▪︎L-R: Segun Ajayi-Kadir, DG MAN; Francis Meshioye, MAN President; the Managing Director, GB Foods Limited, Vincent Egbe, and the Permanent Secretary, Ministry of Commerce, Cooperatives, Trade & Investment (MCCTI), Dr. Olugbemi Aina. The Lagos State Governor, Babajide Sanwo-Olu has tasked manufacturers to embrace new technology and innovation as tools that can significantly enhance productivity, optimise…
The Pulp, Paper, Printing & Publishing Sectoral Group of the Manufacturers Association of Nigeria recorded a surge in local patronage of their products from April to June this year. MAN, in its just-released Manufacturers CEOs Index for Q2 2024, reported that despite the disruption encountered due to the rise of digitalisation, the Sectoral Group recorded…
Worse still, the commercial banks have continued to charge dollar account along with other Naira bank charges such as 35% interest rate on the facilities that these companies have with their banks.
His Majesty King Letsie III of the Kingdom of Lesotho, has urged the Food and Agricultural Organisation (FAO) to intensify efforts to eradicate poverty and end hunger in Lesotho and the rest of Africa.The Monarch also told FAO to pay closer attention to ensuring better nutrition and to mitigating the challenges caused by the impacts…
Tue Beijer, co-founder and CTO and Jonas Nyvang, co-founder and CEO of Stilfold AB, share insights into how the Japanese art of origami was the inspiration behind the Swedish company Stilfold’s innovative carbon emission-busting steel-folding techniques. In a post on the World Steel Association website, the duo, said that the people who first began folding…
A peaceful protest will ensure that citizens can express their concerns without infringing upon the rights of others or disrupting legal and lawful activities.
We are not getting the needed patronage from the Nigerian market, which explains why our plant is assembling below capacity at the moment.
Despite the continuous increase in MPR over the past two years resulting in a weighty 1,475 basis point hike from 11.5% in May 2022 to 26.25% in May 2024, inflation has remained persistently high, reaching a staggering 34.19% in June, the highest since March 1996.
Manufacturing companies in Nigeria says that unless the federal government address the challenges confronting their businesses, they won’t be able to pay the new minimum wage of N70,000 agreed with Labour. Segun Ajayi-Kadir, the Director-General of Manufacturers Association of Nigeria (MAN) disclosed this, following the recent Presidential announcement on the new minimum wage. Ajayi-Kadir said…
The President and the Nigeria Labour Congress and the Trade Union Congress of Nigeria led by their presidents, Joe Ajaero and Festus Osifo, with President Bola Tinubu, yesterday, after the resolved minimum wage meeting, in Abuja.
