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RMRDC Debuts Quarterly Statistical Bulletin Series

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The Raw Materials Research and Development Council (RMRDC) has officially launched its Quarterly Statistical Bulletin Series, an initiative aimed at redefining the trajectory of Nigeria’s industrial landscape, providing a cornerstone of data-driven policy formulations, and a vital tool for industrial transformation in Nigeria.

The Director-General of RMRDC, Prof. Nnanyelugo Ike-Muonso, said during the launch of the publication, weekend, in Abuja, that the council’s mission has always been clear: to harness Nigeria’s abundant raw materials for sustainable industrial development.

He observed that the council had intensified efforts to provide evidence-based data and insights to stakeholders, investors, and policymakers, enabling them to identify opportunities, address challenges, and shape effective policies for economic growth.

“The Quarterly Statistical Bulletin Series is a publication that provides data quarterly on the analysis of Nigeria’s foreign trade (HS Code 01 – 97), which is captured at customs entry points throughout the country by the Nigeria Customs Service and uploaded into the Nigeria Integrated Customs Information System (NICIS2).

The quantity and value of imports and exports of these raw materials and products categorized by their respective Double-Digit HS-Code are analyzed to derive key indicators of interest.

The publication addresses the country’s raw materials imports substitution/deletion, local utilization rates, and other key components of the economy such as employment, industry, exchange rate, etc,” the DG stated Prof. Nnanyelugo emphasized that the Quarterly Statistical Bulletin is more than a publication; he said it is a transformative tool for national development.

Stressing also that it shall provide comprehensive and meticulously analyzed data on Nigeria’s foreign trade, raw materials processing, and utilization rates and said it is critical for identifying trends, making informed decisions, and shaping the future of our industries.

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BACITI graduates pioneer set of 40 Senior Customs Officers

The Comptroller-General of Customs,Bashir Adewale Adeniyi, said that the capacity building was aimed at raising the next generation of customs officers (2026-2035).

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The Bashir Adeniyi Centre for International Trade and Investment (BACITI) at the Nigerian Institute of International Affairs in Lagos, has graduated 40 senior officers of the Nigeria Customs Service, in Advanced Senior Executive Course.

The Comptroller-General of Customs,Bashir Adewale Adeniyi, said that the capacity building was aimed at raising the next generation of customs officers (2026-2035).

Represented by Gabo Aliu, Comptroller, Federal Operations Unit, NCS, Adeniyi described global customs operations as dynamic and evolving, stressing that the Service must be futuristic and responsive to emerging trade realities.

He added that incoming framework would be all-inclusive with the graduates’ deliverables forming the basis of the strategic policy direction for the next generation of customs officers.

Aliu said the CGC’s administration was forward-thinking, responsive and resilient with a clear objective to position the NCS at the front vanguard of trade, policy formulation and integration.

He said: “For the pioneering set, the CGC has emphasised on a definite mentor-mentee programme, so they are going out as ambassadors of the NCS and NIIA, so we are looking that they are going to be impacting whatever they’ve learned here onto the future generation of custom officers, so it will be a win-win for the Nigerian Customs Service and the industry in general.

Dr. Adesuwa Erediauwa, Head\Director of Bashir Adeniyi Centre for International Trade and Investment (BACITI) at the NIIA, the organisers of the training, charged graduating senior customs officers to become “interpreters of change” and architects of institutional resilience as the Nigeria Customs Service prepares for 2035 and beyond.

She noted that customs administrations globally now face shifting trade routes, AI-driven border management, geopolitical tensions, climate change and supply chain disruptions.

“In this kind of world, yesterday’s methods are no longer sufficient for even today’s challenges, not to talk of tomorrow’s challenges,” he stated.

She stressed that future customs officer “must not just be an administrator or a gatekeeper” but must become “an analyst of uncertainty, a strategist, and an innovator.”

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Emmanuel Nnorom takes over as UBA Chairman

” I am honoured by the trust the Board has placed in me and deeply conscious of the legacy I inherit. I look forward to working with my colleagues on the Board, Management and our staff across all our markets to sustain UBA’s momentum and continue delivering long-term value to our shareholders, customers and stakeholders.”

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Emmanuel Nnorom, incoming board chairman , and the outgoing Chairman, United Bank for Africa Plc, Tony Elumelu…Photo Credit: Tony Elumelu

United Bank for Africa Plc has announced that Mr. Tony O. Elumelu, Group Chairman of UBA, will retire from the Board of Directors of UBA on 21 August 2026.

Alero Ladipo Group Head, Marketing and Corporate Communications United Bank for Africa Plc, said that Elumelu was retiring

upon the completion of the 12-year tenure limit prescribed for Non-Executive Directors of Banks by the Central Bank of Nigeria.

At its meeting held on 6 July 2026, the Board accepted Mr. Elumelu’s retirement and elected Mr. Emmanuel N. Nnorom, a Non-Executive Director of the Bank, as his successor, with effect from 21 August 2026.

The Board places on record its profound appreciation to Mr. Elumelu for his visionary leadership and exceptional contribution to the strategic vision and institutional strength of the UBA Group.

Mr. Elumelu’s tenure has been a defining chapter in the Group’s history. Under his stewardship, UBA was transformed into a pan African institution, operating in 20 African countries and 4 global financial centres and serving over 50 million customers.

Mr. Nnorom is a chartered accountant with over forty years’ experience in banking, finance and audit. He brings to the role extensive leadership experience and deep institutional knowledge of UBA.

Commenting on his retirement, Mr. Tony O. Elumelu:

“Serving United Bank for Africa has been one of the great privileges of my career. UBA has established a unique competitive position, across Africa and globally, and I leave the Board with great confidence in UBA’s future. Emmanuel Nnorom is a leader of integrity, experience and sound judgement, and I am confident that the Bank will continue to thrive under his leadership.”

Mr. Emmanuel N. Nnorom, on his appointment, said:

“I am honoured by the trust the Board has placed in me and deeply conscious of the legacy I inherit. I look forward to working with my colleagues on the Board, Management and our staff across all our markets to sustain UBA’s momentum and continue delivering long-term value to our shareholders, customers and stakeholders.”

United Bank for Africa Plc is Africa’s Global Bank. Operating across twenty African countries and in the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.

UBA is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 50 million customers globally.



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Dangote Cement targets 20% emissions cut by 2030

“By 2027, all fleet trucks operating in Nigeria, except at the Gboko plant, will run on Compressed Natural Gas (CNG), with electric trucks scheduled for introduction in 2026.”

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Dangote Cement Plc has unveiled a sustainability roadmap aimed at reducing its carbon emissions by 20 percent and expanding its installed production capacity to 80 million tonnes per annum (MTPA) by 2030.

The plans were announced during the company’s 17th Annual General Meeting (AGM) in Lagos, where Chairman, Emmanuel Ikazoboh, presented the 2025 Sustainability Scorecard to shareholders and reaffirmed the company’s commitment to embedding environmental, social and governance (ESG) principles at the core of its operations in line with Dangote Industries Limited’s Vision 2030.

Ikazoboh said sustainability had evolved from a compliance obligation into a central business strategy designed to drive growth, resilience and long-term value creation.

As part of its decarbonisation agenda, the company disclosed that it approved plans in 2024 to reduce its net carbon dioxide (CO₂) emissions intensity by 20 percent while accelerating the transition to cleaner transportation.

He said, “By 2027, all fleet trucks operating in Nigeria, except at the Gboko plant, will run on Compressed Natural Gas (CNG), with electric trucks scheduled for introduction in 2026.”

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