The latest Global Trade Update published by UN Trade and Development (UNCTAD) reports that Global trade is set to reach a record $33 trillion by the end of 2024. The reports indicate that the $1 trillion increase reflecting 3.3% annual growth, highlights resilience in global trade despite persistent challenges. Said the reports: “Robust growth in services trade,…
The situation escalated when MRS Oil, owned by Dangote’s cousin Sayyu Dantata, began recruiting drivers for the CNG trucks and required them to sign agreements prohibiting union membership.
The cost of living index determines the wages. I want you to benchmark it with probably a bag of rice which is about 84,000 naira today.
Former Minister of Information and Culture, Alhaji Lai Mohammed, has given an account of how disciplined, strategic communication can transform a fragmented opposition into a cohesive national movement. Mohammed gave the insight at Abbey College, Cambridge, UK, yesterday, emphasising said that the method was deployed by the political oppositions in Nigeria to defeat the ruling…
I am pleased to report that a groundbreaking $3.5 billion MOU agreement between @TradeInvestNG and @afreximbank was signed at the 31st Afreximbank Annual Meeting in Nassau
(Industrial Times, Nigeria) Today, the Manufacturers Association of Nigeria (MAN) says that banks lending rates to the manufacturing industry are too high to promote productivity in the sector. Data obtained from the Association, shows that the maximum lending rates by the commercial banks range from 30 – 35 percent. Top Five Banks Lending RatesAccess Bank…
This initiative demonstrates our commitment to addressing the triple threat of climate change, biodiversity loss, and pollution.
The Flour Mills Group intends to streamline its 22 business units into five separate entities. Checks by Industrial Times ,shows that among the subsidiaries are Apapa Bulk Terminal, Northern Nigeria Flour Mills, Agri Palm, Agriculture Allied Syrup; BAGCO, Eagle Flour; Golden Fertilizer, Golden Agri Inputs , HoneyWell, Agro Allied Farms Sunti, etc. The company’s Chairman,…
Providing details of the $1bn AfCFTA Adjustment Fund Credit Facility, the National Coordinator and Chief Executive Officer of the Nigeria AfCFTA Coordination Office, Mrs Patience Okala, said that the facility is targeted at large African businesses with a minimum financing capacity of $10m.
The event, themed : “Carrying world trade. Carrying the risks,” will be marked on 25 June.
