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 […]
SEC, operators partner to implement committee ‘s report on market reforms
STAKEHOLDERS in the Nigerian capital market have pledged their readiness to partner with the Securities and Exchange Commission (SEC), on the successful implementation of the accepted recommendations of the Dotun Sulaiman National Committee on the Review of Capital Market Structure and Processes.
AP Plc records 7.1 bn profit for 2008 …Donates crash helmets to motorcyclists
DESPITE the global financial meltdown that isis currently affecting several global business interests, African Petroleum Plc a leading company in the Nigerian oil and gas industry has sustained its return to greater profitability.
Most MFIs lack technical capacity — Alitheia Goodwell MFB
A venture capitalist and investment management advisor, Alitheia Goodwell Microfinance Bank, a subsidiary of Alitheia Capital, in order to improve the performance of Nigerian microfinance institutions, MFIs, is advocating for the importation of technical capacity so as to make the sector more appealing and also attract increased foreign donor grants.
Ibru seeks partnership in healthcare
The Group Managing Director of Oceanic Bank International Plc, Dr. Cecilia Ibru has called for the adoption of a public-private partnership model in fighting diseases and improving healthcare delivery across the country.
OPEC takings from oil and gas exports hit $1 trillion
OPEC’S annual revenues from oil and gas sales topped $1 trillion last year for the first time, according to figures published yesterday by the cartel.
