September 05
Nigeria: We'll Support 'Loyal, Existing' Local Companies - BOI
The Bank of Industry (BoI) has vowed to support loyal and existing local companies that have continued to invest in the nation despite the global economic downturn. Read more »
August 19
Nigeria: Elumelu Hails Sundry Foods At 20 As It Employs 4,000
Foremost entrepreneur and Chairman of United Bank for Africa (UBA), Mr Tony Elumelu, at the weekend restated its commitment to continue to support the aspiration of young Nigerian… Read more »
August 15
Nigeria: Manufacturing Sector Burdened With Over 190 Multiple Taxes - Man
The Manufacturing Association of Nigerian (MAN) has stated that the manufacturing is burdened by over 190 multiple taxes, stifling operations of its members. Read more »
July 25
Nigeria: CBN's 26.75 Percent Interest Rate Will Worsen Purchasing Power - Man
The Manufacturers Association of Nigeria (MAN) yesterday reacted to the new Monetary Policy Rate (MPR) which benchmarks interest rates to 26.75 per cent from 26.25 per cent, saying… Read more »
July 22
Nigeria: Dangote Comment on Buying Out 'Apparently
Apparently speaking out of frustration, Alhaji Aliko Dangote yesterday indicated his willingness to give up ownership of the multibillion-dollar Dangote refinery to the Nigerian… Read more »
July 03
Nigeria: Volkswagen Shuns Nigeria, Sets Up Auto Assembly Plant in Egypt
Volkswagen Group Africa has signed an agreement with the Egyptian government to build and operate a new Body Shop and Assembly plant in the East Port Said Automotive Zone (EPAZ). Read more »
June 30
Nigeria: Food Security - Saudi Arabia to Set Up Farm Equipment Manufacturing Plants in Nigeria - Kyari
The Minister of Agriculture, Senator Abubakar Kyari, said the government of Saudi Arabia has expressed interest in setting up manufacturing factories in Nigeria for farming… Read more »
June 14
Nigeria: Minister Unveils Nigeria's Largest Syringe Manufacturer
The Minister of State for Health and Social Welfare, Dr. Tunji Alausa has urged stakeholders in the country's healthcare sector to synergise in a bid to make aesthetic health… Read more »
June 04
Nigeria: Yobe Establishes 4 Sesame Hubs, Resuscitates State-Owned Industries
The Yobe State Government has established four new sesame clearing and packaging industries in Machina, Nguru, Potiskum and Damaturu LGAs to promote the production of quality and… Read more »
Nigeria: Reviving Steel Sector Will Create Jobs - Stakeholders
Stakeholders under the banner of the Concerned Northern Forum (CNF) have said that the current moves by the federal government through the Ministry of Steel Development to revive… Read more »
May 17
Nigeria: Over 3000 for Lagos Leather Fair
Lagos Leather Fair, an annual event showcasing Africa's Leather Industry, has announced the launch of its 2024 fair with the theme "Levelling Up" to spur on the growth being made… Read more »
Nigeria: Tinubu Pledges Support for Local Manufacturers
The federal government has said it is creating an enabling environment for local manufacturers and small-scale producers to do business with ease and earn profits on their… Read more »
May 15
Nigeria: FG Sets to Roll Out Guidelines for Cng Vehicle Conversion
The federal government is to roll out guidelines for the conversion of petrol-powered vehicles into Compressed Natural Gas (CNG)-powered vehicles to ensure the safety of the… Read more »
March 05
Nigeria: Naddc Develops Standards for CNG, Electric Vehicles
The federal government says it will soon unveil the National Occupational Standards (NOS) for the conversion of Compressed Natural Gas (CNG) and electric vehicles in the country. Read more »
February 27
Nigeria: Firm to Set Up Factory for Home Appliances
The Japanese Ambassador to Nigeria, His Excellency Mr. Matsunaga Kazuyoshi, has hailed Sacral Industries Limited for taking the bold decision to set up a factory in Lagos, for… Read more »
January 15
Nigeria: Govt to Establish More Industrial Clusters in 36 States
The Minister of Industry, Trade and Investment, (FMITI), Dr Doris Anite, has said the federal government plans to establish more industrial clusters as well as revive existing ones… Read more »
November 30, 2023
Nigeria: Nagiko Tomato Fit for Consumption - Lagos Govt
The Lagos State Consumer Protection Agency (LASCOPA) has exonerated the Erisco Foods Limited, saying its NAGIKO Tomato is fit for consumption. Read more »
November 03, 2023
Nigeria: Manufacturers Groan As Diesel Price Hits N1,300/Litre
Manufacturers have expressed concerns as the price of diesel has risen to N1,275 per litre in Lagos and above N1,300 outside the state, Daily Trust can report. Read more »
October 09, 2023
Nigeria: SON Warns Manufacturers Against Compromising Standard
The Standards Organisation of Nigeria (SON) has warned organisations in the country, particularly those in the manufacturing sector, from compromising the standard of products… Read more »
August 30, 2023
Nigeria: Lafarge Restates Commitment to Environment
Lafarge Africa Plc has restated its commitment to the promotion of environmentally sustainable operations across its operations. Read more »
Nigeria: Importation of Chinese Fabrics Killing Our Business - Ogun Traders
Traders of indigenous adire fabrics in Ogun State on Tuesday sought an end to what they called incursion of adulterated Chinese adire in the Nigerian market. Read more »
August 10, 2023
Nigeria: GSK's Exit - LCCI Tasks Govt On Business-Friendly Policies
The Lagos Chamber of Commerce and Industry (LCCI) has bemoaned the decision by GlaxoSmithKline to shut down its operations in the country after over five decades. Read more »