Nigerian Breweries has said that the company will increase the prices of products as rising input cost threatens operations.InformationGuideNigeria In a memo to customers, the company stated that the price adjustments would take effect from August 10, 2023 but did not state which of its brand will be affected by the price increase. Read Other … Read more
The House of Representatives at plenary on Wednesday voted against a motion, seeking the stability of the foreign exchange rate. LEADERSHIP reports.Information Guide Nigeria The motion was sponsored by Hon. Beni Lar (PDP) who recalled that the Central Bank of Nigeria (CBN) had on June 14, announced the unification of all segments of the foreign … Read more
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 2,698 Bureau de Change (BDC) dealers. BUSINESS HALLMARK reports.Information Guide Nigeria This is the apex bank released a list of dealers it approved. In a list published by the apex bank, the total number of approved BDC dealers was reduced to 2,991. The … Read more
In today’s fast-paced business world, efficient document management is essential for smooth operations. Multifunctional photocopy machines have become indispensable tools in modern offices, combining the functionalities of printing, scanning, and photocopying into a single device. These versatile machines offer a myriad of features, making them a valuable asset for businesses of all sizes. In this … Read more
Vice President Kashim Shettima, says the federal government will ensure quick access to single-digit loans for micro, small, and medium enterprises (MSME) in Nigeria. THE CABLE reports.Information Guide Nigeria Shetimma spoke on Tuesday in a message to mark the 2023 World MSME Day. The Vice-President said MSMEs are the major channel for economic growth, hence … Read more
The Securities and Exchange Commission, SEC has claimed Binance Nigeria Limited, a subsidiary of Binance is not registered or regulated by SEC.Information Guide Nigeria ‘’Binance Nigeria Limited is neither registered nor regulated by the Commission and its operations in Nigeria are therefore illegal. Any member of the investing public dealing with the entity is doing … Read more
Wema Bank has announced the launch of its SME Business School 5.0., a programme designed for the development of small businesses in Nigeria. PAYPAYERS reports.Information Guide Nigeria Following this launch, the programme will focus on equipping SME owners that are based in Nigeria with the needed skills and set of knowledge for the development and … Read more
HH Captial, a special-purpose vehicle company owned by Nigerian billionaire investor Tony Elumelu, has acquired additional 70 million shares, estimated at N560 million, in the bank. Elumelu is the Board Chairman of UBA, a tier 1 Nigerian bank. LEGIT NEWS reports.Information Guide Nigeria According to sources, the disclosure was contained in a notice of share … Read more
Worried by hike in petroleum products, the Akwa Ibom State chapter of the Nigeria Labour Congress (NLC) is to set up taskforce of workers on Petroleum Products Monitoring. THIS DAY reports.Information Guide Nigeria The NLC Chairperson in Akwa Ibom, Comrade Sunny James revealed this in his May Day speech to workers in the state yesterday. … Read more
The Managing Director of Unilever Nigeria, Carl Raymond Cruz, has resigned from his post, the board of the company has revealed. RIPPLES NIGERIA reports.Information Guide Nigeria In a statement released on Tuesday, but dated April 21, Cruz will leave the managing director post on May 4, 2023, after the Annual General Meeting. Cruz became the … Read more