Industry
27 Mar
The Lagos Chamber of Commerce and Industry (LCCI), has urged the government to cut unnecessary expenses and reduce statutory expenditures, considering current economic hardship in the country..
21 Mar
As part of efforts to foster economic growth and create bilateral trade between the state of Illinois and Nigeria, the Illinois Department of Commerce and Economic Opportunity (DCEO) has held an inbound trade mission in Lagos.
21 Mar
The Manufacturers Association of Nigeria (MAN) has expressed deep sadness that despite contributing the highest to value-added tax (VAT), the sector remains neglected just as its players are being forced out of business...
21 Mar
With the belief that small businesses remain the pillars of not just Nigeria but the global economy, over 40,000 small businesses will be empowered through skills and knowledge through a series of online...
21 Mar
The Managing Director, FAE Ltd, Princess Funlayo Bakare-Okeowo, said no matter the rate of digitalisation, the development could never eliminate the need and use of paper.
13 Mar
Global merchandise trade could start to show some modest gains in the first quarter of 2024 after a weak performance last year, the World Trade Organisation (WTO) Goods Trade Barometer report has revealed.
13 Mar
In a bid to boost local production, ensure food security and turn Nigeria into a major food processing hub in Africa, GB Foods has announced a significant expansion of its investment in the country with an integrated tomato processing plant and expanded farm facilities in Gafara, Ngaski Local Government Area of Kebbi state.
13 Mar
To address the challenges posed by foreign exchange (FX) scarcity, CEO and Co-founder, SeamlessHR, Emmanuel Okeleji, has urged local businesses and industries to consider leveraging local software as a service (SaaS) solutions.
13 Mar
To sustainably solve the problem of inadequacy of sourcing raw materials for local manufacturing, the Minister for Science, Innovation and Technology, Uche Nnaji, said raw materials development and research must receive better funding and priority going forward.
7 Mar
Despite the African Continental Free Trade Area (AfCFTA) being ratified in almost all African countries, intra-trade within the continent is still very poor, a report by the Economic Commission for Africa (ECA) has revealed.
7 Mar
National Institute of Credit Administration (NICA), has again reiterated the essence of a well-functioning consumer credit system, which facilitates the acquisition of goods and services on credit, thereby diminishing the dependency on cash transactions.
7 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.
7 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.
7 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.
7 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.
7 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.
7 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.
7 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.
7 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)
7 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.
7 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.