There is no multiple taxes in Lagos – Sanwo-Olu

Lagos State Government says there is currently no multiple taxes in the State’s revenue system. Governor Babajide Sanwo-Olu stated this during a courtesy visit to Lagos House, Ikeja by the Executive Chairman, Federal Inland Revenue Service, (FIRS) Mr. Muhammad Nami. Placing emphasis on startups, the Governor stated that his administration will always improve on the […]

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Mondelēz International Sets Guinness World Records Title

  Mondelēz International, Inc, the parent company of Cadbury Nigeria Plc, has announced it set a Guinness World Records title for the most people dunking cookies across multiple venues. The record attempt was coordinated to celebrate the Oreo cookie brand reaching a major milestone of $3.1 billion in annual net revenues by end of 2019. […]

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CIBN tasks manufacturers on backward integration for rapid growth

  The Chartered Institute of Bankers of Nigeria (CIBN) has said the manufacturing sector has huge potential to become the live-wire of the nation’s economy, if it would look inward to resolve gaps in demand for both consumer and industrial goods. According to the Institute, in the wake of developments such as the boarder closure […]

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Nigeria, India seal pact on establishment of sugar Institute for manpower dev

The National Sugar Development Council (NSDC) has signed a Memorandum of Understanding (MoU) with the National Sugar Institute, Kanpur, India to train personnel of the proposed Nigerian Sugar Institute (NSI) located in Ilorin, Kwara state on field and factory operations. Speaking at the event, the Executive Secretary, National Sugar Development Council, Dr. Latif D. Busari, […]

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Dangote keeps ANAMMCO, south-east auto industry alive

The assembly of Shacman vehicles by Transit Support Services {TSS} in partnership with ANAMMCO, which prompted the revival of the popular plant in Emene, Enugu, has once again, received a huge boost from the Dangote Group following a fresh bulk order for the heavy duty trucks. Clearly the biggest and most consistent buyer of Shacman […]

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How channeling of infrastructure to manufacturers can drive productivity

“Specifically, the operators cited poor electricity and gas supplies/non-reliability of gas supply/scarcity of diesel/high cost of LPG as the highest impediment to production in the country” Like previous years, manufacturers and private sector operators last year complained about lingering infrastructural issues with access ports, power and Lagos traffic ranking top in the concerns identified for […]

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Pepsi Leaked Mail: We Are Proud of Our Indigenous Products, Say Nigerian Protesters

♦ Demands Legislation to Protect Local soft drinks Nigerians came out in large numbers on Friday to protest against Pepsi MD’s comment where he allegedly said “One company will flourish, one will diminish, and another will finish. B-brand model of business will either become a temptation for anyone who has bit money to start own […]

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