The Nigerian Association of Chambers of Commerce ,Industry, Mine and Agriculture (Naccima) has  expressed concern over the poor performance of the economy saying  that  life has become poor, nasty, brutish, and short for the citizenry.

Importers of second-hand vehicles will now have to get the Standards Organisation of Nigeria Conformity Assessment Programme (Soncap) before they can bring them into the country, according to Dr. Joseph Odumodu, director-general of the Standards Organisation of Nigeria (Son).

Mr. Babatunde Fashola of Lagos State has advocated a further nurturing of the business relationship between Nigeria and Singapore through visits by Singaporean entrepreneurs to Lagos and Nigeria.  

Vietnam seeks to develop its relationship with Nigeria in economics, trade, industry and investment, estimated at $3 billion annually, a Vietnamese trade official has said.

Eko Hotel & Suits, Victoria  Island, Lagos will  this  Friday  be agog with activities  as BusinessWorld, a leading business weekly in the country officially presents  awards to  the Nigerian companies that came tops  in the performance ranking of  top 100 quoted  companies in Nigeria as contained in 2011 edition  of BusinessWorld  100  publication.

he  federal  government  has  embarked  on  a frantic search for companies  willing  to  manufacture electric bulbs  in the country, according  to Dr. Joseph Odumodu,  director-general of the Standards Organisation of Nigeria (Son) ,who  also  attributed  influx of  sub-standard bulbs estimated  at N500 million annually, to the country, to the absence of such companies.

The Organised Private Sector (OPS) has taken a swipe on the federal government policies saying that rather than address the hydra-headed socio-economic problems that have engulfed the country, government policies have worsened the hardship as poverty continues to rise. It also noted that the planned removal of subsidy on fuel will only worsen the already bad situation in which Nigerians found themselves.

agos State will be losing about N30 billion  annually, as Nigeria Liquified Natural Gas Limited (NLNG) relocates its head office from Lagos to Port Harcourt  in the next 40 days, in what observers and oil and gas industry players describe as a major economic relocation in the last ten years.