Key Lessons from Nigeria’s Economic History at 65
Nigeria has faced eight recessions since independence, primarily due to oil shocks and fiscal mismanagement.
September 2025
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CPPE Applauds Progress in Domestic Oil Refining Capacity
Image: General view of the newly-commissioned Dangote petroleum refinery in Ibeju-Lekki, Lagos, Nigeria, May 22, 2023. REUTERS/Temilade Adelaja/File Photo. Centre for the Promotion of Private Enterprise (CPPE) has praised the progress made in increasing domestic oil refining capacity and reducing imports, as output rose from 11.5% to 15.78% in the second quarter GDP report of…
Glaxosmithkline UK Announces Luke Miels Next CEO from January 2026
Luke Miels will take over on January 1 from Walmsley, who will have been at the helm for almost nine years, GSK said in an unexpected announcement.
MAN – Nigeria Customs Sign Policy Document for Supporting Manufacturing Sector
One of the major announcements from the meeting was the approval of strategic exemptions from the 4% FOB surcharge for several categories of manufacturers.
UNIDO’s ITEQ Rice Project Elevating Ghana’s Rice Future
” Before, we spent hours picking out stones and foreign materials by hand,” Amadu shares. “It was tiring and time-consuming. Now, machines do that for us.”
Govt Demolishes Buildings Worth N3bn at Lagos Trade Fair Complex
A visibly agitated plaza owner, who arrived while his shop was being pulled down, screamed from his car that no notice was served before the bulldozers moved in.
Afreximbank, AAAM renew MoU to boost local automotive manufacturing
Ms Biene, President of AAAM, said ” Afreximbank has been a phenomenal partner in our quest to drive growth and industrialisation of the automotive industry on the continent.
Nigerian Manufacturers Oppose Upcoming Tax Stamps for Excisable Goods
Ajayi-Kadir emphasised that while the government sees the tax stamp as a way to curb smuggling and counterfeiting, and to enhance transparency, the global evidence does not support its efficacy.
Is Nigeria’s First Policy Working?: N15trn imported Manufactured Goods Flood Nigeria HY 2025 – NBS
Reacting, the Director-General of the Manufacturers Association of Nigeria, Segun Ajayi, explained that the deficit is not only a result of consumer choices but also of government procurement patterns.
