Industry
20 Dec
The Intra-African Trade Fair (IATF) is a biennial event of the African Export-Import Bank (Afreximbank) in collaboration with the African Union (AU) and the AfCFTA Secretariat. This year’s edition, IATF2023, took place in Cairo, Egypt last month.
20 Dec
Cross-border digitally delivered services are the fastest growing segment of international trade, with new players emerging, registering an almost fourfold increase in value since 2005, a new report has said.
19 Dec
Determined to increase shareholders' confidence in its business, African Alliance Insurance Plc has delivered a gross premium income of N7.109 billion in the 2022 financial year. The underwriter, at the company’s 53rd and 54th yearly general meeting in Lagos, also declared an annuity claims payment of N4.263 billion. Chairman of the underwriting firm, Ogwemoh Sylva,…
15 Dec
International Distillers Limited (IDL) has rewarded its distributors for 2022 even though it said that the cost of doing business in 2022 was very high
15 Dec
The Lagos Chamber of Commerce and Industry (LCCI) joined forces with MuyiAI, a local startup, to introduce an exhilarating AI-powered treasure hunt at the just concluded Lagos International Trade Fair (LITF) 2023.
15 Dec
The newly decorated Vice President of the Lagos Chamber of Commerce and Industry (LCCI), Princess Layo Bakare Okeowo, has disclosed that the new exco of the chamber will be focusing on incentive policies that would not only drive businesses forward but also, foster growth and development of the country’s economy in the wake of the prevailing macro-economic challenges in the country.
15 Dec
The Manufacturers Association of Nigeria (MAN) has urged President Bola Tinubu to create new industrial policies for the country’s manufacturing sector as part of efforts to achieve the country’s industrialisation agenda.
13 Dec
The Manufacturers Association of Nigeria (MAN) has urged President Bola Tinubu to create new industrial policies for the country’s manufacturing sector as part of efforts to achieve the country’s industrialisation agenda.
8 Dec
Industrial actions in Nigeria’s public tertiary institutions have profound and multifaceted effects on the educational system, students, faculty and the overall socio-economic landscape.
29 Nov
The Manufacturers Association of Nigeria (MAN) and the Raw Materials Research and Development Council (RMRDC) recently held an exposition to close information gaps and deepen sustainable local sourcing of available raw materials by manufacturing industries.
29 Nov
President of the Dubai Chambers of Commerce, Mohammed Ali Rashed Lootah, has revealed that there has been significant growth in bilateral trade between Nigeria and Dubai, growing by 39 per cent compared to 2021, to the tune of $2.1 billion.
6 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.
6 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.
6 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.
6 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.
6 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.
6 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.
6 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.
6 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)
6 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.
6 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.