Industry News

As rising production costs add to consumer inflation concerns…

July 3, 2024• by

In the past year, the naira depreciated from N460 to nearly N1500 to the dollar, resulting in a significant increase in the prices of manufacturing inputs....

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Industrial goods upturn 2023 poor performance, record 73% gain in H1

July 3, 2024• by

Contrary to the paltry 12 per cent return on investment recorded by the industrial goods segment of the Nigerian Exchange Limited (NGX) last year, the sector...

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Wrestling squad off to Spain for pre-Games’ championship

July 3, 2024• by

The Nigerian wrestling team to the Paris 2024 Olympic Games will leave for Spain, today, to participate in a championship, which is part of the team’s build...

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Africa’s exports decline by 5% as global trade nears $32 trillion

July 3, 2024• by

The United Nations Trade and Development (UNCTAD), yesterday, said global trade was on the way to recovery, and might hit $32 trillion before the end of 2024...

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Rivers communities on edge as political crisis unsettles councils

July 3, 2024• by

The dividends of democracy and good governance rarely trickle as fast down the third tier of government in this part of the world. But its troubles and crises...

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Unity school debacle: How 1,800 teachers got employed but unpaid for 36 months

July 3, 2024• by

Despite spending N4.3 trillion on personnel budgets over six years, the Federal Ministry of Education owes 1,800 unity schools’ teachers 36-month salary...

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Federal Government rolls out fresh withholding tax regulations

July 3, 2024• by

The Federal Government has rolled out fresh deduction tax at source (withholding) regulations to boost its revenue drive, a document obtained by The Guardian...

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Proposed mergers rattle MDAs, lobbying intensifies at N/Assembly

July 3, 2024• by

• Some affected MDAs get notice of merger, relocation • Reps invites SGF, HoS to review report plan • Stakeholders wary of intended gains, political...

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Police arrest seven-man car snatching syndicate

July 3, 2024• by

A seven-man car snatching syndicate operating between Lagos and Kwara states was paraded at the Lagos State Police Command, Ikeja, yesterday. Two of the...

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Babalakin Erinjogunola at 64: Never say no

July 3, 2024• by

While to some individuals, life is really not worth a dime because of the situation they find or put themselves, it is worth a billion pounds to others. Those...

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Babalakin Erinjogunola at 64: Never say no
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