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SON removes 5 million bad tyres from circulation

By Franklin Alli Standards Organisation of Nigeria, SON, has removed five million bad tyres from circulation in order to curb accidents on the highway, said its Director General, Dr. Joseph Odumodu. He said that the bad tyres were removed recently from warehouses at Ladipo auto spare parts market in Mushin area of the state by […]

We need 3m customers to manufacture fridge in Nigeria — Harvey

Richard Harvey is the global chairman of PZ Cussons Plc. He was in the country last week to commission the company’s subsidiary (HPZ Limited) new assembling line for its fridge products. In this interview, he noted that fridge factory is highly capital intensive and in order for the company to be competitive, “We need more customer base of three million Nigerians to be able to go into fridge manufacturing.”

NASME faults plans to hike electricity tariff

The Nigerian Association of Small and Medium Enterprises (NASME) has faulted plans by the new owners of Power Holding Company of Nigeria (PHCN)to increase electricity tariff, asserting that it is inappropriate and uncalled for.

Mamadore moves for ISO certification

MamadorE vegetable oil, a product of PZ Wilmar is working hard to attain International Standards Organisations , (ISO) certification as it has gotten National Agency for Foods and Drugs Administration (NAFDAC’s) nod.

Dangote Foundation disburses N540m micro grants

Dangote Foundation has commenced disbursement of N540 million micro grants to helpless women and youths in the three emergency affected states of Adamawa, Borno and Yobe State.

NBCC projects £20bn for Nigeria, UK trade

The Nigerian-British Chamber of Commerce, NBCC, has projected that trade figure between Nigeria and Britain can reach £20billion within the next five years.

ICAN President commends UBA, tasks institutions to invest in education

The President of Institute of Chartered Accountants of Nigeria (ICAN), Alhaji Alkali Mohammed, has commended UBA Foundation for organizing a national essay competition, sayimg the path towards sustainable development is through investment in the education of its youths

LASWA ridership hits 12 million in 8 months

NO fewer than 12million residents of Lagos State traveled through the waterways between January and July 2013, the latest ridership of the Lagos State Waterways Authority has revealed.

Bank lending to agriculture increases to N20bn

Lending by commercial banks in the country to the agricultural sector has increased from N3 billion to N20 billion in 2013, said Dr. Kingsley Moghalu, the Deputy Governor of Central Bank of Nigeria, CBN. Moghalu disclosed this while delivering a keynote address at the third CBO Capital Investors’ Conference, held in Lagos.

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