2025
FG to Launch Industrial Revolution Working Group of Tinubu’s Administration
▪︎The Minister of Industry Trade and Investment, Senator John Owan Enoh and Engineer Kola Balogun, Chairman EPAIL during the tour. The Honourable Minister of State for Industry, Federal Ministry of Industry, Trade and Investment, Senator John Owan Enoh, has announced the upcoming inauguration of the Industrial Revolution Work Group (IRWG), comprising representatives of different sectors,…
Access Bank Lagos City Marathon 2025: A Tribute to Legacy, A Celebration of Resilience
As Lagos gears up for the highly anticipated Access Bank Lagos City Marathon on Saturday, February 15, 2025, excitement and emotion run high. This year’s edition is much more than a race, it is a moving tribute to legacy and a celebration of resilience. Under the evocative theme “Miles to Memories,” every stride taken by…
Cadbury Nigeria Celebrates a Remarkable 60-Year Journey!
Cadbury Nigeria Plc, a proud member of the Mondelēz International family and one of the world’s largest snacking powerhouses has reached an incredible milestone, celebrating 60 vibrant years of operation in Nigeria as of January 9, 2025 This thrilling announcement was shared by Frederick Mordi, Head of Corporate Communications and Government Affairs at Cadbury Nigeria,…
Honda and Nissan Scrap Merger Talks
Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped the merger talks that would have created the world’s third-largest automaker by unit sales. AFP reports that the bid to join forces had been seen as a bid to catch up with US titan Tesla and Chinese firms in the electric vehicle market,…
” For every revenue MDAs generate, we must ask: How many jobs are being lost? How many businesses have been forced to downsize or shut down entirely just to meet these revenue targets? The race to generate the highest revenue is killing sustainable enterprises.” –Adewale Oyerinde, Director-General, NECA
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Patronage of Second-Hand Clothing Threatens Employment for Over One Million Nigerian Tailors
The smuggling of second-hand clothing into Nigeria poses a significant threat to the livelihoods of approximately one million five hundred thousand Nigerian tailors. Mr. Alok Bhardwaj, Managing Director of Sunflag Nigeria Ltd., conveyed this critical statistic to the Minister of State for Industry, Trade and Investment, Sen. John Enoh, during a recent visit to the…
President Bola Ahmed Tinubu: “This partnership conversation with Google aligns seamlessly with our Renewed Hope Agenda, which emphasises economic diversification through industrialisation, digitisation, and innovation. This will empower businesses, create new opportunities, and establish Nigeria as a significant player in the global digital economy.”
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Africa Energy Bank to take off Q1: 2025
Exciting developments are on the horizon with the anticipated launch of the Africa Energy Bank (AEB) set for the first quarter of 2025. Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources, has announced that this significant financial institution will be headquartered in Nigeria’s capital, Abuja. With a deadline of January 28, 2025, for its…
Nigeria Customs Service Suspends Implementation of 4% FOB Levy
On Tuesday, the Nigeria Customs Service (NCS) announced a temporary suspension of the implementation of the four percent levy on the Free On-Board (FOB) value of imports. Abdullahi Maiwada, the spokesman for the service, communicated this development in a statement issued from Abuja. The suspension aims to facilitate comprehensive stakeholder engagement and consultations regarding the…