Business

Dele Oye Tasks OPS “Don’t Leave Nigeria Economy’s Matters To Politicians”

Published

3 years ago

June 12, 2023

513 Views

The newly elected President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture ( NACCIMA), Otunba Dele Kelvin Oye, has enjoined the Organised Private Sector not to leave the running of the country’s economy solely in the hands of politicians.

Dele Oye who was decorated as the 16th President of the Association, made the call during the inauguration ceremony at Ado Ekiti, Ekiti State.

He takes over from the former President- Ide John Udeagbala.

He said that his tenure would see NACCIMA partnering with the federal government to enhance the country’s economy.

“The Organised Private Sector ( OPS) members will no longer leave the country’s politicians with the economy; the country’s businessmen are also major stakeholders in the country’s economic matters,” he said.

The NACCIMA new boss promised that he wouldn’t used his new position to enriched himself, instead he will use his experience, funds and contacts to take his association to greater level, adding that he sees opportunity of service to people as an avenue to support the institution and it’s objective further.

Also, he promised that he will use his tenure to mentor and support women and youths businesses, adding that young Nigerian youths have been bringing revenues and fame to Nigeria than what an oil company could.
In his speech, the former president of the body, Udeagbala called on NACCIMA members to accord his successor the supports he needed to succeed in his new role.

Udeagbala said that has handed over the baton of leadership to Oye very happily and the caliber of the person assuming the leadership.

Related Topics:Dele Oye Nigeria Economy OPS

Up Next

Nigeria formally Accepts WTO’s Agreement on Fisheries Subsidies

Don't Miss

Eco-friendly Industrial Park To Takeoff in Lagos

Click to comment

Business

Meta set to charge WhatsApp Business messages from October 1

For example, a Nigerian fintech company sending 500,000 chargeable utility messages could incur about $5,050 in fees from Meta alone, excluding charges that may come from third-party providers or software platforms used to manage the messaging service.

Published

18 hours ago

August 28, 2026

OCHEFA

19 Views

Businesses using Meta’s WhatsApp Business Platform will begin paying for certain messages sent to customers from October 1, 2026, under a new pricing structure announced by the company.

The change applies to organisations that use the WhatsApp Business Platform, formerly known as the WhatsApp Business API, to manage customer communication on a large scale.

Regular WhatsApp users and small businesses using the standard WhatsApp Business app are not the main targets of the new charges.

Under the revised system, the amount businesses pay will depend on the type of message being sent.

Utility messages, including payment alerts, order confirmations and other service-related updates, will cost about $0.0101 per message, while marketing messages will attract a higher fee of approximately $0.062 each.

Although the individual charges appear relatively small, companies that send large volumes of messages could see their communication expenses rise significantly.

Business

Dangote Refinery Suspends Petrol Sales To Lagos Depots

Dangote Refinery is prioritising markets where imported products are either unavailable or less dominant, rather than adding more supply to Lagos, which receives substantial volumes of imported petrol.

Published

1 day ago

August 28, 2026

OCHEFA

17 Views

Dangote Petroleum Refinery has suspended coastal sales of Premium Motor Spirit (PMS) to depot owners and importers in Lagos.

People familiar with the refinery’s operations said that the move is deliberate, aimed at redirecting locally refined petrol to areas where imported supply is scarce.

The suspension is ongoing. A source said: “The suspension of coastal sales to Lagos is still ongoing. It is aimed at redirecting products to locations where imported products are unavailable. Lagos has quite some imported petrol.”

The strategy is intended to ensure locally refined petrol reaches areas where it is most needed.

The decision comes amid concerns at the refinery over the volume of imported petrol entering Nigeria.

According to data available to the refinery, imported PMS accounted for about 43 per cent of total petrol supplied into Nigeria in July

Business

Naira Exchange Rates Friday, August 28

Today, the Naira Black Market exchange rate for 1 Great British Pound (GBP) is 1900 Naira. This means that you can get 1900 Naira for every 1 Pound that you exchange.

How much is 100 pounds in naira today?
At the current black market rate of 1900 per pound, 100 British Pounds = 190,000 Naira.