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 […]
Oil & Gas: Avoid cutting corners in safety —11 Plc warns
WORKERS in the oil and gas industry have been cautioned to strictly adhere to safety rules and guidelines and avoid cutting corners.
Underwriters shun Takaful Insurance
Underwriters in the insurance sector have shunned Takaful Insurance product due to lack of confidence in the prospect for the business.
INTELS wins Nigerian Shippers’ Council CSR award
Nigeria’s oil and gas logistics giant, Intels Nigeria Limited, has been conferred with the award of the “Most Outstanding Terminal Operator in Corporate Social Responsibility” by the Nigerian Shippers’ Council (NSC), a Federal Government agency under the Federal Ministry of Transportation.
Illiquidity mars market makers operations in capital market — Operators
Operators in the capital market have identified liquidity constraints as a major factor that has hindered the operations of Market Makers after five years of its commencement on the Nigerian Stock Exchange, NSE.
NB appoints Borrut Bel as managing director
Nigerian Breweries, NB Plc, has announced the appointment of Mr. Jordi Borrut Bel as its Managing Director/Chief Executive Officer, even as it reorganises its management team. The appointment will take effect on January 22, 2018.
