Nigeria has officially gazetted and transmitted the ECOWAS Schedule of Tariff Offers for Trade in Goods under the African Continental Free Trade Area (AfCFTA) to the AfCFTA Secretariat. Nairametrics reports that this move comes ahead of the 16th Council of Ministers Meeting on Trade scheduled for April 15 in Kinshasa, Democratic Republic of Congo, and…
(The East African)A sixth sugar factory has started production, boosting the Tanzania government’s efforts to cut down on sugar imports and control retail prices. The Mkulazi Sugar Factory, a joint venture by the National Social Security Fund (NSSF) and the Tanzania Prisons Service started production in December, aiming to produce 50,000 tonnes per year. The…
…the receivable from Unilever Ghana Limited was N202, 528 million for the period ended. Incomes received by Unilever Plc from its subsidiaries as reported in the Unilever Nigeria Plc unaudited interim report for the twelve months ended 31st December 2023, shows that its operation in Ghana is not robust. Analysis of the group’s revenue reveals…
Oyedele addressed the manufacturers recently at a forum organised by the Manufacturers Association of Nigeria (MAN), themed, “From Legislative Assembly to Factory Floor: What the New Tax Laws Mean for Nigerian Manufacturers.”
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,410 Sell ₦1,415 GREAT BRITISH POUND (GBP) Buy ₦1,870 Sell: ₦1,890 EURO (EUR) Buy ₦1, 575 Sell ₦1,595 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS)…
• President Bola Tinubu shake hands with FIRS Chairman, Zaacheus Adedeji, after he had signed the new tax laws. On Thursday, June 26, 2025, President Bola Ahmed Tinubu officially signed into law four Tax Bills aimed at reforming Nigeria’s tax system. The four bills were the Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue…
In Picture: L-R: Director- General, Manufacturers Association of Nigeria (MAN) Segun Ajayi-Kadir, mn President, MAN, Otunba Francis Meshioye, OFR; Deputy Chief of Staff to the President, Senator Ibrahim Hadejia and Director General, National Institute for Policy and Strategic Studies (NIPSS) Prof. Ayo Omotayo during the Presentation of Preliminary Report of the Nigeria Manufacturers Summit to…
In a statement issued on Friday in Abuja, Oyewole said that the ban would significantly benefit local manufacturers by retaining critical raw materials within the country, thereby improving access to wood for processors and furniture makers.
KWACCIMA alleged that the state government withdrew its support for the organisation and participation in the fair despite its initial interest to participate in order “to frustrate its success”.
The Women’s Chamber of Commerce, Industry, Mines, and Agriculture (WCCIMA), has applauded the Bank of Industry (BOI) for its ₦10 billion initiative called Project Guaranteed Loans for Women (GLOW) to support female entrepreneurs in Nigeria. WCCIMA Director – General Dr. Weyinmi Eribo, praised BOI for the GLOW Fund and expressed commitment to ensuring these initiatives…
