Industry
11 hours ago
The Managing Director of Nigeria Breweries Plc, Hans Essaadi, said the fact that the naira has shown some appreciation against the dollar in recent weeks has had little or no impact on input cost.
11 hours ago
The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II, said the recently-launched Tingo Cola and Tingo Electric energy drink would not only deepen local content principles and compete locally with other exportable brands but would also provide employment to hundreds of youths in the country.
11 hours ago
Despite the abundance of raw materials needed for self-sufficiency and the production of pulp and paper in the country, Nigeria is still missing out on the massive income to be made on the production, sale and export valued at $360 billion.
17 Apr
Just last week, Nigeria’s local manufacturing sector was dealt a huge blow as one of the biggest brewers in the country, Nigerian Breweries, announced that it is suspending operations in two of its nine breweries.
10 Apr
The West African pharmaceutical industry faces significant challenges, including the prevalence of counterfeit products and stringent import regulations.
10 Apr
Again, stakeholders in Nigeria’s Organised Private Sector (OPS) have expressed grave concerns over the skyrocketing cost of doing business, saying that they fear for their survival.
10 Apr
The Lagos Chamber of Commerce and Industry (LCCI), in partnership with the Ministry of Foreign Affairs, has concluded plans to host this year’s edition of the yearly LCCI International Business Conference and Expo tagged “Invest Nigeria.”
3 Apr
The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, announced that all the technical problems related to the uploading of the National Identification Number (NIN) for participants in the Presidential Conditional Grant Programme also known as the Trade Grant Scheme have been resolved.
3 Apr
Nigeria and other African countries are expected to experience continuous food inflation in the coming months owing to the disruption in global trade as a result of attacks on shipping lines by Houthi Rebels in the Red Sea.
3 Apr
The Manufacturers Association of Nigeria (MAN) has urged regulators to engender an atmosphere that promotes fairness while safeguarding the interest of the consumers and protecting local manufacturers.
27 Mar
President of the Nigerian-American Chamber of Commerce (NACC), Adebola Williams, has regretted that despite Nigerian goods being sought after overseas, the country keeps losing millions of dollars yearly for rejected goods.
27 Mar
The Federal Government has said it is planning to put a total ban on the importation of syringes into the country to promote local production.To this end, the National Agency for Food and Drug Administration and Control
11 hours ago
In a significant strategic shift, LandWey Investment Limited, a leading player in Nigeria's real estate sector, is setting its sights on a public listing, following a bold attempt to acquire UPDC in 2020. According to a statement made available to the media on Wednesday, in Lagos, the property development company said the move marks a…
11 hours ago
The Chartered Institute of Taxation of Nigeria (CITN) has warned political leaders against abuse of taxpayers' money, stating that collecting tax revenue from taxpayers without using it judiciously weakens the country's taxation system.
11 hours ago
To halt the fresh panic building over the fate of the naira, the Central Bank of Nigeria (CBN) is set to disburse another tranche of liquidity intervention to 1,583 Bureau de Change operators.
11 hours ago
Oil-producing communities in Niger Delta have called for transparency and accountability in the ongoing divestment of oil and gas assets in the region.
11 hours ago
The Presidential Enabling Business Environment Council (PEBEC) in its 2023 Business Facilitation Act (BFA) has adjudged the Nigerian Content Development and Monitoring Board (NCDMB) and the Standards Organisation of Nigeria (SON) as best in business facilitation, with 29 agencies scoring below 50 per cent.
11 hours ago
Daniel Oyeduntan, a seasoned professional with about a decade of experience in data science and machine learning, is capturing the attention of the technology industry across EMEA.
11 hours ago
With a focus on maximizing production from the hydrocarbon assets to enhance revenues and meet production quota, the Nigerian National Petroleum Company Limited (NNPCL) and its joint venture partner in the Awoba Unit Field, Newcross Exploration and Production Limited, have resumed production from the field with an initial average production of 8,000 barrels per day (bpd)
11 hours ago
The Nasarawa State government said it is leveraging industrial, agricultural and mining potential for inclusive and sustainable wealth creation in a bid to drive its industrialisation agenda and position the state as an economic hub.
11 hours ago
With a headline inflation rate of 33.2 per cent and food inflation of 40.01 per cent, chiefly blamed on the high cost of transportation, which has continued to rise, it might take a while for respite to come.
11 hours ago
Following the recent appointment of new management and board for the Securities and Exchange Commission (SEC), shareholders have stressed the need for the members to accelerate the development of the capital market by improving the response time to complaints and monitoring listed firms' compliance with extant rules.