▪︎Yemi Cardoso, current Governor of CBN (BusinessDay) Here is a list of the Central Bank of Nigeria (CBN) Governors from 1958 till date, along with brief biographies: 1. Roy Pentelow Fenton (1958-1963): Roy Fenton was the first Governor of the Central Bank of Nigeria.He played a significant role in establishing the central bank during Nigeria’s…
Chioma Egodi, who was accused to have projected Erisco Foods Limited’s Nagiko Tomato Mix, in a bad light on a social media platform, has apologised to the company, said Human rights lawyer, Inibehe Effiong. Industrial Times learned that Egodi made a comment about the product that annoyed the manufacturer . Consequently, she was arrested by the…
▪︎Cover image credit: MAN NIRAM Exhibition photo The President of the Port Harcourt Chambers of Commerce, Industries, Mines and Agriculture (PHCCIMA), Mr. Mike Elechi, has given insights into the economic benefits of participations in international trade fairs by both local and foreign exhibitors. The economic importance of trade fair is very enormous. It is an…
▪︎Cover image: Mr. Jaafar Harti, MD of Dolidol Group The Dolidol Group, a Morocco based foam mattress giant, is agressively expanding its tentacles through the acquisition of existing manufacturing plants in West, East and North Africa. This is even as the global mattress market is valued at $32.83 billion in 2022, and is expected to…
▪︎Labour Strike The Organised Private Sector Nigeria (OPSN) has condemns the incessant bickering between the Federal Government and the labour unions- National Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC), saying it poses a serious threat to the country’s economy. The OPSN members are Manufacturers Association of Nigeria(MAN); Nigerian Association of Chambers of…
▪︎CBN Governor, Dr. Olayemi Cardoso. The Centre for the Promotion of Private Enterprise [CPPE] has called for a fresh recapitalisation of the banking industry in Nigeria. Dr. Muda Yusuf, CEO of the CPPE, made the call in a ten point agenda for the new Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso. He…
▪︎Minister of Industry, Doris-Anite The Centre For The Promotion of Private Enterprise (CPPE) says that statistical data from the Small and Medium Enterprises Agency of Nigeria [SMEDAN], and the National Bureau of Statistics (NBS) are valuable resources for the government’s economic policy makers . Dr. Muda Yusuf, the CEO of CPPE, made this known during…
By Franklin Ocheneyi “IT’s high time compressed natural gas (CNG) and liquefied natural gas (LNG) powered vehicles ply Nigerian roads because of their environmental friendliness and sustainability.” This declaration was made recently by Otunba Francis Meshioye, the President of the Manufacturers Association of Nigeria (MAN). His expectations of running Nigeria on green energy vehicles, was…
“Between January and July 2023, Dangote Cement consumed over 34,800 metric tonnes of alternative fuel materials for its operations.” The alternative fuels includes tyre chips, waste oils, and agricultural waste such as palm kernel shells and rice husks. This was disclosed by the Head of Sustainability, Dangote Cement Plc, Obajana Plant, Dr. Eseosa Ighile. ”…
▪︎UBA’s Group MD/CEO, Mr. Oliver Alawuba United Bank for Africa (UBA) Plc says that harmonization of currency exchange rates by the Central Bank of Nigeria, impacted positively on its earnings in the half year ended June 30, 2023. In a statement, UBA’s Group Managing Director/Chief Executive Officer, Mr. Oliver Alawuba, said: “The Group recorded strong…
