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.
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Our target is to make Nigeria Africa’s steel hub- Raj Gupta
The Chairman African Industries Group, Raj Gupta, speaks to Thisday Newspaper about its operations in Nigeria, the industry’s challenges, opportunities and outlook. As a stakeholder in the manufacturing sector, how is the sector faring amid the current economic challenges? Let me start by stating explicitly that there is no economy without challenges but government policies by various governments…
LG Electronics ARTCOOL and DUACOOL Beyond Just Acs – MD
By Lucy Ekpeyoung Hysoung Sub Ji, Managing Director, LG Electronics Nigeria, says that LG ARTCOOL and DUACOOL are life changer because they are beyond just ACs as they are packed with health benefits such as the Plasmaster Ionizer+ that removes 99% of adhering bacteria and deodorizes and 40% fast cooling. Sub Ji, states this during…
NESG Begins Preparation for NES#30 in October
The Nigerian Economic Summit Group (NESG), yesterday, commenced the preparations for the 30th edition of it’s annual summit. The Vice Chairman of NESG and Chairman of the NES#30 Anniversary Committee, Mr Omoboyede Olusanya, said that the inauguration of the NES#30 Joint Planning Committee marked the official commencement of preparations for the 30th Nigerian Economic Summit….
Nigeria Can Stop $600m Annual Sugar Importation – NACETEM
NACETEM is currently awaiting the Federal Executive Council approval on some of its innovative policies including commercialisation of some research outputs
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…
Manufacturing top major drivers of N41trn Lagos economy
▪︎ Lagos Governor, Babajide Sanwo-Olu The manufacturing and transportation sectors topped the major drivers of Lagos State’s economy which has grown from N27 trillion to N41 trillion in recent years. This is disclosed by the State’s Commissioner for Commerce, Cooperatives, Trade and Industry, Mrs Folasade Ambrose-Medebem. Ambrose-Medebem made the remarks on Tuesday, at the 9th…
LCCI Commends FG for Establishment of PECC
▪︎ President Bola Tinubu, PECC Chairman. The Lagos Chamber of Commerce and Industry (LCCI) has commended the federal government for the establishment of the Presidential Economic Coordinating Committee (PECC), which is tasked with turning around the economic conditions and repositioning the economy for growth, industrialisation, job creation, and revenue generation. The LCCI also said availability…
WTO says Trade-facilitating policies now outpacing restrictions among members
The WTO says that it’s member countries introduced more trade-facilitating measures than trade-restricting measures on goods, between mid-October 2023 and mid-May 2024. It’s Director-General, Dr Ngozi Okonjo-Iweala, said : ” It’s an important signal of members’ commitment to keep trade flowing despite the current geopolitical uncertainty.” WTO, in its latest Trade Monitoring Update issued on…
Manufacturers Present Summit Report to the Presidency for Implementation
In Picture: L-R: Director- General, Manufacturers Association of Nigeria (MAN) Segun Ajayi-Kadir, mn President, MAN, Otunba Francis Meshioye, OFR; Deputy Chief of Staff to the President, Senator Ibrahim Hadejia and Director General, National Institute for Policy and Strategic Studies (NIPSS) Prof. Ayo Omotayo during the Presentation of Preliminary Report of the Nigeria Manufacturers Summit to…