No sooner than the Manufacturers Association of Nigeria (MAN) requested the Central Bank of Nigeria to reduce the size of the Bureau De Change (BDCs) operators in the country, than the apex bank announced that it has revoked the licenses of 4,173 Bureaux De Change Operators across the country. Data obtained from the CBN website,…
” The 800-page document recommended the scrapping and merging of 220 out of the then-existing 541 government agencies.” Nigerian Investment Promotion Commission to be merged with Nigerian Export Promotion Council…,” said Hajiya Hadiza Bala-Usman, Special Adviser to the President on Policy Coordination. Bala-Usman made this known, today, after the end of the second Federal Executive…
” The State Visit is particularly aimed at strengthening the bilateral economic cooperation between Nigeria and Qatar.” President Bola Ahmed Tinubu will during state visit to Qatar between 2 and 3 March, 2024, address the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), and Qatar’s Chambers of Commerce and Industry (QCCI) investment…
” The grains in seven locations of strategic reserves, are now being bagged for onward delivery to the National Emergency Management Agency (NEMA). The Minister of Agriculture and Food Security, Senator Abubakar Kyari, said that the Ministry is in the final stages of releasing 42,000 metric tonnes of assorted food commodities to support the vulnerable…
FIVE days ago, specifically on Monday February 19, 2024, the Federal Government and the cement manufacturers in the country met over the escalating prices of the commodity nationwide. During the meeting, the Federal Government was represented by the Minister of Works, Dave Umahi, and the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, among other…
The National Bureau of Statistics (NBS) says crops production remained the major driver of the agricultral sector of the Nigerian economy. ” This is evident as it accounts for 90.03% of the overall nominal value of the sector in the fourth quarter of2023. Quarter-on-quarter growth stood at 1.62% in the fourth quarter of 2023,” said…
The NAFDAC is being accused of expanding the unemployment problems across the country. This follows its recent ban on the production, distribution and sales of alcoholic drinks in sachets and PET bottles of 200ml and below. In a protest march to the NAFDAC Lagos Office , the protesters – Distillers and Blenders Association of Nigeria,…
The Manufacturers Association of Nigeria (MAN) has paid a welcome visit to the newly appointed Managing Director of FrieslandCampina WAMCO, Mr. Roger Adou, who assumed office in January 2024. MAN Director -General, Segun Ajayi-Kadir, led the delegation; accompanied byMabel Michael (P.A. to the DG), Joseph Emoleke (Assistant Director, Membership Division), Kanayo Iwuchukwu (Assistant Director, Special…
Oyeyimika Adeboye, is the Managing Director, Cadbury Nigeria Plc. She supervises the West African operations of Mondelēz International, one of world’s largest snack companies.In this interview, culled from The Nation, Adeboye shares insights on the manufacturing environment in Nigeria as well as regional integrations and other issues. How do we ensure dollar liquidity? I can…
▪︎Cover image: Doris Uzoka-Anite, Minister of Industry, Trade and Investment The latest Nigeria Labour Force Statistics Report Quarter 3,2023, showed that 90.5 percent of women are engaged as self-employed while 84.2 percent of men were self-employed. The reports, released today, by the National Bureau of Statistics (NBS), was funded by the World Bank and the…
