Business

JUST IN: MAN Appoints Segun Alabi Assistant Director, Corporate Affairs And Communications

Published

2 years ago

March 6, 2024

550 Views

The Manufacturers Association of Nigeria (MAN), has announced the appointment of Segun Alabi as its new Assistant Director Corporate Affairs and Communications (Corporate Services).

In a statement this morning,
Segun Ajayi-Kadir, the Director- General/Chief Executive Officer of (MAN) said: “Segun Alabi is a talented Corporate Affairs professional who has gained diverse experience in the Pay T.V, Financial, Real Estate, Business Membership Organisation and Manufacturing sectors.”

He will be an added value and a real asset to the Association, as we continue to promote the interest of manufacturers by deepening sector-based advocacy and partnership with national and international economic actors in government, organised private sector, host communities and other stakeholders, as well as contributing to the growth of the Nigerian economy.

Prior to the appointment, Segun Alabi, most recently, served as Head, Corporate Affairs and Programs at the Chartered Institute of Directors Nigeria (CIoD Nigeria), overseeing all corporate affairs, communications and programs functions of the Institute.

He has focused on Reputation Management, Government Relations, CSR Management, Stakeholder Management, Public Policy Advocacy and social media management at various levels.

He is also a consummate corporate communications professional, who possesses the qualities of a communication connoisseur, with a canny ability to manage and disseminate information to a competitive advantage.

Upon starting, Segun Alabi said, “I am excited to join MAN and indeed it is a dream come true.
The task ahead is enormous but achievable.”
Segun Alabi holds a Phd degree in English from the University of Lagos, specialising in Language Use and Communication.

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

2 days ago

August 28, 2026

OCHEFA

20 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

2 days ago

August 28, 2026

OCHEFA

25 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.