Global public debt hits $97trn in 2023 – UNCTAD
Said the report: “The number of African countries with debt-to-GDP rations above 60 percent has increased from 6 to 27 between 2013 and 2023.
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MAN Appeals to NPA on 15% Ports Tariff
The Manufacturers Association of Nigeria (MAN) is imploring the Nigerian Ports Authority (NPA) to shelve the proposed 15% tariff increase and instead collaborate with stakeholders to explore sustainable alternatives for revenue generation. Speaking through its Director-General, Segun Ajayi-Kadir, MAN, said ” While we acknowledge the need for revenue generation, increasing port tariffs in the current…
N Seven acquires 550,092 Guinness Nigeria shares
The acquisition underscores ongoing activity by key insiders to consolidate equity positions in the prominent brewing entity.
Nigerian shippers Regulatory Interventions save Industry N90.6bn, $1.348m
The NSC received 558 complaints during the period and resolved 295 disputes involving container deposits, demurrage, detention charges, terminal charges, cargo claims and export fraud.
African Leaders Accuse Global Credit Rating Agencies of Biase
On January 23, 2026, Afreximbank officially terminated its rating relationship with Fitch Ratings following a prolonged dispute over the agency’s assessment of the bank’s risk and treatment of preferred creditor status.
UBA Wins Banker’s Awards Across Nine African Countries
The Banker’s awards are widely regarded as the most respected and rigorous in the global banking industry, celebrating institutions that demonstrate outstanding performance, innovation and strategic execution.
FG Assures Spirits and Wines Sector of Favourable Regulations
The discussion focused on the current regulatory reforms affecting the growth and stability of the sector.
OPS Nigeria Condemns Incessant Bickering Between FG, Labour Unions
▪︎Labour Strike The Organised Private Sector Nigeria (OPSN) has condemns the incessant bickering between the Federal Government and the labour unions- National Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC), saying it poses a serious threat to the country’s economy. The OPSN members are Manufacturers Association of Nigeria(MAN); Nigerian Association of Chambers of…
The Solution to Lagos Plastic Waste Ban – Ajayi-Kadir
• Inside Innoplas factory during the visit “The solution to Lagos’ plastic waste challenge is not the blunt force of outright ban,” but the deliberate design of integrated waste collection systems, investment in recycling infrastructure, and circular partnerships between government and industry.” The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, commented when…
Nigeria fourth Contributor to intra-Africa trade – Report
The Afreximbank’s Africa Trade Report 2024, titled ‘Climate Implications of the AfCFTA Implementation,’ ranked Nigeria as the top fourth contributor to intra-Africa trade, following South Africa, Cote d’Ivoire and Egypt for 2023. In the report, Nigeria’s intra-Africa trade decreased in 2023 by 2.1 percent to $8 billion from $8.2 billion in the previous year. “This…