Austin Laz & Company Plc is a Nigerian engineering and manufacturing conglomerate. They specialize in producing industrial ice block machines, refrigerators, air conditioners, aluminum roofing sheets, and thermoplastic products like coolers.
The policy also requires MDAs seeking to procure foreign alternatives to provide written justification and obtain a formal waiver from the BPP before such procurement can be approved.
In an address of welcome, the Managing Director and Chief Executive Officer of Nestlé Nigeria PLC, Wassim Elhusseini, said that sustainable access to quality nutrition can only be achieved through resilient value chains supported by long-term investments in sourcing, manufacturing, distribution, livelihoods, and environmental sustainability.
The RwandAir partnership will be formally flagged off in June 2026,” said the Minister.
In the parallel market, also known as the black market, the dollar traded at around ₦1,390 to ₦1,397 for selling, while buying rates hovered between ₦1,385 and ₦1,390 depending on location and transaction volume.
At the event, UBA’s Group Managing Director/CEO, Oliver Alawuba, noted that the Innovation Hub and Business Office represent an intentional investment in talent, enterprise, and future economic transformation.
Egerton-Idehen assured that NIGCOMSAT had already secured a fully funded commercial backup satellite arrangement at the same 42.5° East orbital slot to prevent service disruption if NigComSat-1R experiences challenges.
Nigeria is ready to leverage Türkiye’s technological expertise in mining exploration, training, digitisation, licensing systems, and capacity building to accelerate reforms and growth in the sector.
Executive Director, Sahara Group, Wale Ajibade. commented , “This development is significant for Mauritania and for Africa’s maritime economy.”
According to the company, it had entered into an agreement with Barclays Capital Securities Limited to execute the programme through on-market purchases of its ordinary shares, which would subsequently be acquired by the company.
