Industry
Air Peace has reacted to concerns raised by the UK CAA after it was reported to the Nigerian Civil Aviation Authority (NCAA) for alleged violation of standards.
NAFDAC has announced that a Nigerian skin-lightening cream was rejected in Europe for containing harmful hydroquinone levels and has asked Nigerians to be careful.
World Bank projected that 70% of the nations in the region will see higher growth than the average, while the remaining 50% will experience slower growth.
In the first quarter of this year, foreign exchange-related losses for eight manufacturers—including Dangote, BUA, and Lafarge—rose to N627.7 billion.
The United Kingdom Civil Aviation Authorities (UK CAA) have reported that, Air Peace, to the Nigerian Civil Aviation Authorities for safety violations.
About 25 companies from Nigeria made the list of 125 fastest-growing companies in Africa, while South Africa came first with about 42 companies on the list.
The installation of CNG pumps across Nigeria has risen significantly by 233% as Nigeria moves to pivot away from petrol to CNG-powered vehicles in the country.
International Breweries has joined other consumer goods companies in announcing an increase in the prices of its popular brands, citing the cost of production.
The Nigerian police have arrested a branch manager of a popular tier-1 bank in Osogbo for allegedly defrauding thirty-five customers of N650 million.
Industry
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