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.
AQAC Ogun Ready for Certifications of AgroFood industry’s Products- Afreximbank
African Export-Import Bank (Afreximbank) says its African Quality Assurance Centre (AQAC) in Ogun State, can now offer internationally accredited services for food and agri products in Nigeria. The international accreditation of the AQAC in Ogun to the ISO/IEC 17025:2017, was done last week by the South African National Accreditation System (SANAS). SANAS is one of…
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…
OPSN Pleading for Protests Without Destroying Businesses, Economy, citing #End SARS
A peaceful protest will ensure that citizens can express their concerns without infringing upon the rights of others or disrupting legal and lawful activities.
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.