• CBN monetary policy committee members The Manufacturers Association of Nigeria (MAN) reacted today to Central Bank of Nigeria (CBN) July interest rate cut. The Association is complaining that the persistent increase in the rate over the years has impacted the sector negatively, especially the disruptions on manufacturing production and investment plans. Segun Ajayi-Kadir, MAN…
•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…
In his remarks, Halilu emphasised Africa’s readiness to lead in innovation, manufacturing, and sustainability. UK Parliament has honoured the Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, with the prestigious African Achievers Award . The Award was conferred on him during the 15th…
• From left: Dr. Uzodinma Odenigbo, Nigerian Breweries PLC Corporate Affairs Director: Mr. Thibaut Boidin MD/CEO;, President of MAN, Otunba Francis Meshioye; and the Director-General, Mr. Segun Ajayi-Kadir. Nigerian Breweries Plc and the Manufacturers Association of Nigeria (MAN) deepened their partnership during a familiarisation visit by its new Managing Director/CEO, Mr. Thibaut Boidin. Mr. Boidin,…
“The Tummy Tummy noodles facility in Anambra State was not sealed by the National Agency for Food and Drug Administration and Control (NAFDAC).” The Director-General of NAFDAC, Prof. Mojisola Adeyeye, made the confirmation on Wednesday in response to an audio recording circulating on social media, falsely claiming that the agency shut down the Tummy Tummy…
• CGC Adeniji The Nigerian Customs Service (NCS) has announced that it will be replacing the proposed 4 percent import levy with the existing 1 percent Comprehensive Import Supervision Scheme (CISS) levy. The Comptroller General of Customs (CGC), Adewale Adeniyi, made the revelation at an engagement held in Lagos to sensitize stakeholders in the B’Odogwu…
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…
• Dr. Ifeanyi Okoye, NECA President The Nigeria Employers’ Consultative Association (NECA) and the Nigeria Labour Congress (NLC) have dismissed the claims by the Nigerian Bureau of Statistics, NBS, improvement in some macroeconomic indicators. The Nigerian Bureau of Statistics, NBS, has just released its latest Composite Consumer Price Index indicating that inflation declined for the…
“He implemented policies aimed at promoting economic growth, improving infrastructure, and enhancing Nigeria’s industrial development.”
Global trade expanded by an estimated $300 billion in the first half of 2025, growing at an estimated 1.5% in the first quarter and projections showing 2% growth in the second. UN Trade and Development (UNCTAD) disclosed this in its just released Global Trade Update (July 2025). Said the report: Price increases contributed to the…
