Food Crisis: Cost of healthy diet rises further — NBS Report
By Elizabeth Adegbesan Despite the moderation in inflation rate reported by the National Bureau of Statistics, NBS, the financial burden of feeding on Nigerian households may have intensified as the national average Cost of a Healthy Diet (CoHD) climbed to N1,541 per adult per in March 2026, about 4.4 per cent up from N1,477 in March […]
Substandard goods: How far can Odumodu go?
Almost seven months ago, Dr. Joseph Ikem Odumodu, started from where Dr. John Akanya stopped as the Director General of Standards Organisation of Nigeria (SON). No sooner he took over than he studied the document and visited zonal offices of the organisation spread across the country.
UAC reiterates commitment to customers, marks 25th anniversary
UAC Restaurants, franchise owner of Mr Biggs and a subsidiary of UAC Nigeria Plc has reiterated its commitment to service excellence and ensuring that customers get value for their money as Mr Bigg’s, celebrate its Silver Jubilee, August 12 2011.
NACCIMA boss tasks ECOWAS on region’s development
The Economic Community of West Africa States (ECOWAS) has been urged to effectively implement its protocol on free movement of goods and people across the region.
Standard Bank facilitates $250m loan
The Government of Tanzania has secured a $250-million seven-year loan facility from a consortium of local and global financiers led by Stanbic Bank Tanzania and its parent bank, Standard Bank Group, to fund development projects such as road and rural electrification.
ALSCON sale: BFIG – RUSAL controversy resonates
The controversy over the 2004 sale of the Aluminum Smelting Company of Nigeria, ALSCON, Ikot Abasi, Akwa Ibom State, resonated yesterday as the original Preferred Bidder in the privatisation process, BFIGroup of America insisted that BPE fraudulently sold the company to RUSAL against its own rules.
Olive MFB supports transport firms with N40m
Olive Microfinance Bank has empowered over 10 transporters with brand new buses worth about N40 million under its first batch of lease finance scheme.
Customs seizes goods worth N5.2b in 6 months
The Nigeria Customs Service seized goods worth N5.2 billion in the first half of the year, Mr Sunny Okpurhe, the Assistant Comptroller-General (Enforcement and Drugs), said on Tuesday. Okpurhe told news men in Abuja that the seizures were made through proactive steps taken by customs officers across the borders.
NUSSAC lauds Nig growth rate
The Nigerian – USA Chamber of Commerce (NUSSAC) has commended the current growth rate of the Nigerian economy.
OPS pressures Aganga to change Ministry’s name
The Organised Private Sector (OPS) has mounted pressure on the Minister of Trade and Investment Dr. Olusegun Aganga to change the new Ministry of Trade and Investment name, but the Minister vehemently resisted this, saying “I don’t care about name.”
Fuel importation: Jonathan directs NNPC to build 3 more refineries
In a move targeted at reducing the importation of petroleum products and putting an end to the scarcity of kerosene President Goodluck Jonathan, unveiled an all-encompassing strategy to almost immediately boost the nation’s refining capacity to over one million barrels per day.
