Business

CICAN Conference X-rays“Manufacturing’s $1 trillion GDP target by 2030: Realities & Possibilities

Published

2 years ago

November 19, 2024

382 Views

The Commerce and Industry Correspondents Association of Nigeria (CICAN) has chosen “Manufacturing: $1 trillion GDP target by 2030: Realities & Possibilities,” as its 2024 conference theme.

The event will hold at the Radisson Blu Hotel in Lagos on November 21.

A statement from the CICAN Secretariat signed by its Chairman, Mr. Charles Okonji, said that the Director-General of Manufacturers Association of Nigeria (MAN), Mr. Segun Ajayi-Kadir, will address government officials, captains of industry and other stakeholders on the plight of the private sector in a commatoes economy.

He also disclosed that the Minister of Federal Ministry of Industry, Trade, and Investment (FMITI), Dr. Jumoke Oduwole; the Lagos State Governor, Babajide Sanwo-Olu; Gombe State Governor, Muhammadu Inuwa Yahaya; including the Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji; Registrar -General, Corporate Affairs Commission (CAC), Sir. Hussaini Ishaq Magaji (SAN), and President of the Manufacturers Association of Nigeria (MAN), Otunba Francis Meshioye, would grace the event.

Others expected dignitaries include the President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Otunba Dele Oye Kelvin; and Chief Executive Officer (CEO) of Bullion Go-Neat Global Limited, Ambassador Olufemi Ajadi Oguntoyinbo.

Also, the CEO, Mallinson & Partners, Mr. Afam Mallinson Ukatu; Chairman, Nigerian in the Diaspora Organisation (NIDO), Russia branch, Mr. Uwem Sampson Edimo; CEO, Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, and others would be available at the event.

The event would also be graced by representatives of Standards Organisation of Nigeria (SON); Bank of Industry (BOI); UBA Plc, Access Bank Plc, NQC, Moniepoint, Capacious Farms Limited, and many others.

The conference sponsors include Coleman Wire and Cables, Dufil Prima Foods Limited, Nigerian Breweries (NB) Plc; Nigerian Bottling Company (NBC), Rite Foods Limited, Unilever Nigeria Limited, Origin Tech Group, Dangote Industries Group (DIL), Tascon Plastic Industry; and TGI Group,.

Related Topics:CICAN Conference GDP Manufacturings Realities & Possibilities

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NPA initiate trucks movement code to ease traffic at Lagos ports

The initiative is designed to ensure that each truck is matched exclusively to its designated empty container, eliminate multiple allocations, improve traffic management and enhance operational efficiency within the port corridor.

Published

2 days ago

July 30, 2026

OCHEFA

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The Nigerian Ports Authority (NPA) has introduced a movement code to streamline the movement of empty containers into seaport terminals and reduce traffic congestion caused by container trucks along the Apapa and Tin Can Island port corridors.

The Guardian reported that under the new policy, the movement code will serve as a unique identifier generated by a holding bay for every empty container uploaded to the Electronic Call-Up (ETO) platform.

The code must correspond with the details captured on the ETO system before trucks are granted access to port terminals.

In a notice issued to stakeholders, the NPA said the movement code has become a mandatory requirement for completing the truck-container matching process.

Truck drivers are required to obtain the code from designated holding bays before proceeding to the ports.

According to the authority, the initiative is designed to ensure that each truck is matched exclusively to its designated empty container, eliminate multiple allocations, improve traffic management and enhance operational efficiency within the port corridor.

Business

Okonjo-Iweala lauds Cardoso for stabilising Nigeria’s monetary environment

Okonjo-Iweala, gave the commendation on Thursday at the 7th Africa Emerging Markets Forum held in Abuja, with the theme: “Building Resilience Amidst Geo-economic Uncertainties.”

Published

2 days ago

July 30, 2026

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51 Views

The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has commended the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, for stabilising Nigeria’s monetary environment.

Okonjo-Iweala, gave the commendation on Thursday at the 7th Africa Emerging Markets Forum held in Abuja, with the theme: “Building Resilience Amidst Geo-economic Uncertainties.”

Speaking at the forum, Okonjo-Iweala commended Cardoso on the work that he and his team have done on currency and monetary policy stabilisation.

However, she emphasised that Nigeria must sustain broader macroeconomic reforms.

“Nigerians have to feel the dividends of reform in the real economy,” she added.

The forum brought together policymakers, business leaders and development partners to discuss strategies for strengthening Africa’s resilience amid growing global economic uncertainty.

Business

Naira Exchange Rates Thursday, July 30 : Black Market, CBN, Commercial Bank

Sterling Bank publishes both a buy rate and a sell rate for USD, GBP, EUR, and ZAR. The buy rate is what Sterling Bank will pay you when you exchange foreign currency for Naira. The sell rate is what you will pay when buying foreign currency from Sterling Bank at its branches.