Business

Manufacturers deepen local raw materials sourcing, up 11% in 3yrs

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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Nigerian banking system prone to abuse – Ribadu

Nigerian banking system prone to abuse – Ribadu

Former chairman of the Economic and Financial Crimes Commission (EFCC) Mallam Nuhu Ribadu, Tuesday, warned that the country’s banking system is prone to abuse due to some services provided by commercial banks to their customers.

Peak: Reaffirming brand leadership with new campaign

Peak: Reaffirming brand leadership with new campaign

Perhaps, Peak’s strongest asset is its quality and pedigree, and the brand knows. So, anytime it intends to throw a technical jab on competition, it reminds them that ‘I have it, and you don’t’. This exactly is what Peak did at the launch of its recent campaign, “generation to generation”, indirectly bidding knee-jerk marketing a goodbye for good.

Govt exploring a sustainable tourism mode – Lai Mohammed

Govt exploring a sustainable tourism mode – Lai Mohammed

The Minister of Information and Culture, Alhaji Lai Mohammed, has urged the Federation of Tourism Associations of Nigeria (FTAN) to collaborate with the Federal Government to advance tourism development and promotion in Nigeria.

Nestlé Nigeria partners firm to boost youth entrepreneurship

Nestlé Nigeria partners firm to boost youth entrepreneurship

With the high rate of unemployment in the country and need to engage the youth meaningfully, Nestlé Nigeria has partnered with Imperial Integrated Consulting in their annual capacity building programme called the National Career Fair.