Business

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

Published

2 years ago

November 19, 2024

412 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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Cybercriminals cloning DStv, other brands to steal bank accounts across Africa

According to cybersecurity company NordVPN, the campaign distributes Remote Access Trojans (RATs) and banking trojans, forms of malware that can give criminals control over infected devices and access to sensitive information.

Published

3 days ago

August 21, 2026

OCHEFA

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Cybercriminals are impersonating popular companies and government agencies across Africa in a campaign designed to take over smartphones and bank accounts.

More than 100 fake websites linked to the malware campaign have been identified since August 2025.

Brands including DStv, Takealot and South African Airways, as well as the South African Revenue Service (SARS), are being used to make fraudulent messages and websites appear legitimate.

The attacks are particularly concerning in South Africa, where Android dominates the mobile operating system market.

NordVPN said the attacks typically begin with social engineering, where criminals send convincing messages through SMS, WhatsApp or social media.

The messages may contain urgent offers or requests involving job opportunities, tax refunds, identity renewals or pension verification.

Victims are then directed to fake websites designed to closely resemble the official websites of trusted organisations.

The sites encourage users to download an Android application. Once installed, the malicious software can operate quietly in the background, including after the smartphone is restarted.

Business

Cement price hits N16,000 per bag

The current cement prices mark a steep rise from late 2024, when a bag sold for around N7,500.

Published

3 days ago

August 21, 2026

OCHEFA

43 Views

• Chairman of BUA cement, Abdul Samad Rabiu (ASR)

Cement dealers across Nigeria have announced fresh price increases, with a 50kg bag now selling for as much as N16,000 in some markets, up from N13,000 recorded by buyers just days earlier.

The current cement prices mark a steep rise from late 2024, when a bag sold for around N7,500.

By the third quarter of 2025, that had risen to about N9,000 before reaching the N12,000 to N16,000 range now seen across different locations.

Other building materials have followed a similar upward path. Blocks have climbed from around N600 to N1,100 each.

Sand has gone from N165,000 to N250,000 per 30 tonnes. Granite has risen from N530,000 to N780,000 per 30 tonnes.

Reinforcing steel now costs N1.15 million per tonne, up from N850,000.