Thursday, 8th December 2022
Breaking News:

Segun Ajayi-Kadir

1 day ago
Governments, households, and firms are grappling with an energy and cost-of-living crises that were exacerbated by the war in Ukraine. For Nigerian manufacturers, this was not the expectation at the beginning of the year, even though some of the challenges had lingered. With high inflation and rapidly tightening monetary policy however, local manufacturers are worried…
9 Nov
After weeks of relief, diesel prices appear to be on the rise again, partly in response to the volatility in the energy market over concerns about supply from Europe and unstable foreign exchange rates.
9 Nov
Local producers in the country have continued to groan under rising operational expenses; especially those triggered by scarce and fluctuating foreign exchange rates and higher energy prices.
4 Aug
Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has commended the initiatives of the Mohammed Bello Koko-led management of the Nigerian Ports Authority (NPA) towards promoting exports of locally manufactured goods.
20 Mar
There is apparently no respite for the industries soon, as cost of diesel soared by 70 per cent in one year, even as the gas alternatives are lacking necessary infrastructure and enabling policies to sustain the crucial sector.
30 Jan
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to extend the implementation of the E-invoice and E-evaluator initiatives by 90 days to accommodate inputs of the stakeholders.
20 Aug 2021
The Nigerian Customs Service (NCS) has concluded plans to carry out an inspection exercise of all automobile manufacturing and assembly plants currently operating in Nigeria.
14 Jul 2021
Backward integration is a well-known competitive strategy. By taking control of its supply chain, an organisation can bring down the costs as well as guarantee access to key materials.
16 Jun 2021
Measured by the Consumer Price Index (CPI), inflation indicates the broad-based level of prices of goods and services in an economy. Little wonder then that the figure is crucial to both economists and policy makers.
26 May 2021
Despite recovery from the negative growth recorded by the manufacturing sector last year, operators have expressed optimism about sustained momentum, urging the government to address...
20 Apr 2021
It’s double trouble for most Nigerian families, having to cope with the increasing number of dependents amid constant struggles with stagnant earnings and dwindling fortunes now punctured...
24 Feb 2021
Improvement in local manufacturers’ confidence in the economy as well as sectoral recovery, remains challenged by parlous state of infrastructure and poor implementation


2 hours ago
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) have been asked to launch a proper investigation into the qualifications of the Executive Director of the Nigerian Export-Import Bank (NEXIM), Stella Erhuvwuoghene Okotete. The petitioner, Lawyers for Reform Group (LRG), in a letter acknowledged on behalf of the ICPC Chairman, told the commission that…
3 hours ago
An overnight fire has burned down a filling station, Danmarna, at Lugbe, in the Federal Capital Territory, (FCT), Abuja.
5 hours ago
• vows his government will not be distracted by looking back at PDP's misgovernment Deputy president of the Senate and governorship candidate of the All Progressives Congress in Delta State, Senator Ovie Omo-Agege, has said that his government will not seek vendetta against Governor Ifeanyi Okowa and the governing Peoples Democratic Party if elected to…
5 hours ago
Peru's new President Dina Boluarte was under pressure Thursday to quell the political turmoil rocking the country, a day after the dramatic arrest of her predecessor, who stands accused of attempting a coup. The South American country's first-ever woman leader asked the opposition for a truce as she prepared to form a government, as doubt…
6 hours ago
Brazil coach Tite has hit back at criticism of his players' dancing goal celebrations in their World Cup win over South Korea, dismissing suggestions they showed a lack of respect.