Eastern Ports Rehabilitation: FG awards Escravos Channel dredging, breakwater reconstruction
As part of efforts to revitalize the Eastern ports, the Federal Government, through the Nigerian Ports Authority (NPA), has awarded the contract for the reconstruction of the dilapidated Escravos Channel at Warri Port, Delta State. Confirming the development, Mr. Ikechukwu Oyenmakara, General Manager of Corporate and Strategic Communication at the Nigerian Ports Authority, stated that […]
FASTIN calls for devt of textile industry to boost employment
THE Fashion and Textile Industry Stakeholders forum (FASTINS) has called for the development of the sector to boost employment opportunities and generate foreign exchange earnings through exports.
Juli boss tasks NSE on promotion of indigenous company
Chairman, Juli Pharmaceutical Plc, Prince Julius Adeluyi, has urged the Nigerian Stock Exchange NSE to give relevance to Nigerian indigenous company.
Just Foods, Rational introduce advanced cooking equipment
Just Foods Limited has entered into a strategic partnership with Rational International in the deployment of advanced cooking technology, called SelfCooking Center Whitefficiency.
95% of metallic waste products for export sourced locally
A NIGERIAN company, the Sun and Sand Industries Ltd., says 95 per cent of raw materials are sourced from metallic wastes that were recycled for export to manufacture cars and ship parts.
International Breweries to acquire brewing firms
International Breweries Plc said it plans to invest in the acquisition of additional brewing firms as parts of its strategies for expansion and growth programmes.
IMO issues warning to vessel owners over piracy in Nigeria
FOLLOWING the seizure of a Malta flagged vessel by pirates in Nigeria, the International Maritime Organisation, (IMO) has warned vessels owners on the danger of sailing to Nigeria.
SON orders seizure of Tokunbo tyres nationwide
Standards Organisation of Nigeria has ordered the seizure of used tyres popularly called “Tokunbos,” from markets across the country.
Standard & Poor rates Nigeria, banking industry as high risk
Standard & Poor’s Ratings Services, Wednesday, thumbed down Nigeria economy and the banking reforms, saying that Nigeria and the banking industry are a very high risk. It said it classified Nigeria as “very high risk” because of significant market distortions or low industry stability.
UNIDO lauds Innoson for products quality
THE United Nations Industrial Development Organisation (UNIDO) has lauded Innoson Group saying the company has done Nigeria proud by producing goods of international standard.
‘Why company registration process must change’
Former Attorney-General and Commissioner for Justice in Lagos State, Supo Sashore, has sought for an overhaul of the current process of registering limited liability companies in Nigeria by the Corporate Affairs Commission (CAC).
