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Nigerian Breweries Backs 2024 Calabar Carnival to Celebrate Nigeria’s Culture

By Ayomide Otitoju Nigerian Breweries Plc has reaffirmed its commitment to showcasing Nigeria’s cultural richness and fostering unity by sponsoring the 2024 Calabar Carnival and Festivals, a globally renowned celebration of art, music, dance, and diversity. Often referred to as Africa’s largest cultural festival, the Calabar Carnival attracts thousands of participants and visitors from around…

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Nigeria’s Broad Money Supply Hits ₦108.96tn, Driven by FG Borrowing

By Ayomide Otitoju Nigeria’s Broad Money Supply (M2) surged by 51% year-on-year (YoY) to N108.96 trillion in November 2024, driven primarily by increased domestic borrowing by the Federal Government from the private sector. This is according to the latest Money and Credit Statistics released by the Central Bank of Nigeria (CBN) on Monday. The figure…

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Governor Fubara Presents ₦1.1 Trillion 2025 Budget to Rivers Assembly

By Ayomide Otitoju Rivers State Governor Siminalayi Fubara has presented a ₦1.1 trillion budget proposal for the 2025 fiscal year to the Victor Oko-Jumbo-led Rivers State House of Assembly. The “Budget of Inclusive Growth and Development” was unveiled during a plenary session on Monday. Governor Fubara, accompanied by his cabinet and top officials, received a…

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Anxiety Grows Over Mele Kyari’s Tenure Expiry at NNPCL

By Ayomide Otitoju Growing anxiety surrounds the impending expiration of Mele Kyari’s tenure as Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), with speculation over potential leadership changes within the oil giant. Kyari, who turns 60 on January 8, 2025, may step down from his role, according to industry observers,…

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FCMB SheVentures Graduates 215 Women Entrepreneurs in 11th Cohort

By Ayomide Otitoju The FCMB SheVentures Mentoring Programme, in partnership with NECA’s Network of Entrepreneurial Women (NNEW), has successfully graduated 215 women entrepreneurs in its 11th cohort. A virtual graduation ceremony recently celebrated the completion of the six-week initiative, which aims to equip women with critical business skills, market access, and networking opportunities. Participants received…

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