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 […]
Aviation unions threaten to down tools
Staff of the Federal Airports Authority of Nigeria, FAAN, and the leadership of the leading unions in the aviation sector; the National Union of Air Transport Employees, NUATE, and the Air Transport Services Senior Staff of Nigeria, ATSSSAN, on last week threatened to down tools if their requests are not met by June 30, 2014.
Financial inclusion: Muslims embrace Takaful insurance
Muslims in the country are beginning to embrace Takaful insurance in line with efforts by the National Insurance Commission, NAICOM to enhance financial inclusion in the insurance sector.
Lagos boosts mortgage scheme projects with N2bn
Lagos State government has released N2 billion to mobilise contractors handling various construction sites under the Lagos State Home Ownership Mortgage Scheme (Lagos HOMS) in order to deliver more housing units across the state
The Basic Guide to Starting Your Business Part 3
Often time people engage in all sort of shady deals and call it business. This should not be, because any act/trade that is not genuine and is to the detriment of others cannot be called a business, especially if it doesn’t fall within the confines of the law or is aimed at getting profit wrongly.
Accident victim gets compensation from Y’ello Cover
Mansard Insurance plc has settled the accident claim of an electrical engineer, Mr. Ameh Thaddeus Adiga who lost a finger in an industrial accident
