Author: Nationalmonitor

In a bold step towards empowering Nigeria’s small and medium enterprises (SMEs), Wema Bank has launched the Wema Export Trade Academy, a groundbreaking initiative designed to enhance the global trade capabilities of local businesses. This forward-thinking program demonstrates Wema Bank’s commitment to empowering Nigerian businesses and supporting their international growth potential. Navigating the complex landscape of export trade involves overcoming regulatory, financial, and logistical hurdles, which can often hinder small businesses from establishing a foothold, the Wema Export Trade Academy is designed as a solution to these challenges faced by Nigerian SMEs when entering international markets. The Academy specifically structured…

In the first nine months of 2024, Nestle Nigeria Plc recorded a pre-tax loss of N255.38 billion on the back of significant increase in finance cost.The company in the period saw its pre-tax losses rise by a whopping N198.73 billion when compared to the same period of 2023.This is according to Nestle Nigeria Plc unaudited financial statement for the nine months ending September 30, 2024, published on the NGX where pre-tax losses rose from N56.65 billion in 2023 to N255.38 billion in the current period.This marks an increase of 350% over the one year period.The company also saw its net…

THE establishment of the Progressive Institute (TPI) by the All Progressives Congress (APC) marks a significant milestone in Nigeria’s democratic journey. There is no doubt this institute has the potential to transform the country’s political landscape by bridging the gap between leaders and citizens in the country.One of the key objectives of The Progressive Institute TPI—as enunciated in its vision and mission statement—is to connect elected officials, appointed representatives, and the people they serve towards ensuring that governance is more inclusive and responsive.This gap between leaders and citizens is a significant challenge in Nigeria’s democracy, leading to disconnection and mistrust…

Suspended chairman of the Alimosho Local Government Area of Lagos State, Jelili Sulaimon, has pleaded with the state Assembly men for forgiveness, nearly a month after he was axed for non-compliance, defiance and unyielding attitude to the legislative House.In a ‘Letter of Apology’ personally signed by the embattled chairman, addressed to Speaker Mudashiru Obasa and read on the floor of the House on Tuesday, Jelili agreed that his actions may have caused disrespect to the House.While expressing regret, he promised to henceforth show maximum respect to the House and work closely with the legislators.The suspended chairman also informed the House,…

The Progressive Institute (TPI), was established by the ruling All Progressives Congress (APC), to be the official think tank of the party and an intellectual Resource Centre.Eminent Nigerians, from far and near, as well as members of the international community were all at the institute’s secretariat in Abuja, to give a seal to the unique initiativeEstablished as part of efforts by the APC under the leadership of Abdullahi Umar Ganduje, PhD, the National Chairman of the party to deepen and strengthen internal democracy, promote participatory development while enhancing the bond between the party and its cadres, TPI came as a…

– commends monarch’s commitment to public serviceThe Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has congratulated His Majesty, Oba Rilwan Akiolu of Lagos as he marks his 81st birthday on Tuesday.In a statement by his media office, Speaker Obasa, the Baa’sofin of Lagos, said at 81, the revered monarch remains committed to excellent community and public service with results that keep promoting the growth and progress of Lagos.Dr. Obasa extolled the Eleko’s virtues, said Oba Akiolu, Permanent Chairman of the Lagos State Council of Obas and Chiefs, has constantly brought his wisdom to bear in…

Olam Agri in Nigeria, an agribusiness in food, feed and fibre, has reaffirmed its commitment to keep unlocking value for consumers and strive for a food-secure nation. The agribusiness grain and wheat milling business, Crown Flour Mill (CFM) Limited relaunched one of its leading product brands, Supreme Semolina, on Friday, October 18, 2024.The relaunch event which took place at Radisson Blu, Lagos, showcased the products improved quality and unrivalled competitive edge. The event also served as an occasion to engage with and honour the companys trade partners. Supreme Semolina is a creamy coarse semolina made from wheat, enriched with micronutrients and…

… Senator Abiru Speaks On Passion For Youth Development At Dare To Dream Boot Camp and Tech Summit A renowned Innovation Lab in Nigeria, the SAIL Innovation Lab, on Monday partnered with the Lagos State University of Science and Technology, LASUSTECH, Ikorodu on tech training and development for its students, starting with students of College of Engineering and Technology. The SAIL Innovation Lab, located in Ikorodu area of Lagos State, is an initiative of the SAIL Empowerment Foundation, founded by *Senator Mukhail Adetokunbo Abiru, FCA*, and his wife, *Mrs. Feyisola Abiru*. It is a human Capital development project, that seeks to…

The transmission of four bills that aim to overhaul Nigeria’s tax system to the National Assembly two weeks ago by President Bola Tinubu has sparked debates in the polity about the purpose of the bills. Some have expressed fears that the bills may encapsulate proposals calling for a raise in tax rates in a way that will further burden the citizens. Some Nigerians have received the news with mixed feelings, while others have chosen to wait for details before commenting on the development.There is no basis to entertain any fear about these bills. If anything, Nigerians are going to commend…

The Lemon Friday Promo is Adron Homes and Properties’ most exciting and anticipated annual sales event! Every year, Adron Homes brings unbeatable deals and extraordinary benefits for people looking to invest in real estate. This year’s Lemon Friday Promo promises even bigger discounts, exclusive prizes, and unique opportunities to own land or property in premium locations. Here’s everything you need to know about the promo:1. Incredible Discounts on All PropertiesThe Adron Lemon Friday Promo offers massive discounts on all Adron properties, including residential estates, commercial plots, and investment land. For a limited time, customers can buy properties at a fraction…