Business

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 […]
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Our efforts to deepen capital market practice — Fayokun

Mrs. Olubunmi Fayokun is the Chairman Nigerian Bar Association, NBA- Section on Business Law, SBL, Committee on Capital Market. The committee has lined-up programmes for the SBL conference, slated for May 25 to 27 in Lagos. In this interview, she speaks on the conference and some national issues.

‘Why oil companies should relocate headquarters to the N-Delta’

The oil and gas sector is the major source of revenue generation for Nigeria’s economy. The sector is always in the news for reasons ranging from lack of transparency by those managing the sector to the activities of multinational oil companies. Recently, President Goodluck Jonathan disclosed that $1billion is needed to tackle oil theft in the country, even as he read riot act to oil thieves

Exhibitors show more interest in rebased economy, says LCCI

The recent rebasing of Nigeria’s Gross Domestic Product (GDP), which makes Nigeria the largest economy in Africa, has generated increased interest in the Lagos International Trade Fair, the Lagos Chamber of Commerce and Industry (LCCI) has disclosed.

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