SON begins harmonising locally produced ventilators to meet global standards

  (NAN) The Standards Organisation of Nigeria (SON) says it has begun harmonizing the production of ventilators developed across the country to conform with international standards at containing the COVID-19 pandemic. Osita Aboloma, SON Director-General,  made this known in a statement to newsmen on Wednesday in Lagos, following the unveiling of locally manufactured ventilators produced […]

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LCCI tasks member firms to operate on strong corporate governance

  “As we formally accept your organisation into the Lagos Chamber community today, I wish to underline the commitment of the Lagos Chamber to the cherished tradition of high ethical standards, integrity and good corporate governance in business practice. ” Mrs. Toki Mabogunje, President of LCCI, said today during its first ever virtual Membership Induction […]

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Buhari orders lockdown of states, LGAs with increasing coronavirus cases

President Muhammadu Buhari has ordered that precision lockdowns be implemented in areas recording high rates of coronavirus infections in the country. The chairman of the Presidential Task Force on COVID-19, Boss Mustapha, said during a media briefing on Monday, May 18, 2020, that it was one of the president’s new directives aimed towards containing the spread […]

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Nigeria: Post COVID-19 Unemployment to hit 45% by end of  2020 – LCCI

By Industrial Digest “Our findings showed that unemployment rate may surge to 40%- 45% by end-2020 from 23.1% as at Q3-2018,” said Dr. Muda Yusuf,  Director-General , Lagos Chamber of Commerce & Industry (LCCI). In a report titled ‘LOCKDOWN AND ITS IMPACT ON BUSINESSES: LCCI SURVEY REPORT,’ it  carried out to determine the impact of the lockdown on businesses, […]

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Adebode Adefioye Appointed  as Chairman of Lafarge Africa 

      Nigeria: Lafarge Africa has appointed Adebode Adefioye as its new chairman with effect from 4 June 2020. He succeeds Mobolaji Balogun, who has decided to retire from the role. Adefioye, a non-executive director of the company, is the chairman of the board finance and strategy committee, chairman of the board property optimisation committee […]

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SON Resumes Certification of Locally Manufactured, Imported Products as COVID-19 Lockdown Eases

  Standards Organisation of Nigeria (SON) has resumed certification of locally manufactured and imported products, product registration, ports and borders clearance and service charge payments among others, in 42 offices across the 36 states of the Nation. A statement from the office of the Director- General, Osita Aboloma, said that in compliance with the Federal […]

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Millie Small, the Bournvita girl, dies aged 72

  Cadbury Nigeria Plc (“Cadbury Nigeria” or “the Company”) today announced the demise of Jamaican singer, Millie Small at the age of 72, reportedly from a stroke, in England. The star, who was born Millicent Small, sang one of the earliest Bournvita commercial songs. The song It’s Millie The Bournvita Girl, was released in 1964 […]

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Nigeria waives import duty for medical supplies

Nigerian Government on Tuesday granted a waiver on import duty for medical supplies coming into the country as it battles coronavirus. Presidential aide Tolu Ogunlesi in a tweet said President Muhammadu Buhari approved that import duty is waived for medical equipment and supplies to strengthen health infrastructure in response to the #COVID19 pandemic. Ogunlesi disclosed […]

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African Union Commission appoints MAN President to Covid-19 Fund Board of Trustees

Engr. Mansur Ahmed, President of the Manufacturers Association of Nigeria (MAN) / Executive Director, Dangote Group, has been appointed to the African Union Covid-19 Response Fund Board of Trustees. Other members of the Board includes Prof. Benedict Oramah, President of the African Export-Import Bank (Afreximbank); Prof. Wiseman Lumkile Nkuhlu – Chancellor of the University of […]

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Coronavirus disrupts July 1 AfCFTA take-off till 2021

LAGOS (Reuters) – A blockbuster African trade deal is unlikely to be implemented before early next year, an official said on Friday, after the disruption caused by the new coronavirus made the current July 1 deadline unworkable. Wamkele Mene, Secretary-General of the African Continental Free Trade Area, told Reuters that while only the heads of […]

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