• Cooking gas cylinders

    SON Confiscates N100m Worth Of LPG Cylinders

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    The Standards Organisation of Nigeria (SON) has impounded six container loads of substandard Liquefied Petroleum Gas (LPG) products in Lagos. Addressing newsmen, recently, Director, Inspectorate and Compliance Directorate, SON, Engr. Bede Obayi, said the interception of the consignment was achieved with the collaboration of men from the Nigeria Customs Service(NCS). While conducting newsmen round the…

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    Global Manufacturing Growth To Remain Low In 2016- UNIDO

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    World manufacturing growth is expected to remain low in 2016 due to weakened financial support for productive activities, according to a report released yesterday by the United Nations Industrial Development Organization (UNIDO). The report states that, with financial uncertainty still looming across Europe, foreign direct investment has not yet reached the 2007 pre-crisis level. According…

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    BoI Pledges More Funding For Mining Sector

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    The Bank of Industry (BoI) has assured that it would increase funding to the mining sector of the Nigerian economy. The bank made this commitment on the sideline of the International Mining Investment Conference held in Abuja, recently. Acting managing director of the bank, Mr Waheed Olagunju, explained that the decision was in line with…

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    NEXIM, Bauchi Govt To Collaborate On Export-oriented Investments

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    The Nigerian Export-Import (NEXIM) Bank and the Bauchi State Government are at the moment fine tuning arrangements on possible  collaborations in the areas  of  boosting export-oriented investments in agro-processing, solid minerals and non solid minerals, especially under the N500 billion Export Stimulation Facility (ESF) and the N50 billion Export Rediscounting and Refinancing Facility (ERRF) of…

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    BoI, Gombe Govt Sign N360m Solar Power Deal

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    The Bank of Industry(BoI) and Gombe State Government yesterday signed a N360million  agreement  for the deployment of pay-as-you-go solar home systems in selected rural communities of the state. Gombe is one of the states that benefitted from the first phase of the BoI/UNDP rural electrification programme involving one community in each of the six geo-political…

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  • Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah

    Growing Nigerian Economy With Public – Private Partnership

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    Experts have continued to offer reasonable and practicable panacea on ways and means by which Nigeria’s economic growth could be fast-tracked. According to them, Nigeria is unarguably the biggest economy in Sub-Saharan Africa. She is a vital and dominate force in the West African market. She therefore holds the key to Africa’s social-economic renaissance. But…

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    CPC Investigates Nigerian Breweries Over Alleged Health Benefits Of Beer Consumption

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    The Consumer Protection Council (CPC) has commenced investigation into the veracity of the recent widely publicised claims of the Nigerian Breweries Plc (NB) regarding the health benefits of beer consumption, alleging that the claims were capable of luring unsuspecting consumers into unwholesome consumption of the product. Nigerian Breweries had in media reportage of its recent…

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    AfDB Votes $175m For Agric Transformation Of N/West Nigeria

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    As instrument for consolidating its  investments in the Nigerian agriculture sector, the African Development Bank (AfDB) has set aside the sum of $175 million for its Agricultural Transformation Agenda Support Programme (ATASP-I) in Nigeria’s north-western states. The country director, AfDB, Dr Ousmane Dore, made this disclosure at a meeting with the leadership of the North…

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