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Fresh Price Hike: Manufacturing, SMEs may shut down – MAN, LCCI warn

Fresh Price Hike: Manufacturing, SMEs may shut down – MAN, LCCI warn

News September 5, 2024 at 6:30 am 0 comments

    The Manufacturers Association of Nigeria (MAN),  and the Lagos Chamber of Commerce and Industry (LCCI), have warned that the recent petroleum price hike may sound the death knell of the nation’s manufacturing sector, and force small businesses to shut down.     The two groups gave the warnings,  in separate  statements, issued  on Wednesday, in reaction to theRead More

Intensify efforts at metering Nigerians – LCCI urges FG

Intensify efforts at metering Nigerians – LCCI urges FG

News September 3, 2024 at 7:19 am 0 comments

  The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to intensify its efforts at  providing electricity meters to consumers in the power sector, as a way of enhancing confidence in the sector.     The Chamber, in a statement issued on Monday, by its Director General, Dr. Chinyere Almona, on the nation’s  2024 SecondRead More

Why we set up NSIB -ARCON

Why we set up NSIB -ARCON

News September 2, 2024 at 7:21 am 0 comments

  DG, ARCON, Lekan Fadolapo   The Advertising Regulatory Council of Nigeria (ARCON) has  explained that the establishment of the continent’s first indigenous stock image bank, the Nigeria Stock Image Bank (NSIB),  was informed by the need to further sanitise the industry, enhance local contents and create more jobs.     It further stated that the step has become imperativeRead More

You are to protect consumer rights, not control prices – CPPE tells FCCPC

You are to protect consumer rights, not control prices – CPPE tells FCCPC

News September 2, 2024 at 6:51 am 0 comments

    The Centre for the Promotion of Private Enterprise (CPPE) has asked the Federal Competition and Consumer Protection Commission (FCCPC) to concentrate on its statutory task of ensuring consumers’ rights are not violated, and not turn itself into a price control agency.     The Centre gave the advice against the background of the recent directive, given by FCCPC,Read More

Stanbic IBTC Bank Reward4Saving Promo produces 70 more winners

Stanbic IBTC Bank Reward4Saving Promo produces 70 more winners

News August 27, 2024 at 7:36 pm 0 comments

  Stanbic IBTC Bank’s Reward4Saving 3.0 promo has announced 70 more lucky winners in the July draw, each receiving a cash prize of ₦100,000. 10 winners were selected from the Bank’s seven business zones during the 11th monthly draw held at the Bank’s head office in Victoria Island, Lagos.     Since the commencement of the third season of theRead More