” Economies around the world (Nigeria inclusive) would witness a surge in the price of petrol, diesel, jet fuel, gas and related products in the near term.” Dr Muda Yusuf, the Director/Chief Executive Officer Centre for the Promotion of Private Enterprise [CPPE], says that the outbreak of war between Israel and Iran , if it…
The International Organisation of Vine and Wine (OIV) has reported that the global wine industry’s production and consumption decline by seven percent in 2023. “Once again, extreme climatic conditions – such as early frost, heavy rainfall, and drought have significantly impacted the output of the world vineyard,” said the OIV Head of the Statistical Department…
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…
The meeting concluded on a positive note, with parties agreeing to continue engaging and working together to find solutions to the challenges facing Nigeria’s private sector.
He is the Chairman of the NACCIMA AfCFTA (African Continental Free Trade Area)Committee and is very passionate about encouraging the active participation of Small and Medium Enterprises (SME’s) in AfCFTA.
▪︎Innocent Chukwuma, Chairman IVM Innocent Chukwuma is the Chairman of Innoson Vehicles Manufacturing Limited (IVML).In this interview, he shares his thoughts on the recent President Bola Tinubu’s policy direction on powering Nigeria Roads through CNG buses, among other issues. When did you transit from motorcycles to vehicles, and what motivated you to enter into the…
A report had earlier said that the Indian steel maker was planning to exit Nigeria, with African Industries and Bhari already bidding.
▪︎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…
Investors in Nigeria operate in an environment marked by uncertainty and institutional weakness, chief among are … weak legal protection, unrestrained union actions, regulatory unpredictability, bureaucratic bottlenecks and weak dispute resolution.
The ECOWAS Commission has launched its ECOWAS Electronic Certificate of Origin (E-CO) to facilitate cross – border movement of goods within the sub- region. The event brought together representatives of the African Continental Free Trade Area Secretariat, African Development Bank, GIZ, World Customs Organisation, UEMOA Commission, Regional Economic Communities, TradeMark Africa, ECOWAS member states and members of…
