A major dimension of the scandal, lawmakers said, was that lead processed in Ogijo had already been traced into international supply chains, reaching global battery and automobile manufacturers who either did not address the findings or relied solely on assurances from Nigerian suppliers.
In December 2023, the World Bank approved a $750m facility to boost renewable energy in Nigeria, to provide over 17.5m Nigerians with improved access to electricity through distributed renewable energy solutions.
There is a bigger picture to see beyond the closure of Jubilee Syringe Manufacturing (JSM) Company Limited which forced the management to have declared the over 200 staff temporarily redundant. In a memo to the staff, the Akwa Ibom State based company, which was commissioned in 2017 by former Vice President, Yemi Osinbajo, told the…
Nigeria has faced eight recessions since independence, primarily due to oil shocks and fiscal mismanagement.
During the visit, Mr. Anil Nair highlighted the challenges confronting the Agri-business sector, particularly in the areas of Technology, logistics, preservation, shortage of manpower, power supply, etc
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…
The Exchange rate of the Naira against major currencies at both the Official and the Black Market window, as at Monday, 1 June 2026
“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…
The Women’s Chamber of Commerce, Industry, Mines, and Agriculture (WCCIMA), has applauded the Bank of Industry (BOI) for its ₦10 billion initiative called Project Guaranteed Loans for Women (GLOW) to support female entrepreneurs in Nigeria. WCCIMA Director – General Dr. Weyinmi Eribo, praised BOI for the GLOW Fund and expressed commitment to ensuring these initiatives…
Tue Beijer, co-founder and CTO and Jonas Nyvang, co-founder and CEO of Stilfold AB, share insights into how the Japanese art of origami was the inspiration behind the Swedish company Stilfold’s innovative carbon emission-busting steel-folding techniques. In a post on the World Steel Association website, the duo, said that the people who first began folding…
