The report stated that the current production index also declined owing to the industrial disputes in the oil and gas sector, which disrupted gas supply, elevated energy cost and constrained manufacturing output.
In Africa, coffee accounts for approximately 12% of the global production. Image credit: Expressowork The government of Italy is making €15 million available to the United Nations Industrial Development Organization (UNIDO) for the promotion of sustainable coffee production in Africa. Ohibaba.com reports that the funding arrangement was signed recently by Debora Lepre, the Ambassador and…
As Lagos gears up for the highly anticipated Access Bank Lagos City Marathon on Saturday, February 15, 2025, excitement and emotion run high. This year’s edition is much more than a race, it is a moving tribute to legacy and a celebration of resilience. Under the evocative theme “Miles to Memories,” every stride taken by…
The US$925 million accordion arrangement raises the total amount disbursed to US$3.175 billion.
▪︎Aliko Dangote with Sen Heineken Lopkobiri. Photo credit: Sen Heineken Lopkobiri’s X. In Summary 1. Nigeria and Africa can become completely self-sufficient in petroleum products, and saves annual imports bill of $17 billion. 2. Nigeria must develop a refining capacity of 1.5 million barrels per day and prioritise domestic crude supply obligations. 3. He urged…
Coca-Cola HBC says 944,948 young people across its markets in Nigeria and the rest of the globe have benefited from its Youth Empowerment Programme. ” Our aims is to train one million young people by 2025 so that they are equipped with the skills, experience and confidence they need to secure a brighter future,” said…
Numbering 25 members across Lagos, Rivers, Enugu, and Bayelsa state, the expulsion followed an emergency NEC meeting in Lagos, where the members adopted the recommendations of a disciplinary committee set up to investigate alleged acts of disobedience and misconduct by some officers and affiliates.
Luke Miels will take over on January 1 from Walmsley, who will have been at the helm for almost nine years, GSK said in an unexpected announcement.
Image credit: Afreximbank ‘He succeeds Benedict Oramah, a professor, who has served as President and Chairman of the Board of Directors since 2015, and who will be stepping down in September.” The shareholders of the African Export-Import Bank (Afreximbank) have appointed George Elombi as the next President and Chairman of the Board of Directors of…
The Oyo State Government has banned the use of styrofoam, popularly called takeaway packs for packaging food. The State’s Commissioner for Health Oluwaserimi Ajetunmobi, stated this during the Food Safety Stakeholders Forum held today, at the Conference Room of the Ministry in Ibadan. Ajetunmobi said the menace of food poisoning, indiscriminate use of chemical products…
