Electricity tariff’s Bone of Contentions Between MAN, DisCos and NERC
A company told me that it was paying N7-8 million before, now it is paying N32 million.
2024
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World Bank Confirms MAN’s Position on Failures of CBN’s Rate Hikes to Tame Inflation
MAN, in its advocacy, observed that the sustained monetary policy tightening by the CBN for more than two years has not brought down inflation.
Dangote: Oil Mafias Try Severally To Stop $19bn Refinery
In a system where for 35 years people are used to counting good money, and all of a sudden they see that the days of counting that money have come to an end, you don’t expect them to pray for you.
Highlights of African Trade Report 2024, by Yemi Kale
It provides an analysis of the economic environment, trade patterns, debt scenarios, and future projections for African economies.
Afreximbank Loans Fidelity Bank $40mn to Boost Trade Flows Between Nigeria, UK
In the words of the MD/CEO of Fidelity Bank, Dr (Mrs) Nneka Onyeali-Ikpe, ‘We are very thankful to Afreximbank for supporting our expansionary initiatives for international growth.
After Oil Refinery, Dangote Eyeing Investment in Steel Manufacturing
Data from the National Steel Raw Materials Exploration Agency (NSRMEA), shows that total steel consumption in the country averages around 10 million metric tonnes of which 70 percent is imported.
SON Sanitizes Electrical Markets in Ekiti, Seizes Cables Worth N30.5m
The SON, he stressed, would not relent in its mandate of ensuring that only quality products are allowed in the markets.
How Franchising Kills Mr Bigg’s
Mr Bigg’s had more than 170 outlets in South West Nigeria then, but now more than 95 percent of them are inactive. Some have been leased out, sold or closed down.
Dangote Sinotruck $100mn CKD Assembly Plant in Lagos
The plant has the capacity to assemble and produce 10,000 trucks annually. It is a joint venture, controlled by Dangote with a leading share of 65% and Sinotruck of China with 35%.
Guinsss Nigeria: Tolaram Becomes New Owner As Diageo Exit
Haresh Aswani, Managing Director, Tolaram Africa, said: “We are thrilled to welcome Guinness Nigeria, a company with such a rich legacy and strong consumer loyalty, into our ecosystem.