S’Africa’s Oppenheimer acquires stake in NigerianSaturday, December 2, 2023
Jonathan Oppenheimer, son of South African billionaire, Nicky Oppenheimer, has bought majority stake in Nigeria rsquo;s biggest beverage can manufacturer, GZ Industries. According to Bloomberg, the deal was announced in a statement from Affirma Capital, formerly known as Standard Chartered Privat ...
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Manufacturers Urges Sanwo-olu To End Truck Drivers Harassment By HoodlumsSaturday, December 2, 2023
The Manufacturers Association of Nigeria has urged the Lagos State Government to address and put an end to the incessant harassment of manufacturers by louts, popularly called agberos. This was disclosed by the Director-General of the Association, Segun Ajayi-Kadir stated this during his remarks ... |
Workers’ Pensions May Increase In 2024 – Wages CommissionSaturday, December 2, 2023
According to the details contained in the report on the harmonisation of pensions submitted to the Federal Government by the National Salaries, Incomes and Wages Commission, pensioners in the federal civil service may get a raise in their pension stipends next year. It was disclosed that the rais ... |
UBA Sign $6bn MoU With AfCFTA To Fund SMEsSaturday, December 2, 2023
United Bank for Africa, one of Nigeria rsquo;s Tier One Lenders, has disclosed a signed $6bn Memorandum of Understanding with the African Continental Free Trade Area secretariat targeted towards funding Small and Medium Enterprises to help them tap the opportunities presented by the AfCFTA. This ... |
Lagos Chamber of Commerce and Industry (LCCI) Advises FG To Focus On Improving CFriday, December 1, 2023
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has critically advised the federal government to improve its budget performance in terms of capital expenditure in 2024. While speaking in Lagos, Almona noted that the performance of the capital expendi ... |
APFFLON Group: FG Should Reduce Customs Duty On Ambulance, OthersFriday, December 1, 2023
The Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has advised the federal government to reduce customs duties on ambulances, firefighter vehicles as well as agricultural equipment. This was disclosed by the group in an open letter to President Bola Ahmed ... |
Livingtrust Mortgage Bank Bags Msmes AwardFriday, December 1, 2023
At the 2023 Development Bank of Nigeria Service Ambassadors Awards, the LivingTrust Mortgage Bank Plc for the second consecutive year clinched the award for the Participating Financial Institution with the Highest Impact on MSMEs Accessing Credit for the First Time. In a statement issued by the b ... |
Organised Private Sector of Nigeria (OPSN) Urges Tinubu To Improve Business EnviFriday, December 1, 2023
The Organised Private Sector of Nigeria (OPSN) has advised the President Bola Tinubu to improve the business environment to effectively attract foreign direct investments (FDIs). This was disclosed following Tinubu rsquo;s recent business trip to the United Arab Emirates (UAE), claiming that he w ... |
Market Research Is Key To Success For Young Entrepreneurs - Julie Kubia, ResThursday, November 30, 2023
What opportunities and challenges do Africa rsquo;s young entrepreneurs face in the African Continental Free Trade Area (AfCFTA)? On behalf of the Economic Commission for Africa, Busani Busani put the question to Julie Kubia, research director of Africa Field Agents, a Kenya-based marketing firm. ... |
FG Economic Policies Seek To Boost FDI – Enugu GovThursday, November 30, 2023
The governor of Enugu State, Peter Mbah, has disclosed that the significance of economic policies of the Federal Government will boost Foreign Direct Investments in the country. This was disclosed by Mbah while speaking with journalists following a visit to President Bola Tinubu at the Aso Rock v ... |
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