
Smuggling, gas, FX threaten survival of Lucky Fibres
Incessant smuggling of textile products into Nigeria, gas shortages and foreign exchange scarcity are threatening the survival of one of the few surviving carpet and rug makers in the country, Lucky Fibres Nigeria plc. “Influx of substandard carpets has been a very big challenge for us,” Kemi Ajibade, head of human resources at Lucky Fibres.
Related Posts
Cheap Office Supplies May Be Draining Your Wallet
October 9, 2014
NAPSI)—Anyone who thinks of a printer’s toner cartridge as a mere vessel might be...
Take these steps to stay safe from counterfeit software and fraudulent subscriptions
April 2, 2018
Software piracy and fraudulent subscriptions are serious, industry-wide problems...
1,912 bottles of IMFL seized, 2 held
February 24, 2023
According to the release, Raval was caught in possession of 1,372 bottles of...
Illicit tobacco chain has devastating costs
August 6, 2015
With the recently reported court cases about Bradford being a hotspot for trading...