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 Nigeria SME Survey, the SMEs contribute 48 per cent to the national Gross Domestic Product, account for 96 per cent of…
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…
The Federal Government, on Thursday, said the amount spent on subsidising Premium Motor Spirit, popularly called petrol, between 2005 and 2021 was N13tn, adding that the country lost N16.3tn to oil theft from 2009 to 2020.
It disclosed this in Abuja through the Nigeria…
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of Jesus Christ as a metaphor to promote their product on Good Friday, saying the social media’ advertisement has been withdrawn.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…
A real estate firm, Riel Homes, has gifted one Jennifer Efidi, who was attacked and injured during the 2023 presidential election in Lagos State a plot of land worth N2.2m.
The Lagos resident was assaulted while she was waiting to cast her vote at the Nuru/Oniwo Ward…
Stakeholders in the financial sector have canvassed the need to grow the insurance and pension sectors.
They spoke at the annual conference of BusinessToday Communication Limited in Lagos with the theme, ‘Consumer satisfaction in deepening penetration in insurance and…
FG bars online banks from accessing customer photos and contact information.
April 10, 2023
Loan apps on Play Store will lose their ability to access their users’ contacts or photos from May 31, 2023.
This came as the Federal Government said it would enforce the latest policy by Google, saying the action was consistent with the Nigerian authorities’ move to curtail the invasion of customers’ privacy by loan app firms.
The Federal Government had in recent time taken major decisions…
MTN Nigeria has announced the price for its shares per unit under the scrip dividend plan for interested shareholders.
In a corporate notice filed with the Nigerian Exchange Limited on Thursday, the firm said that reference share price would be N232.68, which was lower than…
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…
Samsung in partnership with Rifugio Communications has opened a brand store at Lekki.
The firm also announced that the store will offer customers an opportunity to spread payment for products across 12 months.
The newly opened store is a one-stop shop for Samsung products, including smartphones, tablets, accessories, televisions, refrigerators, washing machines, sound bars, and more.
Samsung…