Rising imports expose local manufacturers’ struggles
With at least $6.7bn spent on the importation of manufactured goods into the country in the first half of the year, EDIDIONG IKPOTO examines how increasing imports highlight challenges confronting local manufacturers The former Acting Governor of the Central Bank of Nigeria, Adebisi Shonubi, two weeks ago, promised that the apex bank was making plans […]
South-East insecurity worries NGE
The Nigerian Guild of Editors has expressed worry over the prevailing lawlessness and general state of insecurity in the country, especially in the South-East. The guild also commended the efforts of the Bayelsa State Governor, Douye Diri, in infrastructure development and improving security in the state. The body of editors, in a statement issued after […]
Insurance brokers to discuss threats to industry at Freetown confe
Insurance operators under the umbrella of the West African Insurance Companies Association would be proffering solutions confronting the industry at the forthcoming WAICA Education Conference in Sierra Leone. In a statement, the association said it had opened the registration portal for delegates of the conference, which would be held in November in Freetown, Sierra Leone. […]
Ogun LG pensioners laud N2.1bn gratuity payment
Pensioners in Ogun State have described the State Governor, Dapo Abiodun, as their benefactor and a leader committed to improving their welfare. They said between August 2022 and now, the governor released N2.1bn for payment of their gratuities. The Chairman of Local Government Pensioners Association of Nigeria, Ogun State Council, Pastor Benedict Ademoye, disclosed this […]
CAC moves against money laundering
The Corporate Affairs Commission says the introduction of Beneficial Ownership Register will help to tackle corruption in the public and private organisations, and money laundering. It also said the Persons with Significant Control, registration platform would help the Federal Government in monitoring money laundering and sponsorship of terrorism by organisations in the country. The CAC […]
Carbon Limits appoints Heine Melkevik director
Carbon Limits Nigeria, a company dedicated to bridging the shortfalls in the country’s emission reduction, has announced the appointment of Heine Melkevik as a board member and director. In a statement, the firm said Melkevik as a director was expected to provide leadership on the company’s business development initiatives as CLN scaled up its activities […]
Airbus appoints Scherer Commercial Aircraft Business CEO
Aircraft maker, Airbus has announced Christian Scherer as the Commercial Aircraft Business CEO. Airbus CEO, Guillaume Faury said since 2019, the leadership roles of Airbus and its Commercial Aircraft business have been combined, providing alignment and speed of execution during a period of multiple crises and change, adding that Airbus has now put itself on […]
Operators decry fake vehicle spare parts influx
Industry experts have underscored the importance of tackling the current influx of substandard spare parts in the Nigerian automobile sector. According to the experts, counterfeit components not only compromise vehicle safety but also erode consumer confidence in the authenticity of automotive products. The Standards Organisation of Nigeria reports that 95 per cent of auto spare […]
Pay workers fair wages, SPN tells LASG
The Socialist Party of Nigeria has called on the Lagos State Government to pay workers in the state fair wages and improve standards of living for the general populace. In a statement signed by the Chairman of the Lagos State Chapter of the Socialist Party of Nigeria, Rufus Olusesan, it expressed concerned about the equitable […]
AHUON lauds Arik Air over safe operations
The Association for Hajj and Umrah Operators of Nigeria Nigerian, Kano Zone, has commended Arik Air for its exceptional contribution to the success of the 2023 Hajj operations in the zone. In a statement made available to The PUNCH, PR & Communications Manager at Arik Air, Adebanji Ola, said AHUON also appreciated presented a Gold […]