…As services sector takes driving seat ··Manufacturing loses N1.2trn in 5 years —Report •FDI plummets amid waning investors’ confidence  •Rebasing exposes sector’s structural weakness —MAN  •Nigeria struggling with de-industrialisation, says NESG  •Manufacturing should contribute 40% to GDP —Ekpo  There is a growing concern among industry stakeholders as the gap between realContinue Reading

The Manufacturers Association of Nigeria (MAN) on Monday kicked against the reintroduction of the four per cent Free on Board (FOB) charge by the Nigeria Customs Service, which took effect on Aug. 4. ​Mr Segun Ajayi-Kadri, the Director-General of MAN, said in Lagos that the move contradicts the government’s widelyContinue Reading

The Nigeria Customs Service has made significant seizures of undeclared cash at various airports across the country between January and July 2025, totalling $2.209m. The interceptions were made at the Murtala Muhammed International Airport in Lagos, Nnamdi Azikiwe International Airport in Abuja, and Mallam Aminu Kano International Airport in Kano.Continue Reading

R-L: Chairman, Nigerian Society of Engineers, NSE, Apapa Branch, Engr. Emmanuel Okolo; President, NSE, Engr. Margaret Aina Oguntala, FNSE; Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola; SA-DG NIMASA (Administration and Operations), Olatunji Ahmed; Chairman NSE, Ikeja Branch, Engr. Nimot Muili and Chairman NSE, Ibeju Lekki,Continue Reading

The Economic and Financial Crimes Commission, on Friday, invited victims of cryptocurrency trading platform, Crypto Bridge Exchange (CBEX), to report to its Ibadan and Lagos Zonal Directorates for further investigations. A statement released by its Head of Media and Publicity, Dele Oyewale, in Ibadan, Oyo State said, “The EFCC isContinue Reading

Governors elected on the platform of the Peoples Democratic Party have accused the Federal Government of intimidation and anti-democratic actions during the just concluded by-elections in the country. But the Presidency described the allegations as baseless, adding that the governors were merely hurting from their losses at the polls. AllegationsContinue Reading