Shongai Packaging Industry Limited has commissioned a state-of-the-art plastics re-cycling plant in Otta, Ogun State as part of its eco-friendly manufacturing process. The Shongai plant is capable of treating and converting 24 tonnes of waste plastics to re-usable materials per day.

A new optimism is permeating much of Africa. The past 10 years of unprecedented growth in sub-Saharan Africa has helped fuel this positive attitude even when most of the rest of the world faces global economic crisis. As more Africans move out of poverty and become middle-class consumers, they are increasingly in a position to drive investment, support entrepreneurship and improve education.

There will be no Christmas for thirty players of the Super Eagles expected to resume camping today in Abuja ahead of preparations for the 2013 Africa Cup of Nations qualifiers beginning early next year.

Underwriters that have been foot-dragging in sending statistics of their motor insurance business to the Nigerian Insurers Association, NIA, should stop further delay and speedily send the required information to NIA.

The lifting of interbank guarantee would heighten competition for deposits among banks in 2012, says Standard Chartered Bank.

Oppositions to the proposed removal of fuel subsidy by President Goodluck Jonathan, weekend, reached a frightening level as political parties, civil society groups and the organised labour unions formed an alliance against it.

If what Unilever Plc is planning to do with Royco, a seasoning from its shelf in the southern part of Nigeria is anything to go by, then, competition in the seasoning market will be stretched to an unbearable limit, even though Knorr from the same stable with Royco has been accorded strong position in the market by consumers and Maggi from Nestle Plc and Onga from Promasidor is doing their bit to retain their positions and market shares in their marketplace.

EDO State Governor, Comrade Adams Oshiomhole, weekend, in Benin said the future of the country depended on the quality of its human resources and not its natural resources.

Queues for petrol have returned to filling stations in Jos, the Plateau State capital, the News Agency of Nigeria (NAN) reports. The queues, which started on Monday, were as long as 500 metres in some stations in spite of assurance of adequate supply by the NNPC.

Speaker,Kwara State House of Assembly, Rt. Hon. Abdulrazaq Atunwa, has advised President Goodluck Jonathan to conduct a referendum among members of the State Houses of Assembly who are representatives of the people on the issue of the removal of subsidy on petroleum products to enable him get the true feelings of majority of Nigerians.

Amidst a flurry of protests and counter protests, traffic gridlock and outright disorder, the planned tolling of the Eti-Osa -Lekki Expressway, took off yesterday on a shaky note.

As the year 2011 comes to an end and the President is getting set to present the 2012 budget before the National Assembly, one of the most contentious aspects of the proposed appropriation bill is the Sovereign Wealth Fund, SWF.

The draft document on the administration of the Co-Prosperity Alliance Zone, COPAZ, made up of Nigeria, Togo, Benin Republic and Ghana, is to be reviewed by a body of law experts to make the new economic bloc within the ECOWAS sub-region more effective.

With few days to 2012, the year that the Central Bank of Nigeria intends to implement a cashless society, many question our readiness for this transformation. In the last decade, there has been a significant shift in the way business is conducted in many parts of the world.