Thursday, 2nd December 2021
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Industry

15 Sep
Members of the Organised Private Sector (OPS) have urged the National Assembly and the Federal Ministry of Finance to suspend plans to impose excise duty on any segment of the Nigerian manufacturing sector. Specifically, they raised concerns about the proposed the re-introduction of excise duty on the production of soft drinks in the country Economist…
15 Sep
A vast majority of Nigerian manufacturers have expressed concerns about the prevailing operating environment, noting that multiple taxation and over-regulation are hurting the productivity of their enterprises.
15 Sep
Despite dominating in unprocessed agricultural exports, the latest report of the Africa Agriculture Trade Monitor (AATM) has shown that Africa’s trade competitiveness continues to be limited by both domestic factors—such as low agricultural...
15 Sep
Global dairy cooperative, FrieslandCampina, has flagged off a series of activities to celebrate its 150th anniversary with a commitment to sustain investment in the Nigerian dairy value-chain.
8 Sep
Though Nigeria’s latest Gross Domestic Product (GDP) growth appears to have been driven by the non-oil sector, especially trade and transport sector, there are concerns by local manufacturers on the lingering infrastructure....
8 Sep
BUA Group is set to commence the construction of a 2,000tonnes/day Plaster of Paris (Gypsum Powder) production plant. This was made known during the signing of an agreement between BUA...
25 Aug
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has urged the government to provide adequate infrastructure nationwide for speedy growth of Small and Medium Enterprises (SMEs).
25 Aug
Professionals in the supply chain industry have expressed concerns about the poor state of Nigeria's infrastructure, noting that many manufacturing concerns are relocating, while some have remained idle due to delays from port congestion.
25 Aug
The Onitsha Chamber of Commerce, Industry, Mines and Agriculture (ONICCIMA) has urged the Federal Government to be wary of its tolling policy, especially as it relates to the re-introduction of toll gates...
18 Aug
Nigeria is a highly business-oriented economy with an estimated 37 million micro, small and medium-sized companies (MSMEs). The entrepreneurial economy contributes roughly 48% of the country’s gross domestic product and employs over 60 million people, making Nigeria the largest economy in sub-Saharan Africa. Meanwhile, financial risk is one of the major risks facing owners of…
11 Aug
Notwithstanding the need to ensure that markets remain open and predictable, the World Trade Organisation (WTO) has warned that failure to ensure wider access to COVID-19 vaccines could undermine the global economic and trade recovery.
11 Aug
The Manufacturers Association of Nigeria (MAN) has decried the 10 per cent contribution of the manufacturing sector to the Gross Domestic Product (GDP), attributing the trend to low industrialization of the country.

Latest

43 mins ago
The Attorney-General and Commissioner for Justice in Lagos State, Moyosore Onigbanjo (SAN), yesterday, explained that many contradictions in the report of the state’s judicial panel on police brutality made the findings of the panel unreliable...
49 mins ago
Despite the gradual transition to renewable energy, African countries have been warned of the impending economic challenges that may arise from the urgency in decommissioning fossil fuels by 2050.
52 mins ago
It is not getting any better. The All Progressives Congress (APC) in Enugu State appears to have bitten more than it can chew and there is therefore, no peace in the party.
53 mins ago
The Trade Union Congress of Nigeria (TUC) has accused states of not remitting their unions’ check-off dues deducted from workers’ salaries monthly.
53 mins ago
He did it. Standing tall on the podium regaled in his graduation gown and beaming with a smile that can make the world pause for a reflection, Akindele Daniel Davies was a testament of ingenuity and brilliance.