Emefiele Heads To Court To Redeem Reputation, Says CBN Investigator Lies

” I have instructed my lawyers to immediately commence legal process to clear my name from the defamatory statements contained in the report headlined “Re: EMEFIELE , OTHERS STOLE BILLIONS, ILLEGALLY KEPT NIGERIA’S FUNDS IN FOREIGN BANKS“, and by extension the publications.”  That’s Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN)…

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Moniepoint MFB Rewarding Customers With N100k in ‘Refer and Earn ‘ Promotion

▪︎ Acting Managing Director, Moniepoint Microfinance Bank, Babatunde Olofin. Moniepoint Microfinance Bank has launched its latest initiative, “the Moniepoint Personal Banking Refer and Earn” programme. In a statement, the Managing Director, Moniepoint MfB, Babatunde Olofin,  said that this exciting referral programme is designed to reward Business Owners and Moniepoint agents who can earn up to…

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MAN Calls For Manufacturing Summit To Address Exits of GSK, Other Top Brands

▪︎Segun Ajayi-Kadir , MAN DG The Manufacturers Association of Nigeria says that to stop the drain on manufacturers in Nigeria, the binding constraints should be addressed, something in the form of a manufacturing summit. ” To address the challenges faced by manufacturers in Nigeria, we need to be intentional about improving the gains of manufacturing…

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Green Manufacturing Taking Shape in Nigeria With Natural Gas, Solar Energy

By Franklin Ocheneyi GREEN manufacturing is gradually taking shapes in Nigeria as newly built industries are being powered by natural gas and through solar energy. Checks by Industrialtimesngr, shows that some ongoing industrial parks in Lagos,  Ogun, Oyo , Aba and Rivers are running on renewable energies rather than the conventional fossil fuels like petroleum…

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Dangote Oil Refinery Sets For Production With 950,000-Barrel Agbami Crude

Dangote Petroleum Refinery is set to jumpstart operations following the supply of the first batch of crude oil to the plants by the Nigerian National Petroleum Company (NNPC) Limited. Last night, the OTIS (crude oil) tanker carried a 950,000-barrel cargo of Nigeria’s Agbami crude, delivered the crude to the nearest land port to Dangote’s offshore…

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2023 In Review : The Year of Multinational Manufacturers’ Exit From Nigeria

In Summary▪︎On March 17, 2023, Unilever Nigeria, the local unit of British multinational consumer goods company Unilever Plc, announced it would fold up the production of its homecare and skin-cleansing brands ( Omo, Sunlight and Lux)in Nigeria. “The production for home care category ceased in June 2023, and sales ceased in September 2023. ▪︎ On…

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Duplo Takes Payment Products To Manufacturers

By: Franklin Ocheneyi Duplo, a technology company, participated in the recently held manufacturing, equipment and raw materials exhibitions, organised by the Manufacturers Association of Nigeria (MAN), and the Raw Materials Research and Development Council (RMRDC). In a presentation to the  exhibitor companies (Manufacturers, oil and gas, banks …), Aderonke Folorunso, Head of Sales, Duplo, said: …

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