PZ Wilmar Sustains Mamador and Devon King’s Manufacturing in Nigeria as PZ Cussons Exit Ventures

PZ Cussons Plc and Wilmar International Limited have agreed definitive terms for Wilmar to purchase the 50 percent equity stake in PZ Wilmar Limited held by PZ Cussons Plc, for a cash consideration of $70 million.” A statement by the company , said that the transaction, which is subject to regulatory approvals, is expected to…

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OPay Opens New Office in Jos

OPay has officially launched its new office in Jos, Plateau State. Speaking at the event, OPay’s Chief Operations and Technology Officer, Dotun Adekunle, said that the new Jos office reflects OPay’s continued commitment to putting customers first and advancing financial inclusion across Nigeria. He said :” Our customers are at the center of everything we do….

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NMDPRA Should Rectify Negative Comments on Dangote Refinery – MAN

The Manufacturers Association of Nigeria (MAN) has enjoined the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to issue a clarification that absolves the Dangote Refinery of the negative perceptions the  comments by its CEO – Engr Ahmed Farouk, have planted in the mind of Nigerians and the global community. ” The allegations of poor…

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Analyst Disagrees With CAPPA on SSBs Crisis in Nigeria

A Lagos-based public affairs analyst, Omonaye Okoro, has faulted the Corporate Accountability and Public Participation Africa (CAPPA ) calls for increased taxation on Sugar-Sweetened Beverages (SSBs). In his opinion piece titled “Nigeria’s Sugar “Crisis” Is a Myth – And Our Economy May Pay the Price for Believing It,” Okoro noted that the CAPPA’s recent report,…

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IFC Shares “Must Do” For Women Who Trade Across Borders

The International Finance Corporation (IFC) has called on trade finance institutions the like of Afreximbank, the  Development Bank of Nigeria, AfDB, etc, as well as the governments and regulators, to improve women-owned businesses access to  finance, especially in Nigeria and the other emerging markets. IFC made the call in its latest country studies  results, titled…

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Made -in Nigeria Leather Products Fit for Global Exporting – SON

Mr Ifeanyi Chukwunonso Okeke, the  Director-General /chief executive officer, SON,said that the agency’s quality assurance interventions have positioned  Nigerian manufacturers to compete favourably in the lucrative global leather and textile market valued at over $1 trillion. “Our capacity buildings have led to a significant improvement in the quality of leather products in Nigeria. Local manufacturers…

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