Business

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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Edrington partners PS Nigeria to market spirit brands

Edrington, an international spirits company based in Scotland and makers of a wide-range of premium spirit brands, said it’s partnering Premium Spirits Nigeria to expand the premium Spirits Consumer Market in Nigeria.

N100m Guinness promo ends

The N100million Malta Guinness “Go-Get-It” National Consumer Promotion (NCP) has come to its final conclusion with thousands of consumers winning millions.

Alternative securities market records a decline

The Alternative Securities Market, ASeM, of the Nigerian Stock Exchange, NSE, closed the 12 months period to December 12, 2017, in the negative region, recording -3.62 percent Return-on-Investment, RoI.

CPC counsels businesses on consumer complaints

The Director General of the Consumer Protection Council (CPC), Babatunde Irukera, has said that businesses in the country must be responsive to consumer grievances and must institutionalize and prioritize complaint resolution policies and mechanism, stressing that this is the hallmark of company and brand reputation.

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