Business

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

Published

2 years ago

March 6, 2024

509 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

Naira Exchange Rates Monday, 20 July

Published

22 hours ago

July 20, 2026

OCHEFA

30 Views

BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1, 416 Sell ₦1,422

GREAT BRITISH POUND (GBP) Buy ₦1,895 Sell: ₦1,915

EURO (EUR) Buy ₦1,590 Sell ₦1,610

CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400

CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

CBN OFFICIAL EXCHANGE RATES

US DOLLAR (USD) ₦1,380.18

GREAT BRITISH POUND (GBP) ₦1,854.42

EURO (EUR) ₦1,577.00

SWISS FRANC (CHF) ₦1,707.94

JAPANESE YEN (JPN) ₦8.50

CHINESE YUAN (CNY) ₦203.57

WEST AFRICAN CFA (XOF) ₦2.40

WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,874. 32

SAUDI RIYAL (SAR) ₦367.48

SOUTH AFRICAN RAND (ZAR) ₦83.29

Business

BUA Foods target expansion into noodles industry

Rabiu described the expansion programme as a strategic investment in Nigeria’s industrial future, emphasising that the company’s growth ambitions are driven by a commitment to national development rather than scale alone.

Published

4 days ago

July 17, 2026

OCHEFA

58 Views

Chairman of the Board of Directors of BUA Group, Abdul Samad Rabiu disclosed that it’s food arm – BUA Foods is going into new sectors such as instant noodles because “we see it as a very important sector because of its affordability and its accessibility.”

Rabiu made the disclosure in Abuja on Thursday during the 5th Annual General Meeting of BUA Foods.

He also disclosed that as part of efforts to boost food sufficiency, “we are doubling our wheat milling capacity from over a million to over two million, wheat per annum. And that is huge.”

“We are also tripling the capacity of our edible oil business. In fact, we are setting up a brand new oil mill in Port Harcourt.

“Our ambition has never been to become bigger simply for the sake of size. We are building scale because Nigeria needs strong indigenous companies capable of competing at the highest level, investing for the long term and creating lasting value,” he said.