SON to sanction erring manufacturers over Import Permit Abuse

The Standards Organisation of Nigeria (SON) has stated that it would sanction manufacturers who take advantage of the SON import permit to bring in substandard goods, noting that the permit is only used for the importation of raw materials and machinery for local production. The director general of SON, Osita Aboloma said this during a meeting with Manufacturers Association of Nigeria, MAN president and his team to finalise an MoU that could strengthen both bodies. Aboloma explained that SON and MAN have had a robust partnership over the years, adding…

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Kuru expresses sadness over AMCON obligors still occupying leadership positions in Nigeria

Photo Caption: L-R: National President, Nigerian-American Chamber of Commerce (NACC), Otunba Toyin Akomolafe; Dame Debola Williams; Guest Speaker and Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria, Ahmed Lawan Kuru; Vice President, NACC, Mr Ehi Braimah; Director-General NACC, Mrs Joyce Akpata and Honourary Vice President, NACC Alhaji Abayomi Adigun at the NACC’s July 2019 Breakfast Meeting at Oriental Hotel, Lekki Lagos Managing director/chief executive officer, Asset Management Corporation of Nigeria, Ahmed Lawan Kuru, in Lagos today disclosed that the Corporation is working with other sister agencies such as the…

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Forging an era of collaboration between Nigeria and South Africa

By Nonye Mpho Omotola With a South African mother and Nigerian father, I am in the fortunate position of being exposed to the best of both countries and cultures. As such, I can clearly envision the benefits of the two nations coming together and working towards shared common goals. South Africa and Nigeria each have rich cultures and a wealth of human talent, skills and resources in their own right. And both can only grow stronger and progress at a faster rate should these diverse nations join together to work…

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Truecaller unveils user verification solution for mobile web

Truecaller has announced the global launch of its Truecaller SDK solution exclusively for the mobile web platform. With this, Truecaller SDK now supports all the key mobile platforms across Android, iOS, React and now mobile web including Progressive Web App support. Developers can access the mWeb SDK from Truecaller’s global developer portal. Across emerging markets like India and Africa, mobile web based experiences on smart phones are proving to be the first point of discovery for users trying to access products and services online. One of the key challenges in…

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GTBank named best Bank in Africa at Euromoney Awards

…Also emerges best Bank in Nigeria for a record 9th time Guaranty Trust Bank plc has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday, July 10, 2019 at the London Hilton Hotel, Park Lane.  GTBank was also named the Best Bank in Nigeria for a record ninth time, reflecting the Bank’s position as one of the best managed financial institutions in the country, with strong and focused leadership that keep the business in a constant state…

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Access Bank wins 2019 Nigerian Healthcare Excellence Award

Access Bank has been announced as the ‘Outstanding Healthcare SME-Friendly Bank of the Year’ at the Nigerian Healthcare Excellence Award (NHEA) 2019 held recently at the Eko Hotels & Suites, Lagos. This represents a fourth consecutive win at the event, after winning the same award in 2016, 2017, and also emerged winner of the ‘Outstanding CSR Health Project of the Year’ in 2018. The annual Nigerian Health Excellence Award is an initiative of the Global Health Project and Resources, in partnership with Anadach Group, United States. The awards recognise and…

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AMCON, ICPC collaborate to recover N5trillion outstanding debt

Photo Caption  L-R: Executive Director, Asset Management Corporation of Nigeria (AMCON), Dr. Eberechukwu Uneze (left); Managing Director/Chief Executive Officer, AMCON, Mr. Ahmed Lawan Kuru in a handshake with the Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye; Board Chairman, AMCON Dr. Muiz Banire SAN and Executive Director, Operations, AMCON, Mr. Aminu Ismail, when AMCON visited ICPC in Abuja….on Wednesday     The Chairman of Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye on Wednesday in Abuja disclosed plans by the…

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AMCON debt recovery would be enhanced if judiciary, stakeholders, play their roles- Justice Kafarati

Photo Caption: L-R: Hon. Justice J.T. Tsoho who represented Justice Abdul. A. Kafarati, the Chief Judge of the Federal High Court; Mr. Ahmed Lawan Kuru, Managing Director/CEO of Asset Management Corporation of Nigeria (AMCON) and Justice Ijeoma L. Ojukwu at Rose Ukeje Hall, Federal High Court Complex, Abuja…at the weekend.   The Chief Judge of the Federal High Court, Hon. Justice  Abdul A. Kafarati has again reminded the nation that the success of Asset Management Corporation of Nigeria (AMCON) in the discharge of its recovery mandates would only be enhanced…

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SEC opposes joinder of Oando in suit by 2 CEO

Counsel to the Securities and Exchange Commission (SEC) Chief Anthony Idigbe (SAN) on Monday, opposed an application for joinder, in a suit before a Federal High Court Lagos, by two Chief Executive Officers of Oando Plc, seeking rights enforcement. The suit was filed by the Group Chief Executive Officer (GCEO) of Oando Plc, Mr Adewale Tinubu, and his Deputy, Mr Omamofe Boyo, seeking enforcement of their Fundamental Rights. Recall that on May 31, the SEC had ordered the applicants and other affected board members to resign, over alleged infractions. On…

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Interswitch CMO, Eromosele named  ‘one of 10 most inspiring women in Nigeria’

Photo Caption: (L-R) Favour Benson, President, JTAH Foundation; Erelu Abiola Dosunmu, Erelu Kuti IV of Lagos and Cherry Eromosele, Chief Marketing and Communication Officer, Interswitch during the JTAH annual National Women and Girl-Child Stakeholders Conference held recently in Lagos. Jashabel Touch A Heart (JTAH) Foundation has named Cherry Eromosele, chief marketing and communication officer of Interswitch Group, as one of the ‘10 most inspiring women in Nigeria’.  The Foundation said the initiative was aimed at rewarding hard work among Nigerian women. She was named alongside other female trailblazers at the…

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