Court disbands My Pikin company, jails employees 28 years

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A Federal High Court, Lagos has wound up Barewa Pharmaceutical Ltd, the manufacturer of My Pikin Baby Teething Mixture, which allegedly killed about 80 babies in 2008.

Justice Okechukwu Okeke, in his judgment on Friday, also sentenced two of company’s employees to a total of 28 years imprisonment.

BEST SEO SERVICE NIGERIA SCAM ?

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Airtel Named Telecoms Company Of The Year

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For its consistency in pioneering innovation in the telecoms industry and in recognition of its efforts at building a pan Nigeria 3.75G Internet Network coverage, Airtel Nigeria has been named the Telecoms Company of the Year, 2012 by foremost celebrity magazine, City People. 

Newly appointed Managing Director and Chief Executive Officer of the Leading Telecommunications Services provider, Segun Ogunsanya was also named the CEO of the Year for his inspirational leadership and past achievements at leading multinational organizations to attaining business success.

The honours were bestowed on Airtel yesterday, Sunday, March 31st, 2013 at a colourful celebration that attracted hundreds of renowned politicians, A-list Multinational organizations, celebrities, entrepreneurs and societal bigwigs. The event held at Balmoral Hall, Oregun, Lagos.

Nigeria Signs Power-Company Sales Pacts With Siemens, Transcorp

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Nigeria signed deals for the sale of 15 state power companies to buyers including Siemens AG (SIE), Korea Electric Power Corp. (KEP) and Transnational Corp. of Nigeria Plc, the West African nation’s privatization agency said.

The buyers now have 15 days to pay 25 percent of the amounts they bid, the Abuja-based Bureau of Public Enterprises said today in an e-mailed statement. The Nigerian government sold 10 power distributors and five generation companies in September and October. Full payment is due within 90 days.

UK builder unveils management services company

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Leading United Kingdom builder, Barratt, has announced that it is to launch an in-house management services company for London developments.

Called Barratt Residential Asset Management, the firm said it aims to ensure Barratt’s customer service is extended through the life of the company’s developments.

Barratt London is the first developer outside the retirement sector to launch an in-house management company and this builds on the company’s commitment to customer service which already includes Barratt’s unique five year warranty, according to propertywire.com.

The objective will be to give the company a competitive edge in large leasehold developments where the management of common areas and service charges can become an issue. It is structured not to be profitable in its own right.

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Source : punchng[dot]com