Manufacturers deepen local raw materials sourcing, up 11% in 3yrs
By Yinka Kolawole Nigeria’s manufacturing sector recorded a steady increase in the use of locally sourced raw materials between 2021 and 2024, with the share rising from 51.5 per cent in 2021 to 57.1 per cent in 2024, as foreign exchange pressures, naira depreciation and rising import costs pushed manufacturers towards domestic alternatives. Data from […]
CPC decries high rate of consumer rights abuse in key sectors
The Director-General, Consumer Protection Council, Mrs. Dupe Atoki, has decried the high rate of consumer rights abuses in the telecommunications, aviation, banking and power sectors of the Nigerian economy.
Operators call for resolution of PIB, NOSDRA bills conflicts
ABUJA — Industry stakeholders have called for a thorough amendment of the National Oil Spill Detection and Response Agency, NOSDRA Bill currently before the National Assembly, to remove any conflict between it and the Petroleum Industry Bill, PIB.
Access Bank tasks local companies on good governance
The surest way indigenous oil and gas operators or any company operating in Nigeria can continue to have support from the banks is by instituting a culture of good corporate governance, while also pooling resources together.
Top 10 performing stocks
On the top 10 performing stocks last week were the shares of Honeywell Flour Mill Plc, Glaxosmithkline Consumer Nig. Plc, Costain (West Africa) Plc, Aiico Insurance Plc, Wema Bank Plc and Champion Breweries Plc.
Chevron, others invest in eradication of tuberculosis in Nigeria
Chevron Nigeria Limited, its affiliate, Star Deep Water Limited and partners in the Agbami project, have further increased their investment in the eradication of tuberculosis in the country to boost sound healthcare delivery in Nigeria, with the donation of a fully equipped chest clinic to Katsina state.
