◇ GEF Council The Global Environment Facility’s governing body has approved more than $700 million for nature protection and renewal projects, including support for the Great Green Wall and investment in large-scale initiatives for sustainable cities, cleaner industries, improved ocean and land health, and greater climate change resilience. The funding from the GEF Trust Fund, Least…
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L-R: Otunba Francis Meshioye, President MAN; Wamkele Keabetswe Mene, Secretary General of African Continental Free Trade Area (AfCFTA); and Segun Ajayi-Kadir, Director-General, Manufacturers Association of Nigeria (MAN) during the day two of the Manufacturers Summit in Abuja.
The Chairman African Industries Group, Raj Gupta, speaks to Thisday Newspaper about its operations in Nigeria, the industry’s challenges, opportunities and outlook. As a stakeholder in the manufacturing sector, how is the sector faring amid the current economic challenges? Let me start by stating explicitly that there is no economy without challenges but government policies by various governments…
By Lucy Ekpeyoung Hysoung Sub Ji, Managing Director, LG Electronics Nigeria, says that LG ARTCOOL and DUACOOL are life changer because they are beyond just ACs as they are packed with health benefits such as the Plasmaster Ionizer+ that removes 99% of adhering bacteria and deodorizes and 40% fast cooling. Sub Ji, states this during…
The Nigerian Economic Summit Group (NESG), yesterday, commenced the preparations for the 30th edition of it’s annual summit. The Vice Chairman of NESG and Chairman of the NES#30 Anniversary Committee, Mr Omoboyede Olusanya, said that the inauguration of the NES#30 Joint Planning Committee marked the official commencement of preparations for the 30th Nigerian Economic Summit….
NACETEM is currently awaiting the Federal Executive Council approval on some of its innovative policies including commercialisation of some research outputs
The Afreximbank’s Africa Trade Report 2024, titled ‘Climate Implications of the AfCFTA Implementation,’ ranked Nigeria as the top fourth contributor to intra-Africa trade, following South Africa, Cote d’Ivoire and Egypt for 2023. In the report, Nigeria’s intra-Africa trade decreased in 2023 by 2.1 percent to $8 billion from $8.2 billion in the previous year. “This…
▪︎ Lagos Governor, Babajide Sanwo-Olu The manufacturing and transportation sectors topped the major drivers of Lagos State’s economy which has grown from N27 trillion to N41 trillion in recent years. This is disclosed by the State’s Commissioner for Commerce, Cooperatives, Trade and Industry, Mrs Folasade Ambrose-Medebem. Ambrose-Medebem made the remarks on Tuesday, at the 9th…
▪︎ President Bola Tinubu, PECC Chairman. The Lagos Chamber of Commerce and Industry (LCCI) has commended the federal government for the establishment of the Presidential Economic Coordinating Committee (PECC), which is tasked with turning around the economic conditions and repositioning the economy for growth, industrialisation, job creation, and revenue generation. The LCCI also said availability…
