Category Archives: Industries

Nigeria’s inflation rate hit 11.40% in May – NBS

Nigeria’s inflation rate hit 11.40% in May – NBS

With the rate at which prices of goods and services rise up for the second consecutive month, analysts are concerned over inflationary pressures creeping back

Nigeria’s phone production suffers as imported brands flood market

Nigeria’s phone production suffers as imported brands flood market

The ‘consuming’ nation status tag on Nigeria may linger for long; as the expression seems to have found a permanent abode in the mobile phone

‘How to improve market access through voluntary certification’

‘How to improve market access through voluntary certification’

To aid improved market access for exporters of processed foods, the Nigerian Export Promotion Council (NEPC), has commenced an awareness programme on Hazard Analysis Critical

Discos’ collections rise to N831bn in two years

Discos’ collections rise to N831bn in two years

Electricity consumers who are hooked on to the national grid paid N831 billion to the Distribution Companies (Discos) out of about N1.3 billion worth of

Pencom begins verification of prospective retirees

Pencom begins verification of prospective retirees

The Acting Director General of the National Pension Commission (Pencom), Mrs. Aisha Dahir-Umar, said the commission has finalised arrangement to commence the verification of prospective

Group faults Oando’s claim of unfair treatment

Group faults Oando’s claim of unfair treatment

The Consolidated Capital Market Stakeholders Forum (CCMSF), has taken a swipe at insinuations that the Securities and Exchange Commission (SEC), was unfair to Oando Plc

FG urged to provide tax waivers for start-ups

FG urged to provide tax waivers for start-ups

The President, UNIC Foundation, a non-government organisation (NGO), Dr. Christopher Imumolen, has advised the federal government to provide tax waiver for start-ups to ensure survival

Dangote Cement to attract $700 million as shareholders approve N272.6b dividend

Dangote Cement to attract $700 million as shareholders approve N272.6b dividend

Dangote Cement Plc has announced plans to attract $700 million in foreign exchange from the exportation of the product to boost Nigeria’s economy.The company also

We were not given fair hearing, Oando insists

We were not given fair hearing, Oando insists

Again, the embattled management of Oando Plc has accused the Securities and Exchange Commission (SEC), of not granting it fair hearing before dissolving its board

Airtel targets LSE, NSE For £3.6bn Africa operations

Airtel targets LSE, NSE For £3.6bn Africa operations

Airtel Africa has valued its telecommunication business operations in the continent between £3 billion and £3.6 billion as it prepares for full trading of its

Power supply under Buhari’s first four years

Power supply

Recently, President Muhammadu Buhari was sworn-in for another four years in office. In his first term, he made promises of improving grid electricity supply to

Ethiopian Airlines offers to partner Nigeria on National Carrier

Ethiopian Airlines offers to partner Nigeria on National Carrier

Ethiopian Airlines has expressed its preparedness to partner Nigeria on the federal government’s planned national carrier. The airline said a country with such huge passenger