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Osun 2026: APC group opposes zoning

Shina Abubakar, Osogbo A group within Osun State All Progressives Congress, APC, has urged the party leadership to jettison zoning its governorship ticket in favour of an open contest among interested aspirants. The group also vowed to mobilise over 100,000 thousand fresh voters for the party in a bid to wrestle power from the Governor […]

China’s competitiveness in manufacturing rises in 2024

China’s competitiveness in the manufacturing sector was enhanced in 2024, CCTV News has reported. According to the report, the national manufacturing quality competitiveness index increased to 85.6 this year, up from 85.21 last year. This sustained upward trend indicates a steady enhancement in China’s manufacturing competitiveness in terms of quality. The safety situation of food, medicine, […]

UK manufacturing output on fastest fall since 2020

UK’s manufacturing output volumes fell at the fastest pace since mid-2020 in the quarter to December amid weak demand, according to the Confederation of British Industry’s (CBI) latest Industrial Trends Survey (ITS).  Manufacturers expect another steep drop in output over the next three months, the survey also suggested. The total and export order books deteriorated sharply […]

Economic disadvantages of private air strips

By Dele Sobowale “History does not repeat itself; man does.” Barbara Tuchman, Harvard University Historian. The Minister of Aviation, Festus Keyamo, is adamant that the licence given to a private organisation/individual will not be revoked. In that statement, the Minister betrays ignorance four ways, historical, social, security and economic – as will be shortly explained. But, […]

MAN condemns sealing of factories in Lagos

•Seeks Gov Sanwo-Olu’s intervention  The Manufacturers Association of Nigeria (MAN) has condemned the sealing of some factories in Lagos by the Lagos State Water Regulatory Commission (LASWARCO) over allegations of non-compliance with water abstraction regulations.  In an open message to Governor Babajide Sanwo-Olu on Friday, the Director General of MAN, Segun Ajayi-Kadir, said the association was […]

$50bn FDI can crash inflation to 5%, says Teriba

A renowned economist, Ayo Teriba, has said that if the federal government is able to attract $50 billion worth of foreign direct investment (FDI) into Nigeria, the country’s inflation rate can be brought down to 5 percent by 2025. Teriba, who is also the Chief Executive Officer of Economic Associates (EA), speaking on a Television programme, […]

VAT reform to reduce manufacturing cost by 3.3% – Oyedele

Stories by Yinka Kolawole  The Chairman of the Presidential Tax Reform Committee, Taiwo Oyedele, has said that the proposed Value Added Tax (VAT) reform will reduce the cost of manufacturing by about 3.3 percent when implemented. Oyedele disclosed this in a post titled, ‘Impact of Proposed VAT Reform on Cost Budget’, adding that the proposed VAT has […]

From souvenirs to sustainability: How Oyinkansola Odiase’s ‘The Gift Sorter’ is redefining gifting in Nigeria”

Gift-giving in Nigeria is more than just a tradition; it’s a heartfelt expression of connection, culture, and care. Oyinkansola Odiase, the visionary behind The Gift Sorter, has taken this cherished practice and turned it into a thriving business that combines personalization, sustainability, and thoughtfulness. What started as a passion for creating meaningful gifts has grown […]

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