NACCIMA
3 days ago
Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) and the Ghana National Chamber of Commerce and Industry (GNCCI) have signed a Memorandum of Understanding (MoU) to strengthen business collaboration and boost bilateral trade between the two countries.
28 Aug
One year after Dr Doris Uzoka-Anite was sworn in as the Minister of Industry, Trade and Investments, manufacturers and industrialists are yet to feel any improvement in the real sector as their situation has become even more dire
28 Aug
The Director-General, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Sola Obadimu, has decried the inefficiencies at Nigerian ports, revealing that they add up to 50 per cent to the cost of goods and worsen inflation in the country.
7 Aug
IN the face of rising costs, low sales and worsening business confidence, stakeholders are calling for urgent actions to raise the bar of industrialisation, TOBI AWODIPE writes. Business activities in the private sector are off to a poor start in the second half of the year, showing a contraction in key indices. A recent purchasing managers’ index (PMI) revealed…
7 Aug
(FX) rate benchmark to N1,618/$1, stoking concern about the sincerity of the government in addressing the challenges facing manufacturing. The increase, manufacturers said, is extremely insensitive to their plight, especially at this time when they are asking for concessions. They lamented that despite the hardship they are forced to go through, the government has turned…
12 Jun
The Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has called on the Federal Government to create more policies and reduce taxes for businesses to strive in the country.
5 Jun
Stakeholders have described the sharp drop in letter of credit (LC) applications as a sign that production is almost non-existent.
29 May
Following the inauguration of President Bola Tinubu as Nigeria’s president, he promptly announced the removal of fuel subsidy, unification of the exchange rate as well as his desire to turn Nigeria into a productive powerhouse amongst other promises.
28 May
The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has called for an urgent paradigm shift in the country’s monetary policies to stabilise the economy and drive sustainable economic growth and development.
27 May
A former Minister of Defence, Adetokunbo Kayode, has tasked President Bola Tinubu on the implementation of the Defence Industries
27 May
The spike in the forex market that snowballed into unending instability is reverberating in key sectors of the economy.
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The Peoples Democratic Party (PDP) on Sunday strongly rebuked former Kano State Governor, Rabiu Kwankwaso, branding him as a failed and insignificant politician. Kwankwaso, who was the 2023 presidential candidate for the New Nigeria Peoples Party (NNPP), recently criticized the PDP, claiming it is no longer relevant. Speaking during the inauguration of a newly renovated…
4 mins ago
The media department of Mercyland Television, representing Christ Mercyland Deliverance Ministry, has expressed shock over a misleading report in some sections of the media, alleging non-cooperation with authorities. The story, attributed to the Director General of the National Agency for Food and Drug Administration and Control (NAFDAC), claimed that the agency was investigating the church’s…
38 mins ago
The Senate Committee on Local Content has launched free corporate business registration for youths to boost employment opportunities. Senator Natasha Akpoti-Uduaghan (PDP, Kogi Central), who spearheaded the initiative in Kogi State, also empowered tertiary institution students with multipurpose business carts and announced the free Corporate Affairs Commission (CAC) registration for 2,500 Small and Medium Enterprises…
38 mins ago
Nigerian singer Dammy Krane has publicly apologised to David Adeleke, popularly known as Davido. The pair have been embroiled in a bitter feud for years, with Krane making a series of accusations against the Grammy-nominated artist, including involvement in unpaid debts. The tensions escalated recently when Krane was arrested, allegedly on the orders of Davido,…
47 mins ago
President of the Nigeria Union of Journalists (NUJ), Dr. Chris Isiguzo has advised the first cohort of the inaugural PRNigeria Young Communication Fellowship to leverage social media to become media and public relations. He spoke at the opening of the one-month capacity-building training for 10 select fellows. The event was held in Abuja at the…
50 mins ago
Senator Shehu Umar Buba has expressed sorrow over the recent flood that ravaged parts of Bauchi State, particularly Fadaman Mada, which suffered damage to homes and others. In response to the disaster, the Chairman of the Senate Committee on National Security and Intelligence donated N10 million and 500 bags of rice to five LGAs. The…
59 mins ago
The Nigerian Army has directed 196 soldiers to embark on terminal leave with effect from November 1, 2024. The directive follows the submission of resignation letters by the soldiers. The soldiers were reportedly drawn from various formations of the army across the country and were mainly rank-and-file. However, a memo sighted by The Guardian and…
1 hour ago
Russia on Sunday said its forces had advanced in eastern Ukraine as Kyiv reported deadly air attacks and urged the West to allow it to carry out more retaliatory strikes inside Russia. Russian attack drones flying towards Ukraine also breached the airspace of NATO members Romania and Latvia, the countries said Sunday, triggering calls for…
1 hour ago
The Police Command in Lagos State says it has begun an investigation into the death of a 20-year old man allegedly killed by gunmen. The command’s spokesperson, SP Benjamin Hundeyin, confirmed this to the News Agency of Nigeria (NAN) on Sunday. Hundeyin said that Okokomaiko Police Division received information from concerned members of the public…
1 hour ago
A pro-democracy organization, Kwara Must Change, has urged the Federal Government to partner with the Dangote Group to sell its products, particularly petroleum, to African countries in naira. READ ALSO:Methodist bishop gifts okada riders petrol in Imo In a statement released on Sunday, the Convener of Kwara Must Change, Abdulrazaq Hamzat, stressed the…