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UK manufacturing output rises despite smaller workforce

UK manufacturing output rises despite smaller workforce

A smaller workforce helped UK manufacturers produce goods and materials worth 150.9 billion pounds in the third quarter of 2024, according to an analysis of ONS data by FourJaw Manufacturing Analytics. This was 1.9 billion pounds more than in Q3 2023, an increase of 1.2%. FourJaw’s analysis, which informs its UK Manufacturing Productivity Index, reveals the […]

Manufacturers should be shielded from spurious consumer claims — MAN

Manufacturers should be shielded from spurious consumer claims — MAN

By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) has emphasized the need to shield genuine manufacturers from “spurious” claims under the guise of consumer rights protection. Director General of MAN, Segun Ajayi-Kadir, said this at a webinar organised by the association with the theme, “Balancing the Equation between Consumer Protection and Manufacturers’ Rights”. According to […]

EXPORT: FG set to tackle regulatory, bureaucratic challenges — Minister

EXPORT: FG set to tackle regulatory, bureaucratic challenges — Minister

By Yinka Kolawole In a bid to boost non-oil exports, the Federal Government, FG, has said it is set to tackle regulatory and bureaucratic issues that are driving up cost of exports, making Nigerian goods uncompetitive in the global market. Disclosing this at a ministerial export consultation session with Nigeria’s top 100 exporters in Lagos, the […]

WISCAR honours Opeke, others at 16th Annual Leadership Confab

WISCAR honours Opeke, others at 16th Annual Leadership Confab

By Ebunoluwa Sessou CEO of MainOne, Funke Opeke among other recipients would be honoured by the Women in Successful Careers (WISCAR), at the 16th Annual Leadership and Mentoring Conference scheduled to hold on December 12, 2024, at the MUSON Centre, Onikan, Lagos. She will be honored with the Distinguished WISCAR Award for her trailblazing contributions […]

Manufactured goods export up 118% to N749.5bn in H1’24

Manufactured goods export up 118% to N749.5bn in H1’24

*Increase due to Naira devaluation — Analysts *Only favours few manufacturers — MAN By Yinka Kolawole Revenue from the export of manufactured goods from Nigeria rose by 118.33 percent to N749.52 billion in the first half of 2024 (H1’24) compared to N343.29 billion recorded in the same period last year (H1’23), available data has shown. Analysts […]

FCCPC engages Air Peace, others over alleged consumer rights violation

FCCPC engages Air Peace, others over alleged consumer rights violation

Abuja: The Federal Competition and Consumer Protection Commission FCCPC, has inaugurated a major inquiry into widespread consumer complaints against leading players in the banking, telecommunications, and aviation sectors. A statement issued by Mr Ondaje Ijagwu, the Director Corporate Affairs of the Commission yesterday in Abuja, said it would engage the banks over reports of network […]

How Nigeria struggles to raise crude oil production — Investigation

How Nigeria struggles to raise crude oil production — Investigation

At the backdrop of controversies surrounding Nigeria’s crude oil output, details have shown that Condensate, light premium crude which is also the key make-up for Nigeria’s crude oil basket, has stagnated in the first 10 months of 2024 with average output recorded at 211,401 barrels per day (bpd), about 11.4 percent drop from 238,489 bpd recorded in the corresponding period of 2023.

Aviation workers back Najomo as NCAA substantive DG

Aviation workers back Najomo as NCAA substantive DG

By Dickson Omobola Joint Action Congress, JAC, of the Nigeria Civil Aviation Authority, NCAA, has urged President Bola Tinubu to confirm acting Director General of the NCAA as the substantive DG. JAC, comprising the Air Transport Services Senior Staff Association of Nigeria, ATSSSAN, National Union of Air Transport Employees, NUATE, Association of Nigeria Aviation Professionals, […]