A technical working group comprising the Financial Reporting Council and the Organised Private Sector, is being set up to address the concerns raised by Manufacturers Association of Nigeria (MAN), and the Nigeria Employers’ Consultative Association (NECA) on the 10 percent monthly default penalty imposed on non-listed companies by the Council. The Minister of Industry, Trade…
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, warmly urges foreign cold storage infrastructure companies to come and invest in Nigeria’s cold chain sector and potentially reap the profits. Kyari made the call during the 7th West African Cold Chain Summit and Exhibition (WACCSE 2025) and the 10th Agrofood and Plastprintpack Nigeria exhibition…
Nestlé Nigeria recently launched a fully ready-to-eat cereal – Golden Morn 3in1 into the markets. This product combines Nigeria’s favourite Maize and Soya cereal with milk, requiring only the addition of water to serve a complete meal that can be enjoyed at any time of the day. Wassim Elhusseini, the Managing Director and CEO of…
The evolution from NAWORG to WCCIMA signifies a commitment to continuity, building on a legacy of almost 20 years of coordinating women’s activities within the Chamber Movement. The Nigerian Association of Chambers of Commerce, Industry, Mines & Agriculture (NACCIMA) has transformed its Women’s Business Group (NAWORG) into the Women Chamber of Commerce Industry Mines and…
The Women’s Chamber of Commerce, Industry, Mines, and Agriculture (WCCIMA), has applauded the Bank of Industry (BOI) for its ₦10 billion initiative called Project Guaranteed Loans for Women (GLOW) to support female entrepreneurs in Nigeria. WCCIMA Director – General Dr. Weyinmi Eribo, praised BOI for the GLOW Fund and expressed commitment to ensuring these initiatives…
The cement sector in Nigeria is on a trajectory to achieve a national output of 85 million metric tons per year. This growth is largely attributed to the emergence of new market entrants and the ongoing expansion initiatives, particularly the addition of 6 million metric tons per year from Dangote Cement’s current plant project located…
The President of the Dangote Group, Alhaji Aliko Dangote, has said that the investment-friendly policies of Governor Dapo Abiodun prompted his return to the reconstruction of his cement plant project located at Itori, Ewekoro Local Government Area in Ogun State. Construction of the Itori plant project originally began on December 23, 2023, with an anticipated…
The Nigerian Economic Summit Group (NESG) has emphasized the need for Nigeria to reevaluate and diversify its trade partnerships, particularly by shifting focus towards countries that remain unaffected by the tariffs imposed by the United States. This recommendation is articulated in the NESG’s latest Foreign Trade Alert for the fourth quarter of 2024 and the…
