•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…
▪︎Assures Amicable Resolution ▪︎A photo collage of the CEO of Erisco Foods Limited, Mr Eric Umeofia, and Chioma Okoli. The Manufacturers Association of Nigeria (MAN) says that the actions taken by Erisco Foods Limited – the manufacturers of Nagiko tomato paste, on Chioma Okoli, were justified. The Association assures the public that it will resolve…
•Emmanuel Oriakhi Until his assumption into the new role in official capacity, Emmanuel holds sway as Marketing Director, a position he has held since September 2018. Nigerian Breweries Plc has appointed Emmanuel Oriakhi as the Sales Director of the company. The appointment was conveyed through a statement issued and signed by the Managing Director, Hans…
The 2026 budget is projected at N54.4 trillion, according to the approved 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
This will make it the sixth company to exit Nigeria in the first half of 2024 after Microsoft Nigeria, Total Energies Nigeria, PZ Cussons Nigeria PLC, Kimberly-Clark Nigeria and Diageo PLC .
Nigeria’s entertainment industry is now worth $10.8 billion in revenue. The US International Trade Administration gave the estimate, emphasising that the industry is largely driven by Nollywood films and Afrobeats music. Nollywood alone produces more than 2,500 films per year.This makes it the world’s second-largest film industry by volume. Afrobeats has also contributed over $8…
In this New Telegraph’s interview, a former National President of Association of Nigeria Customs License Agents (ANCLA), and the Managing Director of Skelas Nigeria Limited, Mr. Olayiwola Shittu, speaks on the need for Nigeria to domesticate and enforce all maritime conventions and protocols it entered into. Do you support the organised private sector’s (OPS) proposal…
▪︎ WTO DG, Ngozi Okonjo-Iweala UNIDO, WTO, ITC, Africa Finance Corporation (AFC) and International Islamic Trade Finance Corporation (ITFC), have begun mobilizing $12 billion to support the development of a sustainable cotton industry in the Cotton Four countries (Benin, Burkina Faso, Chad, Mali – or “C4”) and Côte d’Ivoire. The project, tagged ‘Partnership for Cotton…
Dr. Yemi Kale, Afreximbank’s Group Chief Economist & MD, Research, emphasised that if Africa merely doubles its R&D spending to 1% of GDP by 2030, we could unlock an estimated $60–70 billion annually in additional value across agriculture, digital technology, and manufacturing.
President Bola Tinubu has left Nigeria for the 2023 G20 Summit in New Delhi, India. During the Saturday September 9- 10 summit, world leaders will try to find solutions to some of the world’s pressing problems amid a deep geopolitical divide over the war in Ukraine that threatens any progress. There, President Tinubu aims to use the…
