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
… Foreign listings often shift valuation, trading activity, and investment opportunities to international markets, limiting local investors’ ability to participate in the growth of companies
Since its establishment in 1971, the Manufacturers Association of Nigeria (MAN) has remained a dominant voice in the country’s industrial landscape. For over five decades, the association has played a crucial role in shaping policy, advocating for local manufacturing, and driving industrial growth. Yet, a glaring omission remains, no woman has ever held the position…
▪︎ 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…
BUA Industries Limited has secured US$200 million Corporate Finance Facility from the African Export-Import Bank (Afreximbank) to boost its expansion plans. In a statement, Afreximbank said that the first tranche of $150 million was disbursed on October 16, 2024 and the balance of $50 million disbursed yesterday, 11, November, 2024. Mrs. Kanayo Awani, Executive Vice…
Today, the Naira is exchanging at the Black Market for US DOLLAR (USD) ₦1, 400,
GREAT BRITISH POUND (GBP) ₦1,870 , and EURO (EUR) ₦1, 590
“I must commend my colleagues at Cadbury Nigeria and our Board of Directors for their commitment in ensuring that we successfully navigated the stormy waters…” Oyeyimika Adeboye, the Managing Director, Cadbury Nigeria, said that the Company’s sterling performance in the first quarter of 2025, reflects its resilience and agility in the face of a challenging…
Reuters visited three factories in late July whose owners said they had lost between 12% and 19% of their workforce during the protests.
L-R: Wale Edun, Aliko Dangote; Adaora Umeoji; Bertrand Dumont, and Jim Ovia. Zenith Bank Plc has opened Zenith Bank, Paris, a Third-Country Branch (TCB) of Zenith Bank (UK) Limited, a subsidiary of Zenith Bank Plc. In her welcome address, the Group Managing Director/Chief Executive of Zenith Bank, Dame (Dr.) Adaora Umeoji, said that Zenith Bank,…
The Manufacturers Association of Nigeria (MAN) has paid a welcome visit to the newly appointed Managing Director of FrieslandCampina WAMCO, Mr. Roger Adou, who assumed office in January 2024. MAN Director -General, Segun Ajayi-Kadir, led the delegation; accompanied byMabel Michael (P.A. to the DG), Joseph Emoleke (Assistant Director, Membership Division), Kanayo Iwuchukwu (Assistant Director, Special…
