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 […]
Shelter Deficit: One million housing units underway
WITH a housing deficit of 17 million units, it was not a surprise that the Federal Government,FG, through its various agencies, has embarked on programmes geared towards providing one million houses annually.
Port Harcourt airport loses N4.7b cargo revenue — Adewunmi
The Chairman of PrimePort Logistics ,Mr Femi Adewunmi, has revealed that Port Harcourt International Airport, Port Harcourt, Rivers States, has been losing an annual cargo revenue of about 4.7 billion Naira due to underutilization by freight forwarders.
Bristow Helicopters committed to ‘Target Zero’project—Bains
Bristow Helicopters (Nigeria) Limited is the leading Helicopter Operator in Nigeria. Bristow, whose core business is helicopter transportation to the offshore oil and gas industry, search and rescue (SAR) services, helicopter maintenance, modification or repair, helicopter pilot training , took aviation reporters on a facility tour of their Nigerian Air Force Base facility, Port Harcourt, Rivers State.
Diezani Alison Madueke dedicates Forbes award to Africa’s women
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has reacted to the Forbes Magazine Best of Africa Award In leadership conferred on her in New York, United States of America.
Stanbic IBTC Pension Managers launches customers’ email data campaign
In a bid to foster seamless interface with its customers in a safe and effective manner, Nigeria’s leading Pension Fund Administrator (PFA), Stanbic IBTC Pension Managers Limited, has launched a customer email data collection exercise in which customers are required to provide their email accounts for easier dissemination of information.
