Business

MAN urges FG to tackle headwinds for growth of real sector

In light of the precarious situation that local manufacturers have currently found themselves, the Manufacturers Association of Nigeria (MAN) has charged the Federal Government to accelerate the process of recovery in order to revitalise the country’s real sector of the economy. Indeed, MAN posited that the macro-economic challenges in the country had trickled down manufacturers’ […]

Business

TUC appoints Toro SEC Gen

The Trade Union Congress of Nigeria (TUC) has appointed Comrade Nuhu Toro as the Secretary General and Chief Executive of its Labour Centre effective August 12, 2022. The decision was taken at the National Executive Council (NEC) of the Comrade Festus Osifo-led National Executive Council (NEC) of Congress, held in Abuja, after the recommendation by […]

Business

Food security fears grow over unabating flooding

Indications have emerged that Nigeria and other countries in Africa could face increased food scarcity and an unprecedented rural-urban migration crisis if the climate change-induced flooding persists till this year ending. Already, the Nigerian Meteorological Agency has announced that prevailing weather pattern in Nigeria is going to cause above-normal rainfall in about 19 states between […]

Business

‘NDIC remits 80% operating surplus into CRF

The Nigeria Deposit Insurance Corporation (NDIC) is one of the few agencies of government that has been consistent in remitting 80 per cent operating surplus into the Consolidated Revenue Fund (CRF). Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, stated this on Thursday when she in-augurated the Executive Director (Corporate Services) of NDIC, […]

Business

DISTELL Nigeria tasks staff on performance, customer satisfaction

Distell Wines & Spirits Nigeria Limited, producers of wines and spirits, has urged its sales managers, sales representatives and brand ambassadors to redouble their efforts for enhanced and greater performance in the coming year. Country Managing Director of the company, Mr. Steve Ighorimoto, gave the charge during the company’s national sales conference 2022 with the […]

Business

IMF: Public, private financing key to tackling climate change

A combination of public and private sector financing will be required to produce the massive global investments needed to address the climate challenge, the International Monetary Fund (IMF) has said. The Fund, which stated this in a new blog post co-written by its Managing Director, Kristalina Georgieva, and the Head of its Monetary and Capital […]

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