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LASTCOC seeks security support to sanitise Apapa, Tin Can roads

The Lagos State Truck and Cargo Operators Committee (LASTCOC) has called on the Federal and State governments to provide security backup to support the committee's efforts to sanitise the ports access roads of indiscriminate parking of trucks and res
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27 Dec 2023

Smartphones record 12% growth in Nigeria, other countries

Smartphones shipments in Nigeria and other parts of Africa saw 12 per cent year-on-year growth in the third quarter of 2023 amid challenges in the economy. The post Smartphones record 12% growth in Nigeria, other countries
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27 Dec 2023

Nigeria must scale hurdles to achieve energy transition, stakeholders say

Stakeholders in the Nigerian energy sector have said the country will need to address inherent challenges if the current projections of the energy transition are achieved. The post Nigeria must scale hurdles to achieve energy transition, stakeholders
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27 Dec 2023

Ministry, CBN, others to improve consumer credit

In a bid to develop a framework to build and enhance consumer credit in Nigeria, the Presidential Council on Industrial Revitalisation has established a Technical Working Group with members from the Central Bank of Nigeria The post Ministry, CBN, oth
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27 Dec 2023

MSMEs decry NAFDAC's exorbitant testing cost, claim it defeats EoDB

Vice-President, Lagos Chamber of Commerce and Industry (LCCI) and head of the chamber's Public Affairs and Advocacy Committee (PAAC), Prince Abimbola Olashore, has decried the exorbitant cost of testing and overly-rigorous processes local businesses.
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27 Dec 2023

LASAA, LASBCA partner to streamline property devt permits

The Lagos State Signage and Advertisement Agency (LASAA) and the Lagos State Building Control Agency (LASBCA) have fine-tuned strategic collaboration efforts aimed at obtaining the approval process for property development board signage permits and b
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27 Dec 2023

CIIN urges cooperative societies, clubs to embrace insurance

The President of the Chartered Insurance Institute of Nigeria (CIIN), Edwin Igbiti, has stressed the need for cooperative society and club members to embrace insurance to mitigate losses in the event of a crisis in their operations. The post CIIN urg
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27 Dec 2023

NMDPRA directs operators to comply with regulations

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has asked oil companies to comply with regulations in the industry. This comes as the organisation expressed readiness to release seven new regulations for the smooth impl
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27 Dec 2023

Africa's trade in intermediate goods up by 15%

Africa's exports of Intermediate Goods (IGs) are estimated at $265 billion in 2021, growing an average of 15 per cent yearly from 2019 to 2021, the global body for trade, the World Trade Organisation (WTO) has revealed. The post Africa's trade in int
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27 Dec 2023