Pan African Payment and Settlement System (PAPSS) Isn’t Working – Oyeyimika , Cadbury MD

Oyeyimika Adeboye, is the Managing Director, Cadbury Nigeria Plc. She  supervises the West African operations of Mondelēz International, one of world’s largest snack companies.In this interview, culled from The Nation, Adeboye shares insights on the manufacturing environment in Nigeria as well as regional integrations and other issues. How do we ensure dollar liquidity? I can…

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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)….

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Expatriates Levy Suspension Calms Investor’s Anxiety

▪︎Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of  MAN The Manufacturers Association of Nigeria (MAN) on Tuesday, said that the anxiety that enveloped the domestic and foreign investors, following the introduction of the government’s $10,000-$15,000 Expatriates Employment levy, has abated. Segun Ajayi-Kadir, the Director-General/Chief Executive Officer of  MAN, stated this in a statement commending the Federal…

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WCO Elects Nigeria’s CGC Bashir Adeniji , Chairperson

” Comptroller-General of Nigeria Customs Service, Bashir Adewale Adeniyi, said: “I am deeply grateful for my election as Chairperson of the Council.” The World Customs Organization (WCO) Council, the governing body of the organization, comprising the Heads of 186 Customs administrations, has formally endorsed Mr. Bashir Adewale Adeniyi, Comptroller-General of Nigeria Customs Service, as its…

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Diverse Perspectives from MAN and NACCIMA on FTZs Tax Reform Bills

Two prominent organizations within Nigeria’s Organized Private Sector (OPS), the Manufacturers Association of Nigeria (MAN) and the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), have articulated differing positions regarding the proposed 2024 Tax Bill amendments related to Free Trade Zone (FTZ) operations in Nigeria. During the 3rd Nigerian Economic Zones Association…

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UNIDO: Global Industrial Sectors Post 2.3% Growth in 2023

The United Nations Industrial Development Organisation (UNIDO) says that globally, there was a 2.3% growth in industrial sectors, encompassing manufacturing, mining, electricity, water supply, waste management, and other utilities, signalling a post-pandemic recovery.  UNIDO, in its 29th edition of the International Yearbook of Industrial Statistics,  said that manufacturing accounted for most of this dynamism, with…

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