▪︎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…
A ceremony to formally install Alhaji Tijjani Borodo as the 18th President and Chairman of Governing Council of the Chartered Institute of Directors Nigeria (CIoD Nigeria) will hold this week Thursday in Lagos. In a statement, Mr. Dele Alimi, the Director – General/ Chief Executive Officer of CIoD Nigeria, said that the high-profile event will…
▪︎Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite The Commerce and Industry Correspondents Association of Nigeria (CICAN) has enjoined the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, to let her impacts be felt on the sector. In a statement from the Association’s Secretariat in Lagos, and signed by its President, Charles Okonji,…
The 18th edition of the Abuja International Trade Fair will hold from 29th September to 9 October 2023. Director General of the Abuja Chamber of Commerce and Industry (ACCI), Dr. Victoria Akai, said at a press conference, yesterday.She said that this year’s fair with the theme, ‘Sustainable Financing and Taxation,’ would be as a platform…
FOUR existing and new Indian companies have pledged to invest about 14 billion US dollars in Nigeria The investments will go into fertilizer, steel, power, and telecoms. The companies promising these investments are : Indorama Petrochemical Limited; Jindal Steel and Power Limited; SkipperSeil Limited , and Bharti Enterprises. Here’s the breakdown of the investments promised…
Minister of Solid Minerals, Oladele Alake,
