▪︎Cover image: Doris Uzoka-Anite, Minister of Industry, Trade and Investment The latest Nigeria Labour Force Statistics Report Quarter 3,2023, showed that 90.5 percent of women are engaged as self-employed while 84.2 percent of men were self-employed. The reports, released today, by the National Bureau of Statistics (NBS), was funded by the World Bank and the…
▪︎Mr Hans ESSAADI, Managing Director/CEO DESPITE the N51.3 billion spent on advertising and sales promotion by the Nigerian Breweries Plc, the giant brewer reported a N106.3 billion loses for the financial year ended December 2023. Based on this, the Company’s Board of Directors has notified its shareholders that it did not recommend any dividend for…
MEMBERS of the Food Beverage and Tobacco Senior Staff Association, a branch of the Trade Union Congress, the National Union of Food Beverage and Tobacco Employees, and the Nigerian Labour Congress paid a solidarity visit to the Manufacturers Association of Nigeria (MAN). This was in protest against the ban on the production of alcohol in…
Arrays of alcoholic sachets drinks in Nigeria
United Bank for Africa (UBA) Plc has announced the appointments of Mary Mulili, and Mohamed Alhajie Samoura as the new chief executive officers of its subsidiaries in Kenya and Sierra Leone, respectively. In a statement, UBA’s Group Managing Director/CEO, Oliver Alawuba, said that the strategic appointments underscored the bank’s commitment to fostering diversity, empowering local…
The Manufacturers Association of Nigeria (MAN) has honoured the outgoing Regional Director of UNIDO West and Central Africa Sub-Region, H.E Amb. Jean Bakole, with a farewell cocktail party in Abuja, the FCT. The event was attended by Otunba Francis Meshioye, the President of MAN; the DG, Segun Ajayi-Kadir, members of Exco, and other distinguished personalities….
President Macky Sall of Senegal will tomorrow, decorates Alhaji Aliko Dangote, President and Chief Executive Officer of Dangote Group, with the award of the National Order of the Lion. Industrialtimesngr.com learned that the award is the highest order of Senegal and will be bestowed on the foremost businessman on February 2, 2024. Based on this,…
The Bukar Goni Aji-led 37-man Tripartite Committee on National Minimum Wage was launched by Vice President Kashim Shettima at the State House, Abuja on Tuesday, 30th January 2024. The committee’s mission is to recommend a new national minimum wage for Nigerian workers. The committee’s composition includes representatives from the federal government, states government, private sector,…
” We need fair markets, fair global value chains and investment in local value addition.”
▪︎Doris Uzoka-Anite, Minister of Industry, Trade and Investment . The Lagos Chamber of Commerce and Industry (LCCI) says that urgent steps must be taken by the government to save the trade and industrial sectors of the economy from total collapse. In a review of the fourth quarter of 2023, LCCI President, Gabriel Idahosa, pointed out…
