▪︎Dr Muda Yusuf, CEO of CPPE The Centre for the Promotion of Private Enterprises (CPPE) says that the core mandate of the Federal Competition and Consumer Protection Commission (FCCPC) is not to fight inflation. Dr Muda Yusuf, the CEO of CPPE, made the assertion while reacting to the threat by the FCCPC to traverse markets…
Dr. Olasupo Olusi, a former World Bank economist and a development finance expert has been appointed as the new Managing Director/CEO of the Bank of Industry (BoI).Dr. Olusi takes over from Mr. Olukayode Pitan who resigned voluntary. Dr. Olusi’s appointment was inked by President Bola Tinubu, and announced in a statement by the Special Adviser…
” With the working-age population projected to reach 168 million by 2030, the country faces a defining challenge: to create 27 million new formal jobs or risk unemployment and underemployment rates doubling to 30 per cent”
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has noted that while the most vulnerable people are paying multiple taxes, the middle, upper class and the politicians are evading tax. The Nation, reported that Oyedele said this on Thursday, during the Integrated National Financing Framework (INFF) Core Working Group Retreat…
” Tah will assume office on 1 September 2025, for a five-year term, following the end of the second mandate of current President, Dr. Akinwumi Adesina.” Sidi Ould Tah of Mauritania was today elected President of the African Development Bank Group at the Bank’s Annual Meetings held in Abidjan, Côte d’Ivoire. Tah was elected by…
The Executive Director, Sales, Elizade JAC Autoland Limited, Mr. Biola Odukomaiya, disclosed that the company’s 2026 strategy was to make newly made in Nigeria vehicles more accessible through lower-priced products, bundled with maintenance and service packages.
BLACK MARKET RATES US Dollar (USD) Buy ₦1,423 Sell ₦1,428 Great British Pound (GBP) Buy ₦1,890 Sell: ₦1,910 EURO (EUR) Buy ₦1,600 Sell ₦1,620 Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080 South African Rand (ZAR) Buy ₦75 Sell ₦90 UAE Dirham Buy ₦350 Sell ₦370 Chinese Yuan Buy ₦190 Sell ₦205 Ghana Cedi (GHS) Buy…
Seven-Up Bottling Company, has re-launched Pepsi 60cl long throat bottle with “Big Big Tinz (Big Refreshment. Big Value)” as the official theme song for the campaign. In a statement, the Senior Brand Manager, of Seven-Up Bottling Company, Sam Okolie, noted that originally introduced in 2015, the Pepsi 60cl Longthroat bottle is back on shelves in…
▪︎ Olusegun Aganga, a former Minister of Industry Trade and Investment, has fingered the lack of continuity of industrial policy by successive governments as the problem hampering the growth of the sector in Nigeria. ” The manufacturing sector’s contributions to the GDP in other countries are above 25 percent but in Nigeria, it’s is below…
The Manufacturers Association of Nigeria (MAN) has honoured the outgoing Regional Director of UNIDO West and Central Africa Sub-Region, H.E Amb. Jean Bakole, with a farewell cocktail party in Abuja, the FCT. The event was attended by Otunba Francis Meshioye, the President of MAN; the DG, Segun Ajayi-Kadir, members of Exco, and other distinguished personalities….
