SON intercepts over N8 billion counterfeited cables in Lagos
The Standards Organisation of Nigeria (SON) has evacuated substandard locally cloned cables worth over N8 billion in two warehouses in Ajagbandi area in Lagos State as part of moves to prevent the cables from getting into the market.
Nigeria records positive current account balance of N823 billion
The Organisation of the Petroleum Exporting Countries (OPEC), which made the disclosure in its 2017 Annual Statistics released recently, showed that OPEC countries recorded a collective current account deficit of $43.740 million during the period under review.
‘Stakeholders must position retail as next economic driver’
The experts, who gathered at the fourth edition of the Retail Leaders Conference in Lagos, insisted that a plethora of challenges have continued to cripple the growth of the sector thereby limiting projected opportunities, particularly in the areas of job creation and economic benefits.
CIBN, experts sue for integration in economic policy
The Chartered Institute of Bankers of Nigeria (CIBN), has said that national integration and citizenship are important tools for effective economic policy and processes.
NACC becomes recognised AGOA Trade Resource Centre
The chamber, which has the mandate of promoting trade and commerce between Nigeria and America, said it also signed pacts with the USAID/West Africa Trade and Investment Hub (WATIH) in order to boost Nigeria’s share of world trade.
Business and Taxes: Being on the right side of the law
Keeping a record of everything daily can be as easy as scanning your receipts with your smartphone, saving them on a drive and regularly backing them up in the Clouds. This should also include the documentation.
NBTI partners MAN to promote entrepreneurs products
The National Board for Technology Incubation (NBTI) says it is partnering with the Manufacturers Association of Nigeria (MAN) to promote the products of its trainees.
‘Power sector requires proper strategy, management’
We have a company called TransPower. It’s a gas to power company, which is involved in gas development to power generation. But the power we are talking about is not the system connected to the grid.
WAPCo to buy gas from Dangote refinery for regional supply
The West Africa Gas Pipeline (WAPCo) has embarked on alternative source of transporting gas from Republic of Benin, which is gradually becoming an oil-producing country, for other West African countries.