The Nigerian Communications Commission and the Central Bank of Nigeria have launched a portal that enables financial institutions to track fraudulent and suspicious phone lines across the country. The Telecoms Identity Risk Management System ( TIRMS) portal, was unveiled during a Memorandum of Understanding signed between both regulators, is expected to enhance transparency, boost confidence…
• Francis Meshioye, the President of MAN, address participants during the AGM /MiNE exhibition For 53 consecutive years, the Manufacturers Association of Nigeria (MAN) has been passionately urging Nigerian households and all levels of government to prioritize buying locally made, high-quality products. Do these patriotic calls imply that Nigerians should refrain from purchasing any foreign-manufactured…
Business Council for Africa (BCAfrica) has isolated Morocco, Egypt, South Africa and Mauritius as the only economies with the alignment required to sustain industrial growth, while Rwanda and Nigeria show meaningful progress but remain incomplete in their trajectory. BCAfrica disclosed this in its just launched 2025 Real Economic Development (RED) Index on industrial development in…
Segun, 62, the grandson of the deceased sage, Chief Obafemi Awolowo, was a lawyer by profession.
Also speaking on the launch, Simbiat Bada, Managing Director, Stockbroking, said:”This launch reflects the strength of the Zedcrest Group model.
▪︎Yemi Cardoso, current Governor of CBN (BusinessDay) Here is a list of the Central Bank of Nigeria (CBN) Governors from 1958 till date, along with brief biographies: 1. Roy Pentelow Fenton (1958-1963): Roy Fenton was the first Governor of the Central Bank of Nigeria.He played a significant role in establishing the central bank during Nigeria’s…
The beneficiary companies include Nigeria Machine Tools Limited, Nigerian Foundries Limited, Momas-Epail MIC (MEMCOL) Limited and the National Agency for Science and Engineering Infrastructure (NASENI).
over the past several decades, Nigeria has pursued industrialisation as a central pillar of its economic transformation agenda as successive governments have introduced numerous industrial strategies to diversify the economy, expand domestic production..
It’s for the players, e.g., Innoson, PAN in Kaduna, and JAC. For example, for INNOSON to move to the next level, it may need some funding in millions of dollars.
PZ Cussons Plc and Wilmar International Limited have agreed definitive terms for Wilmar to purchase the 50 percent equity stake in PZ Wilmar Limited held by PZ Cussons Plc, for a cash consideration of $70 million.” A statement by the company , said that the transaction, which is subject to regulatory approvals, is expected to…
