Chairman of Air Peace Airline, Dr. Allen Onyema, has called for enhanced collaboration across all stakeholders in Nigeria’s aviation sector to build a more robust and adaptive aviation security framework amid growing global threats. Speaking at a symposium organized by the Nigeria Civil Aviation Authority (NCAA) on the […]
Category: Industry
Industry
Lafarge earns N248.350bn Revenue In Q1
Lafarge Africa Plc has recorded N242.67bn from sales of cement following rising cost of cement in the country driven by inflation. This accounted for 97.7 per cent of the total sales revenue of N248.35bn for the first quarter of the 2025 financial year. The sales […]
Dangote Petroleum Announces Reduction In Petrol Price
Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N865 to N835, effective from Wednesday, 16th April 2025. This marks the second price reduction within a week. According to a statement signed by Group Chief […]
SEC, SMEDAN Partners On Enlightenment Campaigns For SMEs Financing
The Securities and Exchange Commission is to collaborate with the Small and Medium Enterprises Development Agency of Nigeria to implement joint nationwide sensitization campaigns on financing SMEs through the Capital Market. Director General of the SEC, Dr. Emomotimi Agama who stated this during a meeting with SMEDAN in Abuja, […]
Academy, Radisson Hotel Group’s Leading Learning and Development Hub, introduces Live Edition in Lagos
Radisson Academy, Radisson Hotel Group’s leading Learning and Development hub, is set to hold its first Live edition in the vibrant commercial city of Lagos. Continuing to innovate as the best ‘Academy’ to upskill talent in the industry, since its inception in 2019, Radisson Academy has expanded its offer […]
Fitch Sees Limited Impact of U.S. Tariffs on Africa
Global credit rating agency Fitch Ratings has said that the ongoing freeze on U.S. foreign aid and rising global trade tensions, including the imposition of tariffs, are unlikely to lead to widespread credit downgrades cross Africa. The agency noted that the region’s limited integration into global value chains […]
US Tariff Policy To Threaten Nigeria’s FX Inflows, Key Exports – NACCIMA
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised alarm over the far-reaching implications of the United States’ newly imposed 14 per cent tariff on Nigerian exports, warning that the measure could significantly reduce foreign exchange (FX) inflows and destabilize key sectors […]
CPPE Warns Against Nigeria’s Planned Solar Panel Ban
The Centre for the Promotion of Private Enterprise (CPPE) has cautioned the federal government against its proposed ban on the importation of solar panels, warning that such a policy could exacerbate Nigeria’s energy crisis and deter investment in renewable energy solutions. The warning follows a statement […]
Dangote Polypropylene to Revive Textile Industry, Save Nigeria $267m-MAN
The Manufacturers Association of Nigeria (MAN) has stated that the production of polypropylene by the Dangote Petroleum Refinery & Petrochemicals will revive Nigeria’s struggling textile industry and save the country $267M in import costs. In an interview on the Channels Business Incorporated Programme, the Director-General of MAN, Segun […]
CDP Awards Dangote Cement ‘B’ On Climate Change, Water Security
Dangote Cement Plc (DCP) has achieved a ‘B’ score in climate change and water security disclosures according to released 2024 CDP results. CDP (formerly Carbon Disclosure Project) is the world’s largest, most comprehensive dataset on environmental action which empowers investors, companies, cities, and national and regional governments to […]