Electricity tariff’s Bone of Contentions Between MAN, DisCos and NERC
A company told me that it was paying N7-8 million before, now it is paying N32 million.
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Nigeria Strengthens Regional Trade By N4.82tr in Half Year 2025
He urged the partners to embrace customs and logistics modernisation and to implement the AfCFTA framework more deliberately, as the partnership is turning the gains into a broader regional partnership across African markets.
Dangote, Oil Marketers Bickering Snowballs In Court Case
The constant bickering between Dangote Industries Limited, the owners of the Dangote Petroleum Refinery, and oil marketers has snowballed into a court case at the Federal High Court in Abuja. Three oil marketers- AYM Shafa Limited, A. A. Rano Limited., and Matrix Petroleum Services Limited, are asking the Abuja Federal High Court to dismiss a…
Nestlé Professional Empowers 1,900 Food Vendors
Participants in the workshop were operators of canteens, grillers, ‘Maishais’, and bukas.
Industrial Revolution Working Group (IRWG) Team And Mandates
On Thursday, February 2025, President Bola Tinubu’s led administration inaugurated a 22-member Industrial Revolution Work Group (IRWG) to boost Nigeria’s manufacturing sector. IRWG Team Inaugurated in Abuja, the IRWG is led by Owan Enoh, the Minister of State for Industry, and is co-chaired by Francis Meshioye, the President of the Manufacturers Association of Nigeria (MAN)….
CPPE Tasks CBN Governor On Fresh Recapitalisation of Banking Industy
▪︎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…
Naira Exchange Rates To Foreign currencies Friday, June 19
Today, the Naira is exchanging at the Black Market for US DOLLAR (USD) ₦1, 400,
GREAT BRITISH POUND (GBP) ₦1,870 , and EURO (EUR) ₦1, 590
World Bank’s Official in Trouble Over Nigeria’s Petroleum Import Licences Comment
The House of Representatives Committee on Petroleum Resources (Downstream) has called for the dismissal and arrest of the World Bank official responsible for the April 7, 2026 Nigeria Development Update, which recommended the reinstatement of petroleum import licences. The Committee Chairman, Hon. (Barr.) Ikenga Ugochinyere Ikeagwuonu,described the recommendation as a reckless move capable of undermining…
WTO DG Commends Nigeria Customs for aligning operations with international trade standards
The Nigeria Customs Service (NCS) has again been commended by the Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, for its remarkable strides in customs modernisation and trade facilitation. The recognition came during the 145th/146th Sessions Opening of the Customs Co-operation Council, held on Thursday, June 26th, 2025, at the World Customs Organisation…
Manufacturers Lament Banks Harassment and Freezing of Corporate and Personal Accounts
A worrisome case in point is the ongoing forex forward-related dispute involving KAM Industries Nigeria Limited, a leading manufacturer in the steel sector in West Africa a member of the Association, and one of the commercial banks in Nigeria.