Consumers
Lagos chamber projects positive economic recovery by Q2
The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the Nigerian economy in the second quarter of 2021. Mrs Toki Mabogunje, President, LCCI, addressing journalists at the first edition of the chamber’s quarterly news conference, said the projection was subject to the absence of major economic shocks. Mabogunje, however, said that the projected recovery was expected to be subdued within the region of one per cent. “Projections by the World Bank and the International Monetary Fund put Nigeria’s annual average growth for year 2021 at 1.1 per cent and 1.5 per cent, respectively. “Expectation of slow growth momentum reflects the lingering effects of the pandemic on the Nigerian economy and prospects of stricter containment measures considering th...
SON: We have initiated more measures to tackle importation of substandard products into Nigeria
File Photo The Standard Organisation of Nigeria (SON) said it has devised more efficient measures against importation of substandard products to protect local manufacturers in the country. The Director-General of SON, Mallam Farouk Salim stated this during a visit to the organization’s office in Awka, Anambra State, on Saturday. According to Mallam Salim, the agency will continue to discourage importers of substandard products from short-changing unsuspecting consumers. He also announced plans to improve workers welfare and increase engagement with stakeholders in the country, noting that the move by the agency would help protect the interest of the business community while also safeguarding life and property. The Director-General assured that the organization would work with stakeholders ...
Holiday shopping moves online amid surging coronavirus, retailers face shaky prospects
File Photo Long lines and crowds at shopping centers have been as much a Thanksgiving tradition as the turkey dinner, but this year, things could look different. As COVID-19 numbers continue to surge, rushing to brick-and-mortar retail stores might seem not so appealing to many, and the holiday shopping season is moving online. “More and more shopping was already moving online, but COVID-19 concerns are definitely accelerating the shift to online buying,” David Reibstein, a marketing professor from Wharton School at the University of Pennsylvania, told Xinhua. The trend is evident as shown by recent data. Walmart, the nation’s largest retailer, reported that its third-quarter e-commerce sales surged 79 percent from a year ago. Amazon, the largest e-commerce retailer, reported a 37 percent ...
FAO: Drug resistant diseases threaten to become next pandemic
Antimicrobial resistance (AMR) is threatening to turn into the next pandemic with serious implications for global health, agri-food systems and economies, the Food and Agriculture Organisation of the United Nations has warned. The post FAO: Drug resistant diseases threaten to become next pandemic appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Coronavirus vaccine eclipses US elections as economic game-changer
It started on Monday when Pfizer announced that the COVID-19 vaccine it is developing with Germany’s BioNTech proved 90 percent effective in a late-stage trial. The post Coronavirus vaccine eclipses US elections as economic game-changer appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Manufacturers urges Nigerian government to review levies on imported electricity meters
The Electricity Meter Manufacturers Association of Nigeria (EMMAN) has appealed to the Federal Government to review its levies on imported electricity meters to promote full local content in the production of pre-paid meters. The appeal is coming on the heels of President Muhamadu Buhari’s approval of one year deferment of the 35 percent import adjustment tax (levy) imposed on fully built unit (FBU) electricity meters HS Code 9028.30.00.00 under the 2019 fiscal policy measures for the implementation of Economic Community of West African States (ECOWAS) common external tariff (CET) 2017 – 2022. EMMAN believes the approval is an incentive for mass importation of pre-paid meters as against upscaling of local production. It noted that it takes an average of three months to set up Semi Knock Do...
WSJ: Apple, Ford, and Disney push back on Donald Trump’s WeChat ban
Several major US companies have expressed their concern over the effects of the Trump administration’s executive order targeting WeChat, according to a report in The Wall Street Journal. “More than a dozen” companies including Apple, Ford, Walmart, and Disney are all said to have taken part in a call with White House officials on Tuesday where the companies detailed the adverse consequences that a ban on WeChat could have on their own businesses. The post WSJ: Apple, Ford, and Disney push back on Donald Trump’s WeChat ban appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, shari...
Microsoft sees growth amid pandemic computing demands
Microsoft on Wednesday reported rising revenues in the past quarter amid strong demand for cloud computing services from pandemic-hit businesses and consumers and big gains in its Xbox gaming operations. Profits in the quarter ending June 30 fell 15 percent to $11.2 billion, the result of increased tax charges compared with a year ago. Revenue meanwhile rose 13 percent to $38 billion, led by strong gains in its cloud computing and its Xbox gaming services. Chief executive Satya Nadella said Microsoft was equipped to deal with the coronavirus pandemic with its “integrated, modern technology stack.” “We are seeing businesses accelerate the digitization of every part of their operations from manufacturing to sales to customer service,” Nadella told a conference call. Microsoft shares dipped s...
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