Archives for INDUSTRY
Manufacturing costs soared by 18.2% in Q4 – MAN
Production and distribution costs in the manufacturing sector surged by per cent in the fourth quarter of last year, highlighting the macroeconomic environment’s worsening impact on manufacturers. Director-General of the…
Manufacturers call for reconsideration of proposed 15% hike in port charges
The Manufacturers Association of Nigeria (MAN) has implored the Nigerian Ports Authority (NPA) to pull the breaks on the proposed 15 per cent increase in port charges and instead, collaborate…
Fed Govt pegs interest on N1tr housing loans at 12%
The Federal Government has announced a N1 trillion real estate funds aimed at facilitating home ownership through the provision of low-interest loans at a 12per cent interest rate. This initiative…
Tariff Hike: Manufacturers Demand DisCos Review
BY NGOZI ONYEAKUSI The Manufacturers Association of Nigeria has called on the Federal Government to review the performance of electricity distribution companies in light of their investment in distribution infrastructure,…
2025: Manufacturing outlook depends on economic reforms outcome: MAN
The Manufacturers Association of Nigeria (MAN) said that the outlook of the manufacturing sector in 2025 will largely depend on the outcome of the ongoing economic reforms of the federal…
Feb 1 Clampdown On Vehicles Without Insurance: NCRIB Lauds NAICOM
... List Achievements BY NGOZI ONYEAKUSI L-R: Honourary Auditor, the Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Wale Oshodi; President, Prince Babatunde Oguntade; Deputy President, Mrs. Ekeoma Ezeibe…
Gwandu Urges African Countries to Unite for 600MHz Mobile Spectrum Allocations
BY NGOZI ONYEAKUSI Dr. Bashir Gwandu, former Acting Executive Vice Chairman and CEO, Nigerian Communications Commission (NCC) and former EVC/CEO, National Agency for Science and Engineering Infrastructure (NASENI), has urged…
High production cost making local goods uncompetitive: MAN
The Manufacturers Association of Nigeria has described the high cost of production as a major obstacle to the competitiveness of made-in-Nigeria goods. The Director General of MAN, Segun Ajayi-Kadir, told The…
NAICOM Lauds Partnership With NFIU On Anti-Money Laundering
From Left: Mr. Ahmed Adamu Director, Innovation & Regulation NAICOM; Dr. Usman Jankara Jimada Deputy Commissioner, Olusegun Ayo Omosehin, Commissioner for Insurance/CEO, Hafsat Abubakar Bakari, Chief Executive Officer, NFIU; Mr.…
Forex: Dangote repatriates $687,977m from pan-African operations
Dangote By Ngozi Onyeakusi---Management of Dangote Industries Limited (DIL), has revealed that the company has so far repatriated over USD576,008, through various banks in Nigeria, in addition to a USD$111,968,…