Nigerian Manufacturers Convene Energy Summit Amids Public Electricity Costs
With Nigeria’s power supply remaining inconsistent and expensive, manufacturers face significant challenges in maintaining production costs and scaling their operations.
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PAMA’s Ten Initiatives For Propelling African Manufacturing Sector – Mansur Ahmed
Headquartered in Nigeria, at the Manufacturers Association of Nigeria office in Lagos, Pan African Manufacturers Association – PAMA, was established in 2018 to servers as the hub for the promotion of the African manufacturing sector. Engr Mansur Ahmed, the Interim Chairman of PAMA, said during the relaunch of the body on the sideline of the…
Lafarge Africa Shareholders Approve Sales to Huaxin Despite Senate’s Fears
The Group Managing Director/CEO Lolu Alade-Akinyemi highlighted the company’s dedication to innovation, sustainability, and operational excellence.
Customs Consultative Committee Tasks FG on New Customs Law
The review of the law has become imperative to protect local businesses engaged in import and export.
MAN Calls For Manufacturing Summit To Address Exits of GSK, Other Top Brands
▪︎Segun Ajayi-Kadir , MAN DG The Manufacturers Association of Nigeria says that to stop the drain on manufacturers in Nigeria, the binding constraints should be addressed, something in the form of a manufacturing summit. ” To address the challenges faced by manufacturers in Nigeria, we need to be intentional about improving the gains of manufacturing…
WCCIMA Lauds BOI’s ₦10bn GLOW Fund For Female Entrepreneurs
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…
Beyond GDP, UNCTAD to launch new economic indicators for measuring countries prosperity
GDP does not capture progress in well-being, equity, inclusiveness or sustainability – and it was designed as a measure of economic activity.
Nigeria’s Entertainment Industry Is Now Worth $10.8bn
Nigeria’s entertainment industry is now worth $10.8 billion in revenue. The US International Trade Administration gave the estimate, emphasising that the industry is largely driven by Nollywood films and Afrobeats music. Nollywood alone produces more than 2,500 films per year.This makes it the world’s second-largest film industry by volume. Afrobeats has also contributed over $8…
Outcome of CBN Meeting with IFC
Both the CBN and IFC aim to invigorate Nigeria’s banking industry by fostering the development of financial products that meet the country’s needs and catalyze the financial ecosystem.