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THE Standards Organisation of Nigeria (SON) said today that it has sealed the premises of Mate Energy allegedly for producing substandard engine oil. The agency advised users of uncertified engine oil to be cautious in purchasing the product. The Director-General, SON, Farouk Salim, gave the advice during a standards enforcement …

President Muhammadu Buhari on Thursday in Madrid, extended fiscal investment incentives to Spanish investors to ramp up a long-term business partnership between the two countries. This was as he said, increased collaboration with African nations kike Nigeria could be what all of Europe needs to mitigate against both current and …

The Nigerian Ambassador to the United Arab Emirates, Mohammed Dansatta-Rimi, has hailed the foresight of the Director-General of the National Automotive Design and Development, NADDC, Jelani Aliyu, for the Nigerian auto industry. He also hailed him for his efforts in developing the automotive industry in the country.  The Ambassador made …

The Nigerian Export Promotion Council, NEPC, is targeting the $2.7 trillion African market through the instrumentality of e-commerce. Speaking at the launch of Agogo Africa supported by NEPC and African Union on Tuesday in Abuja, the Chief Executive Officer, NEPC, Dr Ezra Yakusak, said e-commerce had become a big industry, …

President Muhammadu Buhari departs Abuja Tuesday for Madrid, Spain as head of an 11-man delegation on a State Visit to the European nation at the invitation of the Spanish President, Pedro Sanchez. According to a release issued by his Media Adviser, Femi Adesina, during the visit, the first by the …

President Muhammadu Buhari has met with the governors of the All Progressives Congress on Tuesday ahead of the party’s convention. The president’s Special Adviser on Media and Publicity, Femi Adesina, made the outcome of the meeting known in a statement titled, ‘We must show positive qualities of APC at our …

The World Trade Organisation has said that it is finding ways to prevent member countries from hoarding their food and avert global food crisis. The WTO Director General, Ngozi Okonjo Iweala, said the over three-month Russia-Ukraine crisis is posing a huge threat to global grain supplies. She also admitted that …

Nigeria’s Ambassador to the World Trade Organization, Dr. Adamu Mohammed Abdulhamid has emerged the Chairman of the Committee on Trade facilitation of the WTO. His emergence is contained in a letter written by Mr Christopher O’Toole to all Heads of Delegations and WTO Members. The letter said that Abdulhamid will …

The United States of America (USA) Ambassador to Nigeria, Mary Beth Leonard at the weekend disclosed that Nigeria would continue to be eligible for preferential trade access to the US market under the AfricanGrowth and Opportunity Act (AGOA). Leonard on a visit to the Minister of Industry, Trade and Investment, …

A former Anambra State Governor, Peter Obi, has joined the Labour Party few days after dumping the main opposition party, Peoples Democratic Party, saying the party is the right platform that aligns with his aspiration. According to him, he had chosen a route that he considered to be in line …