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 International Trade Fair Complex, Lagos.
Speaking at the sensitisation programme tagged “Vehicle tyres, quality and…
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…
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 year.
This was disclosed in the 2022 financial year results of the company filed with the Nigerian Exchange Limited on…
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…
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 for part-financing the Group’s 650,000 bpd refinery project.
He explained that the decision of the company to issue bonds…
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…
The Chief Executive Officer of VerifyMe, Esigie Aguele, says artificial intelligence will help accelerate Africa’s drive towards achieving open finance and bridging the continent’s $120bn lending gap.
Aguele made the projection while speaking on a TV business programme…
The Co-founder and Chief Executive Officer of Paystack, Shola Akinlade, has bought a 55 per cent stake in second-division Danish club, Aarhus Fremad.
The deal which was announced on Tuesday will see Aarhus Fremad become a sister club to Sporting Lagos FC, a Lagos-based football club in the Nigeria National League founded by Akinlade in 2022.
According to a statement by Sporting, the deal will…