Business

Imports choke textile industry, rise to N1.1trn in two years

Imports choke textile industry, rise to N1.1trn in two years

Nigeria’s dependence on imported textile materials has almost tripled with importation surging by 181 per cent in two years to N1.08 trillion in 2025 from N377.47 billion in 2023, despite repeated efforts to revive the oncethriving local textile industry.
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Zain sponsors customers to Kenya

Zain sponsors customers to Kenya

Zain’s MTV Africa Music Awards SMS competition designed to reward loyal customers of the network; The winners of the 2009 edition of the MTV Africa Music Awards are Sanni Olujuwon Eniola, Uche Olodu, Attah Edwin Ogbo and Edward Ojobo.

Union Bank savings bonanza produces more winners

Union Bank savings bonanza produces more winners

Union Bank of Nigeria PLC’s Savings Bonanza has produced additional sets of winners of three brand new Toyota Corolla Cars and twenty (20) motocycles at its 2nd regional draw held in Port Harcourt, Rivers State recently, bringing the total winners of the star prizes to six and forty respectively.

NIPR election: Who assumes the mantle of leadership?

NIPR election: Who assumes the mantle of leadership?

AS the Nigeria Institute of Public Relations (NIPR) goes to the poll by November 2009 what should be uppermost in the minds of the electorate is to choose a candidate that has the interest of the institute at heart.

CSR : Rosabel aligns with DSAN

CSR : Rosabel aligns with DSAN

Rosabel Leo Burnett, Nigeria’s associate agency of Leo Burnett Worldwide (LBW) has for the second year running partnering with the Down Syndrome Association of Nigeria (DSAN), the country’s sole charitable Foundation catering for the plight of children and adults living with Down Syndrome.

ICCA charge government on prudence, inducts 8

ICCA charge government on prudence, inducts 8

The Institute of Company and Commercial Accountants (ICCA), as a result of the current economic meltdown has advised government to be more prudent with issues concerning finance, as it inducts 8 persons.

Indomie Promo:  13 new millionaires emerge, rewarded

Indomie Promo: 13 new millionaires emerge, rewarded

Dufil Prima Foods Plc, makers of Indomie instant noodles said thirteen new lucky winners in its ongoing “Indomie Instant Millionaire” promo. The thirteen new millionaires were presented to the public at a separate ceremony held at various Indomie regional offices across the country.
Apart from the winners of N1million, other prizes such as microwave oven, carpets, DVD player, air conditioner, rice cooker where also won.

Smirnoff  Ice stakes parties in 3 cities

Smirnoff Ice stakes parties in 3 cities

Smirnoff Ice, a brand from the stable of Guinness Nigeria Plc is set to thrill consumers with a party tagged “Destination Ice: The Smirnoff Voyage.”

Bladeless fan enters European market

Bladeless fan enters European market

With agency report Inventor James Dyson has launched a bladeless fan which he hopes will be a healthy and environmentally_friendly alternative to air conditioning.

SMA takes new design, holds 50% market share

SMA takes new design, holds 50% market share

SMA nutrition, the 94year old infant formula took a new look when producers of the baby milk decided to sensitize Doctors, nurses, mothers and stakeholders in the medical profession and business people on the benefits of the SMA baby food, as it holds 50 percent market share.

Nigeria needs firm leadership to revive economy…Prof. Egbon

Nigeria needs firm leadership to revive economy…Prof. Egbon

Almost five decades after independence, Nigeria, a country richly endowed with rich human and natural resources has consistently failed to take its pride of place in the global economy. According to the 2008 human capital index, the country is ranked 154 out of 177 countries.

‘Why we are investing in Warri’

‘Why we are investing in Warri’

Samuel Ogrih is the managing director of Mega Trend Investment Company, owners of The Plantation Estate, Warri. In this interview, he says lack of decent accommodation in the ancient city made him to give the city a befitting accommodation

Financial advisers to troubled banks prepare staff for public enquiries

Financial advisers to troubled banks prepare staff for public enquiries

FINANCIAL advisers appointed for the four troubled banks in the second phase of the banking reform have issued a public communication guideline for the management and staff of the affected banks urging them to continue to insist that the banks are healthy and in sound financial condition.

From innovative ideas to profitability

From innovative ideas to profitability

Learning and innovation go hand in hand. The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow —William Pollard