr. Segun Ogunsanya, the Chief Executive Officer of Airtel Africa made this known in a statement made available to Nigerian Exchange Ltd. (NGX) on Thursday in Lagos. Ogunsanya said that the services would initially be available at selected retail touch-points, while the operations would be expanded gradually across the country...

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