Presidential Pardons May Harm Economy and Investment – CPPE
Dr Muda Yusuf, CPPE Director/CEO, expressed concerns about pardoning individuals convicted of corruption, financial crimes, murder, drug trafficking, and illegal mining.
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Airtel launches Web Data Calculator for service transparency
Available through Airtel’s website, the calculator enables customers to estimate data usage across common digital activities such as video streaming, social media engagement, voice and video calls, and everyday web browsing.
Twinings Boosts Local Manufacturing of Ovaltine in Nigeria By £24mn
British beverage maker Twinings Ovaltine is pumping a fresh £24 million into its Lagos manufacturing facility in an efforts to strengthen the bilateral trade between Nigeria and the United Kingdom. This is disclosed in a statement a statement issued by the UK’s Department of Business and Trade. It said that the investment will create over…
BUA Foods Post N442.1bn in Q1 2025
Despite the increase in operating expenses, BUA Foods achieved a 124% profit after tax to N125.28bn in Q1 2025, compared to N55.82bn in Q1 2024.
GCCA Pushing for Global Buying of Green Cement to fast-track Industrial Decarbonisation
▪︎Thomas Guillot, Chief Executive of the GCCA (left); Alice de Moraes Amorim Vogas, Special Advisor for COP30 (middle); German Vice Chancellor and Federal Minister for Economic Affairs and Climate Action, Robert Habeck (right). The Global Cement and Concrete Association (GCCA) says policymakers, governments and the private sector should buy into Procurements of green cement and concrete , saying…
Afreximbank disburses $50bn in Nigeria in 10 years
The Africa Export-Import Bank (Afreximbank) has disbursed $50 billion for the execution of various projects in Nigeria in the last 19 years. The President of the bank, Prof. Benedict Oramah, disclosed this during the recently commissioned Afreximbank Africa Trade Centre, AATC, in Abuja, where he also reaffirmed the Bank’s vision to dismantle trade barriers and…
Global Share of Manufacturing Value, by Country
Brazil leads in South America with $300 billion in manufacturing value.
Its industrial economy is anchored by automotive production, food processing, chemicals, and aerospace, particularly through companies like Embraer.
Retirement Advice For All Employees
Don’t ever compete with your bosses. You will burn your fingers
Patronage of Second-Hand Clothing Threatens Employment for Over One Million Nigerian Tailors
The smuggling of second-hand clothing into Nigeria poses a significant threat to the livelihoods of approximately one million five hundred thousand Nigerian tailors. Mr. Alok Bhardwaj, Managing Director of Sunflag Nigeria Ltd., conveyed this critical statistic to the Minister of State for Industry, Trade and Investment, Sen. John Enoh, during a recent visit to the…
Holcim exits Nigerian Cement Industry
Holcim -the parent company of Lafarge Africa Plc is set to exit Nigeria cement industry ,blaming harsh economy. Reuters reported that Holcim, which owned an 84 per cent stake in Lafarge Africa (WAPCO.LG) said it has now sold its stake to China’s Huaxin Cement for $1 billion. According to Holcim, the deal, projected to be…