Experts in the built environment have said the accidental collision of a truck cannot trigger a total collapse of a properly built structure.
The Lagos State Emergency Management Agency had in a statement claimed that the recently collapsed building on 1st Avenue, in the Banana Island area of Ikoyi, Lagos State the collapse was a result of a truck that ran into the building.
It stated…
Every year, a lot of small and medium scale enterprises flood the market worldwide with new product solutions. This is common in developing economies like Nigeria where SMEs represent about 90 per cent of employment across the globe, the World Bank says.
According to the…
The Standard Organisation of Nigeria has said that it destroyed 10 million substandard tyres in six months.
In a statement, the Director General of SON, Mallam Farouk Salim, said this at a one-day sensitisation programme with tyre dealers at the Africa Tyre Village, Lagos…
withdraws picture, pledges it won’t happen again
The management of FrieslandCampina WAMCO Nigeria Plc, manufacturers of Peak Milk, has apologised to the Christian Association of Nigeria for using the crucifixion of Jesus Christ as a metaphor to promote their product on Good Friday, saying the social media’ advertisement has been withdrawn.
While acknowledging the sensitivity of the social…
Curlla Luxury Salon has disclosed plans to launch its flagship location in the Lekki area of Lagos State.
It is set to be the ultimate expression of luxury created to provide a unique and unparalleled beauty experience, with a focus on personalisation, exclusivity, and…
Consumer goods company, BUA Foods, has said its 2022 full year revenue rose by 26 per cent to N418.3bn from N333.2bn in 2021.
It also reported a 31 per cent appreciation in its profit after tax for the financial year ended December 31, 2022 when compared to the previous…
The Director of the Correctional Service Special Study Centre of the National Open University of Nigeria, Francis Enobore, has called on sub-national governments and well-meaning Nigerians to support the free education policy of the NOUN for prisoners to enhance sustainable reintegration upon discharge.
Enobore made this call during a courtesy visit to the Controller-General of Nigerian…
A Partner at KPMG Nigeria, Yemi Kale, has advocated increased deployment of technology for credible data gathering in the country.
Kale, who is a former Statistician-General at the National Bureau of Statistics, spoke at the 2023 edition of ‘Experiencing PR’, an annual…
Dangote Industries Limited has completed the listing of the firm’s N300bn series 1 and 2 bonds on Nigerian Exchange Limited and the FMDQ in Lagos.
The Group Managing Director of DIL, Olakunle Alake, during the listing ceremony, told investors that the bonds were primarily…
Alibaba announced Tuesday that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date.
The company’s chairman and CEO, Daniel Zhang, said the restructuring would enable each separate business to pursue its own fundraising and public listing plans.
Hangzhou-based Alibaba said the moves were intended to “unlock shareholder…