Julius Berger Celebrates Loyalty and Excellence Among Employees 

Adetutu A. ARD 16 December 2024

Julius Berger Nigeria Plc has celebrated 795 long-serving employees, recognizing their dedication and impact on the company’s success. The 2024 Long Service Awards ceremony, held in Abuja, emphasized the importance of employee loyalty in achieving growth and innovation. The Managing Director,

Emzor Commits N1bn to Combat Drug Abuse and Empower Youths 

Adetutu A. ARD 13 December 2024

Founder/Group Managing Director of Emzor Pharmaceutical Industries Limited, Dr. Stella Okoli Emzor Pharmaceutical Industries Limited has announced the launch of a ₦1 billion foundation dedicated to addressing the growing challenge of drug abuse in Nigeria. The initiative, unveiled at the company’s 40th Anniversary Dinner in Lagos, aims to provide critical care and

FG to Create 25,000 Jobs Through Lagos Textile Zone 

Adetutu A. ARD 25 November 2024

The Federal Government is set to generate over 25,000 jobs from the Lekki Textile and Garment Special Economic Zone (SEZ) located in Eyin-Osa, Epe, Lagos State. This project is expected to create 5,000 direct jobs and more than 20,000 indirect opportunities, according to Dr. Olufemi Ogunyemi, Managing Director of the Nigeria Export Processing Zones Authority […]

Eva Pharma Launches Affordable Diabetes Medications in Nigeria 

Adetutu A. ARD 22 November 2024

Pictures of The Event. Photo credit : Eva Pharma Eva Pharma, a leading pharmaceutical company, has introduced a new range of diabetes medications in Nigeria, promising top-quality healthcare solutions at pocket-friendly prices.  New Medications to Manage Diabetes and Its Complications  At a recent event in Lagos, Eva Pharma unveiled three key medications:     

FG Launches SCALE Project to Boost Local Industries with Consumer Credit 

Adetutu A. ARD 21 November 2024

The Federal Government, through the Nigerian Consumer Credit Corporation (CREDICORP), has launched a new initiative tagged Securing Consumer Access for Local Enterprises (SCALE). This project aims to promote Nigeria’s local industries by providing consumer credit specifically for purchasing goods and services from local vendors and manufacturers.   President Tinubu’s

NAFDAC Urges Businesses to Prioritize Accurate Branding and Regulatory Compliance 

Adetutu A. ARD 18 November 2024

The National Agency for Food and Drug Administration and Control (NAFDAC) has called on Nigerian businesses to prioritize adherence to health and safety regulations, particularly focusing on accurate branding and proper handling of regulated products.  Importance of Regulatory Compliance  During a panel session at the 2024 African Retail Congress in Lagos, NAFDAC

Pharmaceutical Manufacturers Urge NAFDAC to Fast-Track Product Approvals for Local Production 

Adetutu A. ARD 1 November 2024

Local pharmaceutical manufacturers are calling on the National Agency for Food and Drug Administration and Control (NAFDAC) to speed up the approval process for their products. With the recent exit of major multinational pharmaceutical companies from Nigeria, local manufacturers are ready to fill the gap in medicine supply, but they need quicker regulatory support.  Local

Expansion of Small Business Grants and Loans to Boost Nigerian Entrepreneurs 

Adetutu A. ARD 17 October 2024

In a bid to strengthen the Nigerian economy, the government and private sector are expanding programs that provide small business grants and loans to entrepreneurs. These initiatives aim to empower small and medium-sized enterprises (SMEs), create jobs, and stimulate local economic growth.  Government-Backed Grant Programs  The Nigerian government, through the Bank of

Nigerian Government Adopts 88 Safety Standards for CNG Vehicles 

Adetutu A. ARD 14 October 2024

In a bid to enhance safety and sustainability, the Federal Government has adopted 88 international standards for Compressed Natural Gas (CNG) products to support the nationwide rollout of CNG initiatives. This move is aimed at ensuring a smooth transition to CNG systems in vehicles while guaranteeing the use of high-quality products in Nigeria. The Director-General […]

FG Removes VAT on Diesel and Cooking Gas to Boost Energy Sector 

Adetutu A. ARD 3 October 2024

Finance Minister, Olawale Edun The Federal Government has announced new tax relief measures to encourage investment in Nigeria’s oil and gas sector. As part of this initiative, the government has stopped charging Value Added Tax (VAT) on key energy products such as diesel, cooking gas (LPG), Compressed Natural Gas (CNG), and electric vehicles.  Tax Exemptions […]