Shelter Afrique Seeks a Review of Key Statutory Documents
Pan-African housing development financier – Shelter Afrique is seeking to review and harmonize the statutory documents that established the institution, citing inconsistencies in its constitutive documents. The Company is also seeking a review of the host country agreement to incorporate…
CBN’s naira redesign policy worsened the informal sector—UN Report
Fresh revelations have emerged from the recent currency abracadabra carelessly stage-managed by the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele in the name of currency redesign policy which did not only fail, but pushed the ailing economy further…
Dangote: Global synergies, Investments saved 12m lives from Malaria deaths
As the World Malaria Day is marked globally, President of Dangote Group and United Nations’ Malaria Ambassador for Nigeria, Aliko Dangote has called for joint actions by all stakeholders globally if the collective goal of the disease elimination by 2030…
Konga makes 2023 list of best 25 companies to work in Nigeria
Konga, Nigeria’s leading composite e-commerce giant, has been ranked among an exclusive list of 25 companies rated as the best place to work in Nigeria for 2023. The list, released by professional networking platform, LinkedIn, saw the Konga Group placed…
LASG seals partnership for steady supply of Paddy Rice to Imota Mill
The Special Adviser to the Governor on Agriculture and Rice Mill Initiative, Dr. Oluwarotimi Fashola has said that the government has sealed a partnership that would ensure liquidity to support the continuous supply of paddy for the Rice Mill in…
Okpala-Okaka opens up on ASPMDA Extension allocation process
…Gives up date on ASPMDA digitization Ahead of Wednesday, April 26, 2023 celebration of the first 100 days in office of the administration, the general Secretary of the largest auto market in sub-Saharan Africa, Auto Spare Parts and Machinery Dealers…
Warri now living on its past shadows?
By Victor O Otobo WARRI City, Delta State, was the biggest industrial hub (City) in Nigeria in the 70’s – 90’s. Warri Refinery, NNPC, DSC , Delta glass, Shell, Chevron, Schlumberger, Dunlop, Agip, Saipem, Halliburton were in full operation back…
Nigeria’s inflation jumps to 22.04% y/y in March
The National Bureau of Statistics (NBS) recently released the March 2023 inflation report, showing that the headline inflation increased by 13bps to 22.04% y/y (February: 21.91% y/y) – the highest print since September 2005 (24.32% y/y). Parsing the breakdown provided,…
MANCAP to get equivalent for imported goods—SON DG
Considering the gains of Mandatory Conformity Assessment Programme (MANCAP); a mandatory product certification scheme put in place by Standard Organisation of Nigeria (SON) to ensure that all locally manufactured products in the country conform to the relevant Nigerian Industrial Standards…
Dangote Sugar pays N18.22bn Dividends, targets 170,000 Tonnes next season
Despite the economic headwinds that characterised 2022, Dangote Sugar Refinery Plc (DSR) will pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting the production of over 170,000 tonnes of sugar next season….
