THE Bureau of Public Procurement (BPP) has began classification of contractors according to their capacity to execute government contracts, as a way of streamlining public procurement in the country with a view to improve efficiency.

LAGOS State Government has threatened to close down Oko Oba Abattoir and Lairage in Agege if unhygienic practices and non compliance with the relevant laws governing meat slaughtering continues even as it inaugurated a 17 man task force committee on the abattoir and animal market in the state with the aim of ensuring wholesome practices.

Promasidor Nigeria Limited, makers of Cowbell milk, said it has concluded plans to stretch to limit intakes in the National Secondary School Mathematics Competition (NASSMAC) to accommodate more students.

The N10 billion rights issue by Union Bank of Nigeria (UBN) Plc closes this Friday amidst expectations that the success of the Issue would herald a new period of stable growth for the first generation bank.

As companies begin the adoption, implementation and conversion to the International Financial Reporting Standards in the presentation of their financial statements, shareholders have been called upon to ensure that they understand critical elements of the standard and its impact on the activities of the various companies.

Citibank Nigeria has announced a capacity building and micro lending scheme for small holder farmers in Nigeria.
Managing Director/Chief Executive, Citibank Nigeria Mr. Emeka Emuwa announced the programmed during the Citi Micro-Entrepreneurship Awards ceremony.

THE Lagos Maritime Security zone of the Port Facility Security Officer Forum has concluded plans to hold a bomb detection training for port security officers following the recent security challenges in the country.

African countries are losing out on billions of dollars in potential trade earnings every year because of high trade barriers with neighbouring countries, says a new World Bank report.

Cargo throughput handled in the Nigerian Ports increased from 74,910,284 metric tones in 2010 to 82,763,384 metric tones in 2011 indicating a 10.5% increase while ship traffic also increased by 7.35 percent last year.

The Pharmaceuticals industry in the country currently contributes less than 5 percent to GDP (gross domestic product). In this interview, with Chioma Obinna, the President of the Pharmaceutical Society of Nigeria, PSN, Pharm. Azubuike Okwor, says despite the injection of N200 billion Pharmaceutical Development Fund by the Federal Government, Nigeria is but only a spectator in the 41 billion naira global biotechnology industry.

MORE opposition groups have kicked against the concessioning of the security of the nation’s coastal waters to a private firm by the Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA).

Nigerian Institute of Builders, NIB, has thrown its full weight behind the enforcement drive of the National Insurance Commission, NAICOM, on compulsory insurance for building under construction and builders Liability Insurance.