PSN says FG hasn’t effect zero tariff on pharmaceutical inputs
President Bola Tinubu had in June signed the executive order to introduce zero tariffs on excise duties and value added tax (VAT) on imported pharmaceutical inputs.
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Steel Industry Embracing ‘Industrial Origami’ to Curb Carbon Emissions
Tue Beijer, co-founder and CTO and Jonas Nyvang, co-founder and CEO of Stilfold AB, share insights into how the Japanese art of origami was the inspiration behind the Swedish company Stilfold’s innovative carbon emission-busting steel-folding techniques. In a post on the World Steel Association website, the duo, said that the people who first began folding…
Mangal, A New Cement Brand in Town
The Chairman of the company, Alhaji Dahiru Mangal, said that the new cement plant has capaciry to produce 6000t/day of cement, and provides 10,000 direct and indirect jobs.
BUA Foods Makes N672bn from Sugar and other Products in HY 2024
Further analysis of the Unaudited Financial statement for the six months ended June 30th, 2024, showed that the revenue grew by 110 percent, while the profit after tax jumped by 38 percent.
Coca-Cola, NBC Under FCCPC’s Surveillance for 24 Months
The Federal Competition and Consumer Protection Commission (FCCPC) has subjected Coca-Cola Nigeria Limited (Coca-Cola) and the Nigerian Bottling Company Limited (NBC) regulatory supervision for a period of 24 months. FCCPC, in a statement on Thursday, said the companies have been carrying out unfair tactics, thereby “misleading consumers”. The companies are yet to responded to the allegations…
Provoke Media Ranks Dangote’s Anthony Chiejina Among “100 Most Influential Global Communications Officers “
▪︎Anthony Chiejina, the Group Head of Corporate Communications at Dangote Group. Global PR firm Provoke Media has listed Anthony Chiejina, the Group Head of Corporate Communications at Dangote Group, as one of the “100 most influential communications and marketing executives in the world for 2024. Chiejina was selected alongside 99 other prominent executives from top…
Why Banks Should Support Govt’s Windfall Levy – Prof Adetunji Ogunyemi
Adetunji Ogunyemi, is a Professor of Economic History at the Obafemi Awolowo University, Ile Ife. He is also a lawyer and public finance expert. In this interview, Prof Ogunyemi speaks on the amendment of the Finance Act 2020 by the National Assembly to accommodate windfall levy on banks’ profits on foreign exchange transactions. He submits…
A Comparisons of Nigeria’s automotive industry to Morocco, SA, Egypt
We are not getting the needed patronage from the Nigerian market, which explains why our plant is assembling below capacity at the moment.
LCCI Names Unitellas MD Osemeke, Panelist for ICTEL EXPO
He is an experienced enterprise level infrastructural and Content Management Systems designer and a pioneer 1Government Cloud Professional Service Provider.
Tinubu Orders Fresh Status Report on ALSCON
▪︎Management of ALSCON, led by the Chairman, Alexey Arnautov, at the State House in Abuja, on Friday. President Bola Ahmed Tinubu has directed the Minister of Steel Development, Prince Shuaibu Audu, and the Special Adviser to the President on Energy, Ms. Olu Verheijen, to review and provide an update on the status of the Aluminium…