Manufacturers Association of Nigeria, MAN Ikeja branch, has expressed concern over numerous charges their members are made to pay to secure the Bank of Industry, BoI, loans, calling for immediate review and possible reduction.

…Says Jonathan needs inclusive growth to tackle poverty, create jobs …
Ndubisi Ifeanyi Nwokoma is Professor of Economics and Head of the Department of Economics, University of Lagos. He is a Fellow, Chartered Institute of Stockbrokers. Until recently, he worked at the United Nations Economic Commission for Africa, Addis Ababa , Ethiopia, as Chief of Financing, Industry and Investment in the Economic Development and NEPAD Division on a Leave of Absence from the University between 2010 and 2012. He also worked with Nigerian Stock Exchange, Lagos as the Special Assistant to the Director General/Chief Executive Officer.

Studies show that when women are supported and empowered, all of society benefits. Their families are healtheir, more children go to school, agricultural productivity improves and incomes increase.

A blockade on exports of liquefied natural gas (LNG) from Nigeria has been lifted following a partial resolution of a tax dispute between the gas firm and the maritime agency, the company said Friday.

AN Ibadan businessman, Mr Adisa Onifade has petitioned the National Assembly to launch a probe into the killings of 25 Ibadan traders earlier this month allegedly by members of the Boko Haram sect.

– Leading Telecommunications Service Provider, Airtel Nigeria has gone into a partnership with First Bank Nigeria Plc to offer Firstmonie Talkmore; the all-new, revolutionary mobile payment solution, to the public.

The Central Bank of Nigeria (CBN) on Friday said that the cashless policy was aimed at reducing crime and boosting the economy of the nation.

The Federal Road Safety Corps (FRSC) in Umuahia, Abia State in collaboration with ExxonMobil has commenced a month long safety awareness campaign for drivers and commuters in the state.

Following consultations with its shareholders and relevant regulatory bodies, GlaxoSmithKline Plc and GlaxoSmithKline Consumer Nigeria PLC recently announced that they have agreed that the scheme of arrangement proposed to GSK Nigeria’s shareholders under which it was proposed that GSK would increase its indirect ownership in GSK Nigeria to 75%, has been withdrawn. Subsequently, GSK Nigeria suspended the proposed scheme of arrangement, at the meeting of its shareholders held on Tuesday July 23, 2013 at the Muson centre, Onikan Lagos.

Nigeria earned about N305.1billion within the first three months of 2013, figures obtained from the National Bureau of Statistics indicate.

Mr Ojo Molade, Chairman, Fadama Community Association (FCA) in Ijagba, Ondo State, has decried the scarcity of palm fruits used in producing palm oil.

Industry stakeholders have called for synchronisation of monetary, fiscal and trade policies that will make the manufacturing sector to really operate at its full capacity and contribute positively to the economic development of the country.

The Nigerian Sovereign Investment Authority, NSIA, yesterday, signed a Memorandum of Understanding with the International Finance Corporation, IFC, a member of the World Bank Group, to develop, finance, and implement infrastructure projects.

PORT and Cargo Handling Services has decried the continuous blockade of the port access road, warning that if urgent measures were not taken, it could lead to port congestion.

THERE are indications that Nigeria does not have accurate report on the number of port facilities that currently exit in the country.