Afreximbank Lends Dangote US$1.35 Billion to Keep Refineries Running

• Aliko Dangote and Benedict Oramah. Professor Benedict Oramah, President & Chairman of the Board of Directors at Afreximbank (African Export-Import Bank), says that the bank has raised a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL) for refinancing the Dangote Petroleum Refinery and Petrochemicals Complex. The facility is part of an…

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MAN joins The Bukar Goni Aji-led 37-man committee to discuss the new minimum wage

The Bukar Goni Aji-led 37-man Tripartite Committee on National Minimum Wage was launched by Vice President Kashim Shettima at the State House, Abuja on Tuesday, 30th January 2024. The committee’s mission is to recommend a new national minimum wage for Nigerian workers. The committee’s composition includes representatives from the federal government, states government, private sector,…

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Botswana Envoy Pushing for Increase Trade with Nigeria

The Botswana High Commissioner to Nigeria, Miss Philda Nani Kereng, is pushing for increase bilateral trades between the two countries.She commended the Nigerian governments for doing so much for the Micro,  Small and Medium Enterprises (MSMEs). Kereng, who spoke on Monday in Abuja on the occasion of her country’s 58 Independence anniversary, said: ” Currently, the trade…

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Global Recycling Industry Employs 6.9 Million People – ILO

▪︎Waste recycling center in Abuja/ Afrik 21 (Industrial Times) The International Labour Organization (ILO) says that the waste and recycling industry employs 6.9 million, representing 0.2 per cent of total global employment. The waste management and recycling industry includes businesses and organizations that collect, process, and recycle materials such as glass, plastic, paper, metal, and…

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Nigeria First Policy: Governor Ododo Enforces Wearing Made-in-Kogi Fabrics

• Kogi State Governor, Ahmed Usman Ododo Kogi State Governor, Ahmed Usman Ododo has directed all government officials to be wearing Made-in-Kogi fabrics as a show of support for indigenous industries. The State’s Commissioner for Information and Communications, Hon. Kingsley Femi Fanwo, told journalists after the State Executive Council meeting held today at the EXCO…

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Dangote Says 52 kobo (52%) of Every Naira Dangote Cement Makes Go to FGN 

President of Dangote Group, Aliko Dangote, says that the government stands to gain substantially when the private sector flourishes, noting that 52 kobo (52%) of every naira Dangote Cement generates goes to the government. Dangote made the comment during a visit by the Nigerian Economic Summit Group (NESG), team to both Dangote Fertiliser Limited and…

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