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 […]
Obaseki, Fayemi, Onyema discuss Edo, Nigeria investment opportunities at London Stock Exchange
As more transnational companies, multilateral organisations and several trade missions swell the numbers and ranks of participants in the maiden edition of Alaghodaro Investment Summit, the Governor of Edo State, Mr. Godwin Obaseki, was at the London Stock Exchange on Friday to speak to companies listed on the London bourse about the investment opportunities that abound in the state.
Nigeria’s inflation rate to fall to single digit in mid-2018, says Emefiele
Nigeria’s Central Bank Governor Godwin Emefiele said on Friday he expected inflation rate to fall at a faster pace and hit high single digit rates mid-next year.
NECA seeks speedy passage of Coalition on Competition bill
The Nigeria Employers Consultative Association (NECA) has called for the speedy passage of the Coalition on Competition Bill to facilitate fair and efficient competition in the nation’s economy.
United States to supply power to Nigeria – US Energy Secretary
The United States of America, USA, has concluded plans to supply power to Nigeria, Cote D’Ivoire and South Africa, thus changing its status as a major energy importer to exporter.
Access Bank grows Q3 earnings by 33 % to N365bn
Access Bank Plc, Thursday, announced its third quarter (Q3) results for 2017, recording a 33 per cent growth in gross earnings at N365 billion up from N275 billion in the corresponding period of 2016.
