Ex- Konga CEO, Nick Imudia Commits Suicide
He jumped from the balcony of his Lekki, Lagos apartment
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Beta Glass Environmental Sustainability
▪︎Sustainability footprint Beta Glass PLC has expanded its efforts to champion a greener Nigeria with initiatives focused on recycling, sustainability, and educating the public about environmental responsibility. Business Insider reports that this includes a collaboration with the Food and Beverage Recycling Alliance (FBRA) and Recycling Scheme for Women and Youth Empowerment (RESWAYE) to establish glass…
KEDCO Slams N5bn Lawsuit On Manufacturers Association
The lawsuit was a counter-action taken by the DisCo following the rejection of the new tariff hike by MAN, Kano Branch and its over 41 members.
EU’s Injecting €150bn into Lagos- Abidjan Trade Corridors
When you move from the Benin Border to Lagos, you can be stopped at least 20 times with 80 checkpoints. This is a big barrier for transport between the two countries.
Aarti is Exiting Nigerian Steel Market
This will make it the sixth company to exit Nigeria in the first half of 2024 after Microsoft Nigeria, Total Energies Nigeria, PZ Cussons Nigeria PLC, Kimberly-Clark Nigeria and Diageo PLC .
Dangote: Oil Mafias Try Severally To Stop $19bn Refinery
In a system where for 35 years people are used to counting good money, and all of a sudden they see that the days of counting that money have come to an end, you don’t expect them to pray for you.
Highlights of African Trade Report 2024, by Yemi Kale
It provides an analysis of the economic environment, trade patterns, debt scenarios, and future projections for African economies.
Afreximbank Loans Fidelity Bank $40mn to Boost Trade Flows Between Nigeria, UK
In the words of the MD/CEO of Fidelity Bank, Dr (Mrs) Nneka Onyeali-Ikpe, ‘We are very thankful to Afreximbank for supporting our expansionary initiatives for international growth.
After Oil Refinery, Dangote Eyeing Investment in Steel Manufacturing
Data from the National Steel Raw Materials Exploration Agency (NSRMEA), shows that total steel consumption in the country averages around 10 million metric tonnes of which 70 percent is imported.
SON Sanitizes Electrical Markets in Ekiti, Seizes Cables Worth N30.5m
The SON, he stressed, would not relent in its mandate of ensuring that only quality products are allowed in the markets.