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MAN wants FG to review procurement thresholds, preference for local goods

Worried about the lack of competitiveness of local manufacturing companies as a result of inadequate infrastructure, operating environment and low patronage, manufacturers have charged the Federal Government on the need to revisit its procurement thresholds and integrate them in the value-chain. According to the Manufacturers Association of Nigeria (MAN), integrating local

Bank of Industry, others move for healthier SMEs

The Bank of Industry (BoI), Small and Medium Enterprises (SMEs), commercial banks and other financial institutions, yesterday at the Funding Space 2017 business gathering proffered solutions towards financing businesses and organisations. The event, which took place at the Landmark Centre, Victoria Island, Lagos, had in attendance business tycoons, entrepreneurs and hosts

Telecoms union to complete 5G standardisation by 2019

ITU may give 2018 conference to Africa With a charge on countries including Nigeria, South Africa, Kenya, Egypt to champion next generation technologies in terms of use and adoption, the International Telecommunications Union (ITU) is hoping to complete all standardisation around the Fifth-Generation (5G) networks by 2019. ITU Secretary-General, Houlin Zhao,

Fashola tasks transmission substations on maintenance culture

The Minister of Power, Works and Housing, Babatunde Raji Fashola, has tasked transmission substations in Nigeria on regular maintenance of their equipment. The Minister said this at the inauguration of Transmission Company of Nigeria (TCN)’s 60MVA Mobile Transformers at Ajah 330/132/33kv transmission substation in Lagos. Fashola said lack of maintenance of equipment