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Recession may extend beyond in 2017 if…, says MAN boss

man logo

The President, Manufacturers Association of Nigeria (MAN), Dr. Frank Jacobs, has raised alarm, saying if government fails to introduce policies and initiatives to control the economy the current economic situation, and recession will go beyond next year. According to him, government needed to take steps to shore up the manufacturing sector by ensuring that the concessionary Forex allocation to the ...

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Nigeria far on the list of Climate Change Performance Index 2017

Facts have revealed that countries of the G20 like India, Argentina and Brazil are leading in the latest Climate Change Performance Index (CCPI) 2017 with Morocco as a frontrunner in Africa. Though Nigeria is far in the list, the report released Wednesday said India ranks 20, Argentina at 36 and Brazil stands at 40. They all improved their rankings in ...

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Poor storage facilities wasting 45% post-harvest farm products yearly

Audu Ogbeh

The agricultural sector has continued to lose about 45 per cent post-harvest food items to inadequate storage facilities in cities of sales. The Chief Operating Officer of Cold Hubs, Mr.Bright Igbokwe, said this in Lagos at a one-day seminar organized by the Consulate-General of the Federal Republic of Germany in Nigeria and the Delegation of the German Industry and Commerce. ...

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Obaseki to rebuild Benin Technical College to drive self-reliance


Barely two days into his administration, the new Governor of Edo State, Mr. Godwin Obaseki has conducted a tour of the Benin technical College and vowed to rebuild it to drive industrial revolution in the state. Inspecting facilities in the school, he decried the level of rot, recalling that the institution was one of the two technical school build and ...

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Lafarge Africa wins double at 2016 SERA awards in Lagos

Lafarge Africa Plc, a leading construction solutions company in Nigeria has emerged Best Company in Stakeholder Engagement in Nigeria at the 10th edition of the Social Enterprise Report Awards (SERAs), in recognition of its unflinching commitment to Corporate Social Responsibility (CSR), stakeholder engagement and consistent contribution to sustainable development. The building materials giant was also one of the three companies ...

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Obiano deepens ease of doing business, reduces land registration stress

Gov Obiano

More states are now making issues relating to access to land for investors very simple to attract genuine developers. A clear pointer to this is the recent move by the Anambra State Government, in conjunction with the Presidential Technical Committee on Land Reform, to start a systematic land titling and registration in the state. The first shot was fired by ...

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Forex crisis, inflation force up cement prices

Before recession, relative cement prices across the nation were around N1,400  and N1,800. But since the forex crisis joined forces with recession, all local manufacturers have jerked up their prices citing cost of doing business as key factor. Otherwise, the Cement Manufacturers Association of Nigeria (CMAN) have raised prices of brands by N600 per bag in factories, including additional N100 ...

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Lafarge Africa’s national literacy competition now on final stage

Following the successful completion of the regional competitions in the six geopolitical zones of Nigeria, the 3rd edition of Lafarge Africa National Literacy Competition, organized in partnership with the Ovie Brume Foundation has reached its peak. 12 pupils from Edo, Enugu, Gombe, Kaduna, Lagos and Plateau States will strive to emerge as winners in a keen competition at the Grand ...

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Nigeria, 6 others get $13m Shea Initiative

The Global Shea Alliance (GSA), in partnership with the United States Agency for International Development (USAID), has launched a $13 million Shea Sustainability Initiative to promote and sustain initiatives for Shea in seven West African countries. The beneficiaries include Nigeria, Ghana, Togo, Benin, Cote D’Ivoire, Burkina Faso, and Mali. The initiative will focus on women’s empowerment such as constructing warehouses ...

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Global tourism records one billion visitors in first nine months of 2016 – UNWTO

Tourism sites around the world have recorded close to about one billion visitors in the first nine months of 2016, the United Nations World Tourism Organisation (UNWTO) says. The UNWTO World Tourism Barometer found that destinations around the world received 956 million international tourists between January and September 2016. “This is 34 million more than in the same period in ...

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