Sunday, 9th March 2025
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Industry

4 days ago
The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, said the proposed free trade zones (FTZ) reform would ensure equitable tax treatment for companies operating in the customs territory and those licensed to operate within the free zones
4 days ago
The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, said that while the newly released GDP growth figures by the National Bureau of Statistics (NBS) purportedly indicate a positive trajectory
4 days ago
The Pan-African Manufacturers Association (PAMA) said rising insecurity continues to pose a major threat to the growth and survival of the manufacturing sector and dampens investor confidence.
26 Feb
Poised to improve trade relations, showcase the latest technologies and innovation as well discover new markets, the Lagos Chamber of Commerce and Industry (LCCI) has partnered with the China Foreign Trade Center (CFTC) for the 137th bi-annual Canton Fair.
26 Feb
The Economic Commission for Africa (ECA) and the AfCFTA Secretariat have signed a memorandum of understanding (MoU) to enhance cooperation in supporting the effective implementation of the African Continental Free Trade Area (AfCFTA).
26 Feb
President of the Nigerian-American Chamber of Commerce (NACC), Sheriff Balogun, has stated that economic diversification is necessary to shore up the country’s foreign direct investment (FDI).
26 Feb
Stakeholders of the country’s special economic zones (SEZs) have urged stronger synergies between all the Free Trade Zones (FTZs) to enhance their operations and foster sustainable economic growth.
19 Feb
DMG Events has called for an accelerated industrial revolution in West Africa aimed at promoting the economic prosperity of the countries in the sub-region. Ahead of its West Africa Industrialisation, Manufacturing and Trade
19 Feb
Geopolitical tensions, Trump 2.0, energy volatility, tax reforms as well as rising debt levels have been listed as key factors that will shape the economy as well as businesses this year.
19 Feb
The Minister of State for Industry, Trade and Investment, John Enoh, has underscored the need for increased government involvement in supporting local industries, detailing ongoing efforts to finalise policies designed to protect and promote domestic manufacturers.
19 Feb
There are signs of performance improvement and better strategic opportunities for Africa’s manufacturing sector in 2025, supported by growing investment in local production, deeper regional market integration through tighter implementation of initiatives
10 Feb
Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, has said the ministry is working towards positioning the private sector
6 Feb
At an open-cast mine, Abdullahi Ibrahim Danjija carefully chisels away at a hunk of whitish rock before stuffing a sack with the pieces which break off the walls. In the course of a day's work he manages to fill three 50-kilo bags which will net him 150,000 nairas ($100), or around double the monthly minimum…
2 hours ago
The Edo State Police Command has announced the arrest of a 27-year-old man identified as Uwadiae Airebiuwa, who was caught with a fresh human head. The Spokesperson for the command, Moses Yamu, stated that the arrest took place on March 7, 2025, at Igbinudu Street, Evbuotubu Quarters, Oredo Local Government Area of the state. He…
1 day ago
Transnational Corporation Plc, Nigeria’s leading listed conglomerate, has announced its financial results for the year ended December 31, 2024. Consistent with its track record, the Group sustained its strong growth trajectory across its financial indicators, reinforcing its market leadership and strategic positioning. In its audited results, Transcorp reported significant year-on-year growth, with a revenue of…
1 day ago
As part of efforts towards achieving clean energy and industrial diversification, the federal government has set a target to ensure that at least 30 per cent of locally produced vehicles in Nigeria are electric. Minister of State for Industry, Trade, and Investment, John Uwan-Enoh, disclosed this yesterday at the unveiling of Africa’s largest locally assembled…
1 day ago
JMG Limited, a leading provider of electro-mechanical solutions in Nigeria, joins the global community in celebrating World Engineering Day for Sustainable Development, emphasising the critical role of engineers in advancing the Sustainable Development Goals (SDGs).
1 day ago
The Nigerian Maritime Administration and Safety Agency (NIMASA) has called on the government of Denmark to advocate for a reduction in war risk insurance premiums on ships bound for Nigerian ports, citing the significant improvements in maritime security in the Gulf of Guinea.
1 day ago
Every year, over 280 million tyres reach the end of their useful life globally, with only a fraction—around 30 million—being retreaded or reused. The remaining 250 million scrap tyres often end up in landfills or illegal dumpsites
1 day ago
No fewer than 30 per cent of Nigeria’s 24 million registered Micro, Small, MediumEnterprises (MSMEs) shut down between 2023 to 2024, the Nigerian Economic Summit Group (NESG) has said.
1 day ago
In commemoration of International Women’s Day, Nestlé Professional, an arm of Nestlé Nigeria, has successfully hosted the 10th edition of its Business of Food workshop in Benin.
1 day ago
A top research and marketing intelligence firm, Stonehill Intelligence & Marketing Limited is reinforcing its commitment to delivering high-quality, data-driven insights to businesses across Nigeria.
1 day ago
Industry leaders, policymakers, and financial experts have called for a more robust fiscal policy framework to enhance the development of gas and other infrastructure in the country.