Australians To Train Nigerians On Modern Mining Technology, Practices – Minister
Minister of Solid Minerals, Oladele Alake,
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Oppenheimer Sets To Transform Nigerian GZ Industries, Following Acquisition
South Africa – based Oppenheimer Partners Limited has bought a 37.5 percent shares in GZ Industries Ltd; – a leading can manufacturing company with factories in Nigeria and South Africa. The acquisition, it was learned, will enable Oppenheimer to transform and drive GZI’s expansion in sub-Saharan Africa. Currently, GZI boasts an annual production of 3…
Outcome of CBN Meeting with IFC
Both the CBN and IFC aim to invigorate Nigeria’s banking industry by fostering the development of financial products that meet the country’s needs and catalyze the financial ecosystem.
Adedeji’s One Year Scorecards at FIRS
Achieved 81 percent of the collection of the first quarter of 2024 amounting to N3.94 trillion being an all-time highest in the same quarter and 56 percent higher than Q1 2023.
After Nigeria, Dangote Enters Ghana with 12,000 tons/day Sugar Refinery
Africa ‘s richest industrialist- Aliko Dangote, is constructing another sugar refinery in Ghana. In a statement, the Dangote Group said that the investment will reduce Ghana’s $162 million annual sugar import bill and boost local industrial growth. The expansion is also part of Dangote’s broader goal to expand integrated agriculture across Africa. The factory is…
Moniepoint Scoops Outstanding MFB, Fintech Awards at 2023 Brandcom Awards
Moniepoint Microfinance Bank, and Moniepoint Inc, have won two distinguished awards at the prestigious 2023 Brandcom Awards ceremony held in Lagos. Whike Moniepoint Microfinance Bank wonthe “Award for the Most Outstanding Microfinance Bank in Consumer Engagement,” Moniepoint Inc scooped the “Award for the Most Outstanding Fintech Company in Financial Inclusion.” Commenting on the awards, Didi…
Nigeria’s Industrial sector activities decline in August – CBN PMI
Among the 17 sub-sectors surveyed in the Industry sector, 7 recorded expansions, while the remaining 10 sub-sectors indicated contraction.
Day FIRS Staff Rain Praises on Zacch Adedeji Over Welfare Packages
On Thursday, November 5, 2024, as early as 8 am, the staff of the Federal Inland Revenue Service (FIRS) assembled at the agency’s headquarters at Sokode Crescent, Wuse Zone 5, Abuja. The gathering wasn’t for protest or strike but to appreciate their Chairman – Zacch Adedeji, for his numerous welfare packages for them since he…
RMRDC Introduces Quarterly Statistical Bulletin Series to Enhance Industrial Growth
The Raw Materials Research and Development Council (RMRDC) has officially launched its Quarterly Statistical Bulletin Series, a strategic initiative designed to transform Nigeria’s industrial landscape. This publication aims to serve as a foundational resource for data-driven policy formulation and a critical instrument for industrial advancement in Nigeria. During the launch event held in Abuja over…
“Why I Don’t Take Food and Beverages in Aba “
Some time ago, a friend of mine living in Lagos State told me that whenever he is on business travels to Aba, Abia State, he doesn’t drink water or tea neither in the hotel he lodges nor buys from the shops outside. Curiously, I asked him why.? “They are fake products,” he replied. He added,…