MBO Capital Boosts Nollywood Films by N9bn, says ED

•Adekunle Adebiyi MBO Capital Management Limited declared that it has channelled more than N9 billion into Nigerian film productions since 2017. The Executive Director (Investments), MBO Capital Management, Adekunle Adebiyi, disclosed this during the second edition of the Film Financing Conference hosted by the company in Lagos. He told financiers, filmmakers and industry executives at…

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MAN Praises Ogun State’s Plastics for Cash” and “Blue Box” initiatives

” The Plastics for Cash program allows residents to exchange sorted plastic waste for monetary value or goods, creating income opportunities for youth, women, and informal waste collectors.“ The Manufacturers Association of Nigeria (MAN) has praised the Ogun State Government for its “Plastics for Cash” and “Blue Box” initiatives aimed at managing plastic waste, particularly…

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MAN Urges NBS to Exclude Financial Crimes in GDP Rebasing

▪︎ From left: Segun Ajayi-Kadir, MAN DG; Taiwo Oyedele, Chairman, Presidential Committee on Fiscal Policy and Tax Reforms.; Otunba Francis Meshioye, MAN President The Manufacturers Association of Nigeria (MAN) has expressed its support for the National Bureau of Statistics (NBS) in its initiative to rebase the Nigerian Gross Domestic Product (GDP). However, the association has…

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2023 In Review : The Year of Multinational Manufacturers’ Exit From Nigeria

In Summary▪︎On March 17, 2023, Unilever Nigeria, the local unit of British multinational consumer goods company Unilever Plc, announced it would fold up the production of its homecare and skin-cleansing brands ( Omo, Sunlight and Lux)in Nigeria. “The production for home care category ceased in June 2023, and sales ceased in September 2023. ▪︎ On…

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