Declining manufacturing tax signals weakening industrial activity — Oye
By Yinka Kolawole The Alliance for Economic Research and Ethics (AERE) has warned that the decline in manufacturing tax revenue in the first quarter of 2026 reflects weakening industrial activity, urging the Federal Government and the Central Bank of Nigeria (CBN) to implement far-reaching reforms to revive the productive sector. In a policy brief, Chairman of […]
Lagos partners developer on 5,000 workers housing
In its quest to make affordable housing available to its teeming workforce, the Lagos State government is set to collaborate with a private real estate developer to deliver 5,000 housing units for middle income workers in the state.
PMI,Shelter Afrique plan N3.6bn Bayelsa estate
A primary mortgage institution (PMI),Trans Atlantic Mortgages Limited, has secured an agreement with Shelter Afrique to construct a N3.6 billion housing estate in Yenegoa, the Bayelsa State capital.
Lack of tug boats frustrate eastern ports’concessionaires’ efforts
Effort of terminal operators to revive the already moribund Eastern ports with heavy financial investments are being frustrated by the Mallam Abdulsalam Mohammed led management of the Nigerian Ports Authority (NPA) which has refused to allocate tug boats to the ports in the region.
STOA laments poor port access road
By Godfrey Bivbere Seaport Terminal Operators Association of Nigeria (STOA) has lamented the poor port access road, noting that it is contributing to increase freighting goods from the nation’s ports in Lagos, even as it kicked against the introduction of the wharf landing fees (Wharf landing fee is a new levy introduced by the Lagos […]
IDL plans expansion into African markets
Intercontinental Distillers Limited (IDL) has announced its plans to expand the distribution of its products across the African market in the next couple of years.
