The sugar-sweetened beverage (SSB) industry loves a good photograph. A group of people in bright shirts gather on a beach, collecting bottles into neat bags. The picture travels online, framed as proof of corporate care for the planet. In Nigeria,…
The Corporate Accountability and Public Participation Africa (CAPPA) has commended the Federal Government’s decision to develop a draft policy that will earmark revenues from excise taxes on alcohol, tobacco, and sugar-sweetened beverages (SSBs) for health financing. It described the initiative…
Sidi Ould Tah of Mauritania has been elected as the ninth President of the African Development Bank Group (AfDB), marking a new chapter for the continent’s premier financial institution. The announcement was made during the Bank’s Annual Meetings in Abidjan,…
By Royal Ibeh | Vivo has officially unveiled its latest flagship smartphone, the Vivo V40, boasting significant advancements in mobile portrait photography. CEO of vivo Nigeria, Mr. Toni liu, “With V40, we’ve focused on blending powerful mobile portrait photography, lasting…
Story Summary: Nigerian petroleum marketers are demanding transparency from Dangote Refinery regarding the price at which it sold petrol to the Nigerian National Petroleum Company Limited (NNPCL). NNPCL announced new petrol prices, with costs ranging from N950.22 per litre in…
Story Summary: Human rights lawyer, Femi Falana, SAN, has criticised the Nigerian National Petroleum Company Limited (NNPCL) for setting the price of petrol produced by the Dangote Refinery, stating that it violates Section 205 of the Petroleum Industry Act (PIA),…
Story Summary: Inflation Eases: Nigeria’s inflation rate fell to 32.15% in August 2024 from 33.40% in July, marking a 1.25% decrease in headline inflation. Food Inflation Declines: Food inflation dropped to 37.52% in August, down from 39.53% in July, showing…
Story Summary: Approximately 300 trucks from the Nigerian National Petroleum Company Limited (NNPC) have arrived at the Dangote Refinery in preparation for a major petrol loading scheduled for Sunday, September 15, 2024. NNPC spokesperson Olufemi Soneye confirmed the arrival of…
The Corporate Affairs Commission (CAC) has announced it will take severe measures, including shutting down Point of Sales (PoS) businesses that failed to register by the September 5 deadline. In a public notice released on Friday, the CAC highlighted the…
Story Summary: Dangote Group Denies Reports: The Dangote Group has refuted claims that the Nigerian National Petroleum Company Limited (NNPCL) has begun lifting fuel from its new refinery. False Report: Reports suggested that NNPCL was selling petrol from the Dangote…
