The Manufacturers Association of Nigeria has expressed concerns about the high interest rates set by banks. They noted that manufacturing exports decreased massively dropping from N1.04 trillion in the third quarter of 2024 to just N294.43 billion in the first quarter of 2025, which is a decline of N746.38 billion.
Taiye Olayemi The Nigerian Exchange Group (NGX), on Tuesday, said policy inconsistency, currency woes must be tackled to achieve the Federal Government’s proposed $1 trillion economy. Dr Umaru Kwairanga made the call while speaking with the News Agency of Nigeria (NAN) in Lagos. He said these were challenges that must
A prominent security firm, Emirates Logistics, has urged President Bola Ahmed Tinubu to tackle the rising cost of petrol and food products nationwide, stating that this predicament is impacting millions of households in Nigeria. Speaking in Abuja over the weekend, as the country marked the second anniversary of the Tinubu
Manufacturers Association of Nigeria (MAN) says unlocking the full potential of the nation’s manufacturing sector is not merely an economic choice, but a “strategic necessity” for sustainable national development. Director General, MAN, Mr Segun Ajayi-Kadir, said this in his keynote address at the 2025 BusinessDay Manufacturing Conference on Thursday in
President Bola Tinubu has sought the approval of the National Assembly for the 2025-2026 external borrowing plan of 21.5billion dollars.The president also sought the approval of the Senate and House of Representatives for a loan request of 15 billion Japanese Yen and 51 million Euros grant.The News Agency of Nigeria
In recognition of its exceptional contributions to innovative financial solutions for Micro, Small, and Medium Enterprises (MSMEs), Fidelity Bank Plc has been awarded the 2025 Development Bank of Nigeria (DBN) Innovation Award in the Deposit Money Bank (DMB) category.This prestigious accolade celebrates Fidelity Bank’s commitment to addressing the unique challenges
The Bureau of Public Procurement (BPP) cordially invites all Ministries, Departments, and Agencies (MDAs), along with relevant stakeholders, to diligently comply with the newly established Presidential Directives on public procurement, as approved by the Federal Executive Council (FEC) during its meeting on Monday, May 5, 2025, at the distinguished Council
The Manufacturers Association of Nigeria (MAN) has praised the Federal Government for its ‘Nigeria First’ policy initiative, which highlights the critical need to support locally produced goods and services while promoting local content development through the transfer of vital technical expertise to Nigerian professionals. Mr. Segun Ajayi-Kadir, the Director General
Hannatu Musawa, Minister of Art, Culture, Tourism, and Creative Economy (FMACTCE) says the Federal Government, through the ministry, has launched the Creative Economy Development Fund (CEDF) to ensure that creative industries thrive. The minister made the disclosure in a statement signed by her Special Assistant on Media and Publicity, Nneka
Shareholders are expressing their dissatisfaction against the N436.5 billion that seven banks have disbursed to the Asset Management Corporation of Nigeria (AMCON) as part of the banking sector’s resolution expenses for 2024. Several shareholders voiced their worries, indicating that this payment adversely affects their investments. Mrs. Bisi Bakare, the National