Nnaji: My resignation not admission of guilt
Nnaji was allegedly accused of certificates forgery, and resigned amidst the controversies.
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Uche Nnaji Resigns Over Certificates Forgery
In a letter thanking President Bola Tinubu for allowing him to serve Nigeria, Nnaji said that he has been a target of blackmail by political opponents, citing some allegations against him, especially certificates forgery.
Functioning steel industry key to Nigeria’s maritime development — SEREC
in a report titled, “Nigeria at 65: The Maritime Scorecard We Cannot Ignore”, Head of Research at SEREC, Eugene Nweke, said without a functioning steel industry, Nigeria’s shipyards will remain import-dependent, uncompetitive, and unable to support large-scale ship repair or new building.
CPPE Applauds Progress in Domestic Oil Refining Capacity
Image: General view of the newly-commissioned Dangote petroleum refinery in Ibeju-Lekki, Lagos, Nigeria, May 22, 2023. REUTERS/Temilade Adelaja/File Photo. Centre for the Promotion of Private Enterprise (CPPE) has praised the progress made in increasing domestic oil refining capacity and reducing imports, as output rose from 11.5% to 15.78% in the second quarter GDP report of…
Govt Demolishes Buildings Worth N3bn at Lagos Trade Fair Complex
A visibly agitated plaza owner, who arrived while his shop was being pulled down, screamed from his car that no notice was served before the bulldozers moved in.
Afreximbank, AAAM renew MoU to boost local automotive manufacturing
Ms Biene, President of AAAM, said ” Afreximbank has been a phenomenal partner in our quest to drive growth and industrialisation of the automotive industry on the continent.
Ghanaian cement producers raise concerns over rising imports from Togo
The Ministry of Trade, Agribusiness and Industry, COCMAG CEO George Dawson-Ahmoah said that foreign cement brands, particularly from Togo, are increasingly ‘flooding’ the Ghanaian market without undergoing mandatory product certification by the Ghana Standards Authority.
Afreximbank, AU and AfCFTA Secretariat Launch R&D Hub
Dr. Yemi Kale, Afreximbank’s Group Chief Economist & MD, Research, emphasised that if Africa merely doubles its R&D spending to 1% of GDP by 2030, we could unlock an estimated $60–70 billion annually in additional value across agriculture, digital technology, and manufacturing.
Nestlé: Philipp Navratil takes over as CEO, following Freixe’s sack over Romance Scandal
The departure of Laurent Freixe follows an investigation into an undisclosed romantic relationship with a direct subordinate which breached Nestle’s code of business conduct
Dangote’s building a 3mmt fertiliser plant in Ethiopia
Both leaders, Aliko Dangote and Dr. Brook Taye, emphasised the project’s importance in transforming Ethiopia’s agricultural sector and promoting self-sufficiency.