From Our Correspondent Minister of Housing and Urban Development, Mr Ahmed Dangiwa, has commended BUA Group for lowering the price of its cement to the nation’s construction subsector. In a statement, on Tuesday, Dangiwa said BUA Plc’s decision to reduce the price of cement to N3,500 per bag “is a demonstration of the company’s commitment […]
By Peter Ejiofor A Ugandan national, suspected to be on a revenge mission against his father, has set fire to the automobile workshop in Vom Hagen Street, Pretoria, Gauteng, South Africa. The Nigeria Union South Africa (NUSA) said in a statement, on Tuesday in Pretoria, that the suspected arsonist destroyed nine cars and auto parts. […]
Andoni Local Government Council of Rivers, on Friday, disbursed N5 million in business grants to 50 persons living with disabilities (PWD) in the area. The Council Chairman, Erastus Awortu, distributed N100,000 to each of the beneficiaries at Ngo, the council’s headquarters. Awortu said the money was take-off grants for beneficiaries. The funding followed a four-day, […]
From Our Correspondent in Abuja A Presidential aide has challenged trade and industry stakeholders to initiate the right policies and proper implementation of the existing laws to address challenges affecting operation of free trade zones (FTZs) in Nigeria. Special Adviser to the President on Industry, Trade and Investment, John Uwajumogu, stated this at a stakeholders […]
By Abdulfatah Babatunde The National Agency for Science and Engineering Infrastructure (NASENI) has invited foreign investors to collaborate on local production and domestication of Lithium batteries and other renewable energy solutions in Nigeria. Bashir Gwandu, CEO of NASENI announced this while receiving business delegation from LEMI Technology Shenzhen, China, on Monday in Abuja. Ms Joyce […]
Anambra indigenes residents in Cote d`Ivoire have called on the state government to create an enabling environment that would attract people in the Diaspora to invest at home. They also said that Anambra people in the Diaspora were eager to invest in the state to boost its economy. Nze Chiadi Chinazo, Vice-President of Anambra State […]
Malaysia’s exports are projected to reach $425 billion by 2030 with an annual growth rate of 6.8 per cent, Standard Chartered said on Monday. According to the global bank, China and Singapore are expected to continue to dominate Malaysia’s trade, while India, Vietnam and Indonesia are emerging as high-opportunity trade partners. Malaysia’s exports to China […]
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has signed memorandum of understanding (MoU) with the First Bank and Sterling Bank to develop and promote Micro Small and Medium Enterprises (MSMEs). In his remarks at First Bank event, Dr Olawale Fasanya, Director-General of SMEDAN identified funding as critical issue for MSMEs. Fasanya, therefore, […]
The Federal Government has established Nigeria’s Open Register of Beneficial Ownership of Companies to promoting transparency and accountability. Inaugurating the register, the Minister of Industry, Trade and Investment, Adeniyi Adebayo said the initiative, under Corporate Affairs Commission’s mandate (CAC), would support anti-corruption efforts in Nigeria and globally. Mr Babagana Alkali, Director of Policy, Research and […]
Chairman, Board of Directors of Bank of Industry (BOI) Group, Aliyu Dikko, said the group’s total assets have grown by 39. 2 per cent between 2021 and 2022. Dikko stated this during the 63rd Annual General Meeting (AGM) of the bank, on Thursday, in Abuja. He said the bank maintained appreciable growth in its financial […]