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We use trade fairs to grow manufacturing sector – Ruwase

With 65 days to go, the Lagos Chamber of Commerce and Industry (LCCI) is working frantically to host this year’s Lagos International Trade Fair which runs from November 2nd to 11th at the Tafawa Balewa Square (TBS) in the heart of Lagos. In this interview, Vice-President & Chairman, Trade Promotion Board, Babatunde Ruwase, spoke to Financial Vanguard on why they are dumping the International Trade Fair Complex, Badagry Expressway, for the TBS; their level of preparation so far, among other issues.

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We’ll grow our turnover to N16bn in the next 5 yrs – Red Star MD

The management of Red Star Plc has revealed that it plans to grow its turnover to N16 billion in five years from N5 billion it currently stands. Speaking during the management’s visit to Vanguard, Mr. Sule Umar Bichi, Managing Director of the company said their focus has also expanded from just being a courier business to a completely logistic service provider, adding that the advent of information technology has opened up more vista of opportunities than threat to their courier business.

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