Global natural gas markets are set to remain tight in 2025 as demand continues to rise and supply expands more slowly than before the pandemic and energy crisis, according to the IEA’s latest quarterly Gas Market Report published today. The report, which provides a thorough review of market developments in 2024 and an outlook for 2025, finds that…
Adedolapo Osuntuyi, the Executive Director of the Dolly Children Foundation, has won the African Humanitarian Award in the “Education Champion” category. The award was in recognition of her unrelenting commitment to empowering poor children in Africa via education. The “Education Champion” category recognizes those who have exhibited a strong dedication to improving educational opportunities for…
Some time ago, a friend of mine living in Lagos State told me that whenever he is on business travels to Aba, Abia State, he doesn’t drink water or tea neither in the hotel he lodges nor buys from the shops outside. Curiously, I asked him why.? “They are fake products,” he replied. He added,…
NAFDAC says it has cleaned up and shutdown the Cemetery market Aba regarded as the most dreaded and hitherto safe haven for the largest cartel ring for the manufacture of fake wines and beverages in Africa. NAFDAC also confiscated adulterated wines, fake food, and beverages valued at over N5 billion. Prof Mojisola Adeyeye, the NAFDAC…
The Raw Materials Research and Development Council (RMRDC) has officially launched its Quarterly Statistical Bulletin Series, a strategic initiative designed to transform Nigeria’s industrial landscape. This publication aims to serve as a foundational resource for data-driven policy formulation and a critical instrument for industrial advancement in Nigeria. During the launch event held in Abuja over…
Dr. Olubunmi Kole-Dawodu, State Manager for the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has disclosed that Lagos is home to over 50 million informal businesses. This announcement was made during a recent stakeholders’ forum on Economic Data Performance, organized by the Lagos Bureau of Statistics (LBS) at the Lagos Chamber of Commerce…
▪︎NIGERIA’s Minister of State for Industry, Trade and Investment, John Owan Enoh, and the Republic of Benin, Minister of Commerce and Industry, Shadiya Alimatou Assouman. NIGERIA’s Minister of State for Industry, Trade and Investment, John Owan Enoh, has emphasized the urgent need for Nigeria and the Benin Republic to identify a suitable core investor promptly…
Leaders and entrepreneurs in the South-East private sector are united in their determination to establish businesses that will drive economic transformation in the region. Among those at the forefront of this initiative are Dr. Cosmas Maduka, President and CEO of Coscharis Group; Mr. Johnson Chukwu, Managing Director and CEO of Cowry Assets Management Ltd; Etemore…
▪︎Dr Jumoke Oduwole, Minister of Industry, Trade and Investment Chief of Taiwan Mission at the Taipei Trade Office in Nigeria, Andy Yih-Ping Liu, says that the trade volume with Nigeria has enormous potential for growth as many Taiwanese investors are waiting for the renewal of the bilateral agreement, which would provide a legal framework for…
Yahoo Finance writes: Coca-Cola is known worldwide. It sells numerous ready-to-drink products and has a presence in 200 countries and territories. With a whopping 1.9 billion servings consumed daily, Coca-Cola might have the broadest reach of any company in the world. The company has generated a total return, which includes dividends, of 25,770% in the past 50…
