Industry
24 Jan
The Lagos Chamber of Commerce and Industry (LCCI) has argued that growth in both trade and manufacturing has drastically declined in the last six months, adding that urgent steps must be taken to save the sectors from total collapse.
18 Jan
President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has urged the federal government to remove the many obstacles that hinder the organised private sector (OPS) from investing
17 Jan
The federal government is set to launch an intervention package tagged Business Champion Programme targeted at large and medium-scale businesses.This was announced by the Special Adviser to the President of the Presidential Enabling Business Environment Council ..
17 Jan
FrieslandCampina WAMCO Nigeria PLC has appointed Roger Adou as managing director, effective January 1, 2024. He takes over from Ben Langat and will report to the President, the Middle East, Pakistan and Africa Business Group (MEPA), Ali Khan, and based in Lagos.
17 Jan
The Economic Report on Africa 2023 (ERA 2023) has revealed that achieving sustainable growth and building resilience requires structural transformation. It added that any successful industrial policy requires sectoral focus as well as getting the basics right...
17 Jan
The Illinois Department of Commerce and Economic Opportunity – the Office of Trade and Investment, Government of Illinois – is set to implement an inbound trade mission from the United States to Nigeria.
3 Jan
Nigeria's Terms of Trade (ToT) of all commodities recorded a slight decline of 0.03 percentage points in the third quarter of 2023, National Bureau of Statistics (NBS) has revealed.
3 Jan
As manufacturers and MSMEs kickstart a new business year, economic indicators do not look very promising as many industrialists are still reeling from the difficulties experienced in 2023, when many businesses experienced record losses arising from several factors.
27 Dec
In a bid to develop a framework to build and enhance consumer credit in Nigeria, the Presidential Council on Industrial Revitalisation has established a Technical Working Group with members from the Central Bank of Nigeria
27 Dec
Vice-President, Lagos Chamber of Commerce and Industry (LCCI) and head of the chamber’s Public Affairs and Advocacy Committee (PAAC), Prince Abimbola Olashore, has decried the exorbitant cost of testing and overly-rigorous processes local businesses...
27 Dec
To reward excellence, Crown Flour Mill, feted its distributors in Abuja and Lagos, hosting a customer forum to express gratitude to them for their patronage and support throughout the year. The Abuja event, which was held at Fraser Suites,
27 Dec
Total trade in goods and services (exports and imports) between the UK and Nigeria sits at £6.9 billion, an increase of 18.5 per cent or £1.1 billion, latest figures from the UK’s Department for Business and Trade have revealed.
4 hours ago
Data sourced from the Central Bank of Nigeria (CBN) suggest the economy may be relapsing to cash hoarding again a year after the chronic currency scarcity even as the proportion of currency in circulation that is held outside the banking system has returned to the pre-naira redesign level.
4 hours ago
African Development Bank (AfDB) President, Dr Akinwumi Adesina, said that Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth.
4 hours ago
President of the Commonwealth Association of Tax Administrators (CATA) and chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has called for increased capacity building to enhance tax administration processes among members of the global body.
4 hours ago
The recently held 13th Convocation Ceremony of the National Open University of Nigeria (NOUN) may have come and gone, its memories will linger for a long time to come.
5 hours ago
The Nigeria Economic Summit Group (NESG) said the Lagos Free Zone (LFZ) has the potential to contribute significantly to the country's gross domestic product (GDP) if fully harnessed.
5 hours ago
Stakeholders at the 2024 yearly lecture of the Chartered Institute of Bankers of Nigeria (CIBN) have called for the adoption of appropriate credit culture to pave the way for an enhanced loan securitisation process and availability of credit to the real sector.
5 hours ago
Stakeholders have highlighted significant failure in the implementation of the Sustainable Development Goals (SDG) relating to transport in Nigeria, expressing deep concern over the country's lag in creating effective transport policies that align with SDG 11.2 which aims for safe, affordable and sustainable transport systems by 2030.
5 hours ago
With the announcement by MTN Group of the appointment of M&C Saatchi Africa as its marketing communications partner across all MTN Group, M&C Saatchi's Nigerian affiliate, SO&U Group, will be responsible for the business in Nigeria.
5 hours ago
Mastercard and the Committee of E-Banking Industry Heads for Nigeria (CeBIH) have joined forces to tackle the activities of cyber criminals in the country.
5 hours ago
United Capital Plc has assured shareholders that the firm would deploy robust digital technology to further unlock opportunities and stay ahead of trends in the industry.