By Eyo Nsima The Standards Organisation of Nigeria, SON, has concluded plans to present the ISO 9001: 2015 Certification to Techno Oil Limited at its Head office in Lagos today. The planned presentation followed the company’s continued compliance with best practices and international standards.
JUST IN: SON presents ISO 9001: 2015 Certification to Techno Oil Limited Read More »
The West African Power Pool (WAPP), is planning to create a Liquidity Enhancement Revolving Fund, LERF, for the ECOWAS Regional Electricity Market. Chairman, Executive Board of WAPP, Engr. Dr. Sule Ahmed Abdulaziz, stated this at the weekend, during the 54th meeting of the Executive Board Meeting held in Cotonou, Benin Republic. Engr. Abdulaziz said, “The
WAPP to create liquidity enhancement fund as chairman lauds financial transparency Read More »
By Eyo Nsima The Premium Bread-Makers Association of Nigeria, (PBAN) has commended the Lagos State Employability Trust Fund (LSETF), the United Nations Development Program (UNDP) and Bakery Initiatives Group, Nigeria (BIG) for their efforts, in imparting requisite baking skills on unemployed youths, thereby contributing in bridging the skills gap in the baking industry. General Secretary,
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The United States International Development Finance Corporation (DFC), Chief Executive Officer, CEO, Scott Nathan, have signed a commitment letter for $280 million in financing for Access Bank Plc in Nigeria alongside Access Bank Managing Director Roosevelt Ogbonna. The loan will help address the financing gap for small- and medium-sized enterprises (SMEs) and advance financial inclusion
The Lagos Chamber of Commerce and Industry (LCCI) has charged the 46 organizations newly inducted to cherish tradition of high ethical standards, innovation, continuous improvement, integrity, and good corporate governance in business practice. Dr Asiwaju Michael Olawale-Cole, President / Chairman of Council Lagos Chamber of Commerce and Industry, stated this during the induction ceremony of
LCCI inducts new members, harps on integrity Read More »
The Nigerian economy over the past six months was characterized by diverse economic vulnerabilities. These include the following: • Unprecedented surge in energy prices which had a very huge adverse effect on economic players across all sectors. • Unprecedented level of currency depreciation and currency volatility. • Increasingly weak fiscal space. • Acute foreign exchange
CENTRE FOR THE PROMOTION OF PRIVATE ENTERPRISE [CPPE] HALF YEAR ECONOMIC REVIEW Read More »
By Eyo Nsima Today, BAT unveiled glo™ hyper X2 in Tokyo, Japan, the latest innovation from glo™, BAT’s fast-growing global heated tobacco brand. The product’s innovative new ‘barrel styling’ design is shaped by consumer insights, offering new, innovative, user-friendly features. Building on the ground-breaking glo™ hyper+, which launched in 2020, hyper X2 incorporates advanced induction
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By Eyo Nsima FBN Holdings Plc, has explained its position on the Federal High Court granting an ex-parte order against it and some respondents over its 10th Annual General Meeting, AGM, adding that the meeting was validly held with all regulatory and statutory parties in attendance. In a statement sent to the Nigerian Exchange Limited,
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By Eyo Nsima The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, has increased the Monetary Policy Rate (MPR) – benchmark interest rate that guides all other rates in the money market – by another 100 basis points (bps) to 14 per cent from 13 per cent. The Committee had, at its
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Purple Real Estate Income limited (“PREIL”), Nigeria’s breakthrough real estate investment platform, today announced the signing of agreements with Genesis Cinemas, Market Square and The Ventures Park to be the anchor tenants and partners at the PurpleLekki, a new development scheduled to open in late 2022. The 38,000 square metre Purple Lekki will encompass a