China’s firm Sailun studies future of tyre business in Nigeria

By Augusta Uchediunor  A Chinese firm, Sailun Tyres, says it is working toward helping Nigeria to sustainably develop its economy through effective road transportation. The Executive President of the company, Mr Xie Xiaohong, who led a 13-member delegation to Nigeria, disclosed this on Monday during an interactive session with someContinue Reading

Coldhubs unveils 5 units 20- tonnes refrigeration trucks to curb food wastage

By Fabian Ekeruche ColdHubs, manufacturers of solar powered cold rooms, has unveiled  five units, 20-tonnes refrigerated trucks into its refrigeration transportation services in Nigeria. The News Agency of Nigeria(NAN) reports that the five additional refrigerated trucks make it a total of seven trucks ColdHubs is deploying to ensure the safeContinue Reading

PAPSS, 5 African multinational banking groups sign MOUs on new Settlement Model

      The Pan-African Payment and Settlement System (PAPSS,) has signed Memorandums of Understanding (MOUs) with five African multinational commercial banking groups for seamless cross-border trade payments. The groups include Standard Bank Group, Access Bank Group, Ecobank Group, KCB Group, and UBA Group. These significant partnerships aim to revolutioniseContinue Reading

Vitafoam, I-Create Club recognise 6 pupils for creative excellence

By Rukayat Moisemhe Vitafoam, a prominent foam manufacturing company, has partnered I-Create Club to award six exceptional primary school pupils for their outstanding achievements in a creative competition. Mr Taiwo Adeniyi, the Group Managing Director, Vitafoam, said this in a statement on Wednesday in Lagos. Adeniyi said the competition wasContinue Reading

Jumia expands e-commerce to rural areas

By Rukayat Moisemhe Jumia, a leading pan-African e-commerce platform, has reiterated its commitment to driving economic growth through the expansion to secondary cities and rural areas to close the inequality gap. Mr Massimiliano Spalazzi, the Chief Executive Officer, Jumia Nigeria, said this at the launch of its Rural Area ReportContinue Reading

Subsidy removal ‘ll address monopoly, open up new energy sources – ICSAN

By Rukayat Moisemhe The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has lauded the President Bola Tinubu-led administration’s tempo at addressing salient economic issues such as fuel and electricity subsidy removal. ICSAN outgoing President, Mr Gbenga Owokalade, said this at a news conference on Friday in Lagos. OwokaladeContinue Reading