▪︎Cover image: Mr. Jaafar Harti, MD of Dolidol Group The Dolidol Group, a Morocco based foam mattress giant, is agressively expanding its tentacles through the acquisition of existing manufacturing plants in West, East and North Africa. This is even as the global mattress market is valued at $32.83 billion in 2022, and is expected to…
▪︎CBN Governor, Dr. Olayemi Cardoso. The Centre for the Promotion of Private Enterprise [CPPE] has called for a fresh recapitalisation of the banking industry in Nigeria. Dr. Muda Yusuf, CEO of the CPPE, made the call in a ten point agenda for the new Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso. He…
By Franklin Ocheneyi “IT’s high time compressed natural gas (CNG) and liquefied natural gas (LNG) powered vehicles ply Nigerian roads because of their environmental friendliness and sustainability.” This declaration was made recently by Otunba Francis Meshioye, the President of the Manufacturers Association of Nigeria (MAN). His expectations of running Nigeria on green energy vehicles, was…
▪︎UBA’s Group MD/CEO, Mr. Oliver Alawuba United Bank for Africa (UBA) Plc says that harmonization of currency exchange rates by the Central Bank of Nigeria, impacted positively on its earnings in the half year ended June 30, 2023. In a statement, UBA’s Group Managing Director/Chief Executive Officer, Mr. Oliver Alawuba, said: “The Group recorded strong…
Minister of Solid Minerals, Oladele Alake,
A report by the United Nations Conference on Trade and Development (UNCTAD), titled ‘The Economic Development in Africa Report 2023,’ shows that Africa has an abundance of metals needed for electric vehicles and for clean energy.” Africa possesses vast reserves of critical minerals, including aluminum, cobalt, and copper, required for high-tech and green products like…
No fewer than fourteen industry leaders in the Nigerian Manufacturing sector are attending the 2023 G20 Summit with President Bola Tinubu in Delhi, India. A look at the roll-call shows that out of the 38 prominent businessmen and investors in the delegation,14 of them are industry leaders. In a statement, the Nigerian High Commissioner to…
The Minister of Solid Minerals, Mr. Dele Alake, has unfolded President Bola Tinubu’s seven-point agendas for the solid minerals sector. Alake, during an interactive session with Political Correspondents, today , in Abuja, said that he has the mandate of President Tinubu to ensure that the Solid Minerals sector accounts for at least 50 percent of…
▪︎Tony Elumelu ” We should create a joined-up government task force to champion at the highest level, our young and our entrepreneurs.” Tony O. Elumelu, Founder, The Tony Elumelu Foundation , stated this during the just ended Nigerian Bar Association (NBA)’s 63rd Annual General Conference, held in Abuja. In his reflections on the theme of…
▪︎Innocent Chukwuma, Chairman IVM Innocent Chukwuma is the Chairman of Innoson Vehicles Manufacturing Limited (IVML).In this interview, he shares his thoughts on the recent President Bola Tinubu’s policy direction on powering Nigeria Roads through CNG buses, among other issues. When did you transit from motorcycles to vehicles, and what motivated you to enter into the…
