We urge the governors to prioritise infrastructure development, particularly in industrial areas. Power supply remains a major challenge in states like Osun, while road networks, water access, and storage infrastructure in Ondo require urgent attention.”
The President of the Pharmaceutical Society of Nigeria (PSN), Prof Cyril Usifoh, has conveyed the gratitude of the operators in the sector, to President Bola Tinubu for haven granted zero tariffs, excise duties and VAT specified on pharmaceuticals, machineries, equipment and raw materials. In a statement, Prof said that the tariffs removal will encourage local…
Dr. Olasupo Olusi, a former World Bank economist and a development finance expert has been appointed as the new Managing Director/CEO of the Bank of Industry (BoI).Dr. Olusi takes over from Mr. Olukayode Pitan who resigned voluntary. Dr. Olusi’s appointment was inked by President Bola Tinubu, and announced in a statement by the Special Adviser…
Born on September 15, 1935, Tukur, who died three days before his 91st birthday, was one of the prominent political figures whose career cut across Nigeria’s military and civilian administrations, the private sector and continental business circles.
Chief Executive Officer, APM Terminals Nigeria, Frederik Klinke, noted that the appointment reflects the company’s commitment to leadership development and long-term growth.
▪︎Export N20.48trn ▪︎ Import N14.67trn The National Bureau of Statistics (NBS) said Nigeria recorded N5.81 trillion trade surplus in the third quarter of 2024 (Q3’24).This represents a 298 per cent year-on-year (YoY) increase in trade surplus from N1.3 trillion recorded in Q3’23. NBS disclosed this today in its foreign trade in goods statistics for Q3…
Members of the Manufacturers Association of Nigeria in Kano State are poised to bypass the DisCos in the state for direct power supply from the Niger Delta Power Holding Company. The Managing Director of Dala Foods, Kano, Ali Madugu, bore the minds of the manufacturers when he led a delegation, to the management of the…
Honda and Nissan are in talks to merge by 2026, in an effort to fight intense competition from Chinese rival cars makers , such as Tesla and BYD. Reuters reports on Monday, that the tie-up would create the world’s third-largest auto group by vehicle sales after Toyota and Volkswagen (VOWG). It would also give the two companies scale and a…
