April 2025 – Page 223

Business

CITN boss elected WAUTI president

02.04.2025

The President of the Chartered Institute of Taxation of Nigeria, Mr Samuel Agbeluyi, has been elected as the new President of the West African Union of Tax Institutes. Agbeluyi’s election was announced at WAUTI’s 11th Annual General Meeting held recently in Accra, Ghana. By this development, Agbeluyi will lead the regional tax body on a...

EcoFlow begins operations in Nigeria

02.04.2025

EcoFlow, a global leader in portable power and renewable energy solutions, has officially launched its operations in Nigeria, signalling a major step towards addressing the country’s ongoing energy challenges. The launch event took place recently in Lagos, attracting industry stakeholders, energy experts, and consumers eager to explore innovative solutions to Nigeria’s persistent power shortages. Speaking...

NECA hails NHIA chairman appointment

02.04.2025

The Nigeria Employers’ Consultative Association has applauded the Federal Government for appointing a substantive chairman for the National Health Insurance Authority, describing it as a step toward strengthening the institution’s governance structure. Speaking in Lagos on Tuesday, NECA’s Director-General, Adewale-Smatt Oyerinde, emphasised that the success of any public scheme depends on effective leadership. “The appointment...

Businesses urged to leverage experiential marketing for growth

02.04.2025

Businesses have been advised to harness the power of experiential marketing as a strategic tool to drive revenue growth and maintain a competitive edge in an increasingly dynamic marketplace. During the virtual launch of his book, PMX, the founder of Abelinis Nigeria Limited, Abiodun Oshinibosi, underscored the significance of integrating project management principles with experiential...

Delta Airlines marks 100th anniversary with flight museum reopening

02.04.2025

In celebration of its centennial, Delta Air Lines has concluded plans to reopen what it called a Delta Flight Museum on April 7. The US-based airline said the newly renovated museum showcases the airline’s rich history, emphasising its culture and commitment to its people-first values, ensuring that the stories of Delta’s first 100 years are...

Power users tackle Enugu Disco over poor services

02.04.2025

The South-East electricity consumers have tackled the Enugu Electricity Distribution Company over what they described as poor power supply and inefficiency in their service delivery across the region. The EEDC is responsible for the distribution of power across the five South-East states, including Anambra, Imo, Enugu, Abia, and Ebonyi states. The aggrieved consumers under the...

‘Financial institutions prime targets of rising cybercrimes’

02.04.2025

The organisers of the Banking, Financial Services, and Insurance Security Summit 2025 have said that financial institutions in Africa have become prime targets of rising cybercrime on the continent. This was disclosed in a statement on Monday in the lead-up to the annual summit in South Africa in May. Cybersecurity remains a top concern for...

NEITI pledges to review $6bn divestments by IOCs

02.04.2025

The Nigeria Extractive Industries Transparency Initiative has pledged to strengthen transparency in the oil and gas sector and review the recent divestments by international oil companies. The agency said the comprehensive examination will look at every step of the divestments involving 26 oil blocks worth $6.03bn by five IOCs. The NEITI Executive Secretary, Ogbonnaya Orji,...

Subscribers petition NCC, FCCPC over rapid data depletion

02.04.2025

Telecom subscribers are sending emails and direct messages to the Nigerian Communications Commission and the Federal Competition and Consumer Protection Commission, demanding an investigation into what they describe as unexplained data consumption. Operators insist that there is no mechanism for reducing customers’ data, arguing instead that rising consumption is due to user behaviour, particularly the...

FirstBank reaffirms commitment to customers on 131st anniversary

02.04.2025

FirstBank, one of Nigeria’s leading financial institutions, has reaffirmed its commitment to customers as it marks 131 years of service. In an email to its customers on Monday, the bank stated that it remains dedicated to empowering individuals, families, and businesses to achieve their financial goals. FirstBank highlighted its enduring legacy of trust, innovation, and...