(Visual Capitalist) China and manufacturing dominance together are words easily believed, but this wasn’t always the case. The world’s manufacturer didn’t always make—quite literally—everything. This visualization projects the change in manufacturing value added (MVA) by country from 2000 to 2030. Data is sourced from the UN Industrial Development Organization, as of November 2024. Economic Reforms and…
•Emmanuel Ikazoboh Becomes Chairman Foremost entrepreneur and founder of Dangote Cement Plc, Aliko Dangote has announced his retirement as a Director and the Chairman of the Board of Directors, effective July 25, 2025.In a statement signed by Anthony Chiejina Group Chief, Branding & Communications Officer, said that Dangote’s relinquishing his position as chairman and retiring…
How many pieces of wood make a boat?
It depends on the size of the boat. For a big boat with 8-10 passenger capacity, we use about twelve pieces of wood. The small boat takes between 6-7 pieces of wood.
Renewables are expected to overtake coal as the world’s largest source of electricity as early as 2025 or by 2026 at the latest, depending on weather and fuel price trends.
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), is calling on the Central Bank of Nigeria (CBN) to act quickly to pay the outstanding balance of the 2022 to 2023 foreign exchange forwards to the affected companies. Conversely, CBN Governor, Olayemi Cardoso, maintained that the bank would not pay for FX…
In the report published on 20 January , Unctad, said that the demand for data centers investment was driven by AI infrastructure and digital networks.
“Over the last quarter, countries such as members of the Euro Area, the United Kingdom, Denmark, Australia, China, India, Thailand and Egypt, have implemented interest rate cuts to bolster economic growth and support productive sectors. “ • CBN Governor, Olayemi Cardoso The Manufacturers Association of Nigeria (MAN) has again condemned the Central Bank of Nigeria…
▪︎Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite The Commerce and Industry Correspondents Association of Nigeria (CICAN) has enjoined the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, to let her impacts be felt on the sector. In a statement from the Association’s Secretariat in Lagos, and signed by its President, Charles Okonji,…
The Deputy Chairman, House of Representatives’ Committee on Finance, Honourable Saidu Abdul, has called for periodic assessments of progress being made in the development of Nigeria’s sugar industry targets under the Phase II of the Nigeria Sugar Master Plan (NSMP). Hon Abdul made the call in response to the declaration of 2025 as the Year…
The Chairman of the ZACCIMA Caretaker Committee, Alhaji Hassan Buhari Tafidan Maradun, defended the government’s action, saying the intervention became necessary due to alleged irregularities within the chamber’s leadership.
