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Category: Business

Business

Poultry Association warns of 10% job losses 

By William UkpeJuly 23, 2021 The Lagos Chapter of the Poultry Association of Nigeria (PAN) has warned that Nigeria may likely witness 10% job losses if the immediate problems facing the sector including the rising cost of feeds are not addressed by the Federal government….

Business

Nigeria loses $26.3bn annually to piracy, sea robbery –Buhari 

From Molly Kelete, Abuja President Muhammadu Buhari, yesterday said Nigeria loses about $26.3 billion annually to various forms of criminality particularly piracy and sea robbery. Buhari disclosed this while performing the inauguration of Falcon Eye Project, a Nigerian Navy’s Strategic Maritime Surveillance System, at the…

Business

SON Commissions World-Class Laboratory In Ekiti State 

Jennifer Inah The Nigerian Minister of Industry Trade and investment Mr. Adeniyi Adebayo has commended the Standards Organisation of Nigeria (SON) for its renewed zeal in the fight against substandard and fake products in the country. Mr. Adebayo who gave the commendation at the commissioning…

Business

NNPC to get new identity within six months of PIB 

By David Ibemere NNPC to build two new condensate refineries The Nigerian National Petroleum Corporation (NNPC) is set to adopt a new identity in coming months. Following the passage of the Petroleum Industry Bill (PIB) on Thursday by the National Assembly and the expected signing…

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