Manufacturers spend more on security than taxes — MAN

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has said many manufacturers in the country spend more money to secure their assets than what they pay as taxes to the government coffers. Ajayi-Kadir stated this, yesterday, while speaking as a guest on Channels Television’s Sunrise Daily programme. According to him, the cost of […]

Read more

Ship owners urge Minister to address encroachment on NIMASA functions

Ship owners have called on the Minister of Marine and Blue Economy, Adegboyega Oyetola to address encroachment on the function of the Nigerian Maritime Administration and Safety Agency, NIMASA by other government agencies. The ship owners made this call yesterday at a stakeholders’ engagement with the ministry in Lagos. Meanwhile the Minister assured the ship owners […]

Read more

Nigeria records 133 investment commitments in 3 projects — World Bank

The World Bank yesterday said Nigeria recorded 133 private sector investment commitments in three projects in 2023. The World Bank disclosed this in its Private Participation in Infrastructure (PPI) 2023 annual report. The report stated: “In 2023, Sub-Saharan Africa, SSA saw investments in 66 projects totaling $3.5 billion. “This marked a 24 percent decrease from the […]

Read more

Ecobank webinar urges SMEs to embrace AI for growth

Small and Medium Enterprises (SMEs) in the country have been advised to embrace Artificial Intelligence (AI) technology to grow their businesses. Founder AI Nigeria, Ehia Erhabor, made this submission in his presentation titled “Using AI for business innovation” delivered at the Ecobank MySME Growth Series webinar. He emphasied that AI is a gamechanger particularly for small […]

Read more

‘I inherited huge debt from Wike’s projects’ — Fubara vows to open fowl’s ‘yansh’

The Governor of Rivers State, Sir Siminalayi Fubara, has stated that most of the projects constructed and Commissioned by his predecessor, Chief Nyesom Wike, were not fully paid for. Fubara, regretted that the state is indebted to many contractors, adding that the firms the former administration could not pay are hunting his government for their payment. The […]

Read more
Title
.