Development Bank of Nigeria (DBN) 2024 AGM, in Abuja: L-r Mr. Kyari Abba Bukar, DBN INED., Dr. Armstrong Takang (PhD), Managing Director/CEO, MOFI., DBN MD/CEO Dr. Tony Okpanachi. Image Credit: Facebook industrialtimesngr.com
…the receivable from Unilever Ghana Limited was N202, 528 million for the period ended. Incomes received by Unilever Plc from its subsidiaries as reported in the Unilever Nigeria Plc unaudited interim report for the twelve months ended 31st December 2023, shows that its operation in Ghana is not robust. Analysis of the group’s revenue reveals…
“The surge in food prices can be attributed to various factors, including market cartels, price fixing, hoarding and gouging or lack of transparency in pricing,” said Abdullahi.
Indorama Ventures Public Company Limited, Nigerian Breweries Plc and Genesis Power and Energy Solutions Ltd are pulling their resources together to build Africa’s largest state-of-the-art recycled PET (rPET) production facilities in Nigeria. Located in Lagos, the site represents an investment to develop a facility capable of producing up to 45,000 tons of food grade rPET resin…
” 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…
Stavros Nicolaou is the Group Senior Executive of Aspen Pharmacare Holdings Limited, Gauteng, South Africa. In an interview with IFC, he explains the importance of being able to create viable markets for vaccine procurement, the need for partnerships for the right regulatory reform, and what0 Aspen is planning for expanding vaccine security on the continent….
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,407 Sell ₦1,415 GREAT BRITISH POUND (GBP) Buy ₦1,900 Sell: ₦1,925 EURO (EUR) Buy ₦1,590 Sell ₦1,610 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS) Buy…
▪︎Dr Muda Yusuf, CEO of CPPE The Centre for the Promotion of Private Enterprises (CPPE) says that the core mandate of the Federal Competition and Consumer Protection Commission (FCCPC) is not to fight inflation. Dr Muda Yusuf, the CEO of CPPE, made the assertion while reacting to the threat by the FCCPC to traverse markets…
Emphasising on the theme, “From Policy to Practice” IMO said that the theme underscores IMO’s core mission of ensuring that the global regulatory framework it develops is not merely adopted in principle but translated into concrete national legislation, enforcement and day-to-day operations across the maritime sector.
One of the major announcements from the meeting was the approval of strategic exemptions from the 4% FOB surcharge for several categories of manufacturers.
