Ministry of Industry Trade and Investment
4 May 2024
The Nigerian government has said that it will begin local manufacturing of vehicles before the end of this year. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, revealed this at the African Association of Automotive Manufacturers and the Nigerian Automotive Manufacturers Association’s meeting in Abuja on Friday, May 3. According to Uzoka-Anite, funds to…
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4 mins ago
U.S. President Donald Trump’s tariffs on UK steel “couldn’t come at a worse time,” the industry has warned as the levy on U.S. imports is introduced. The British steel and aluminium industries are braced for the impact of the U.S. president’s tariffs, which came in at midnight in the US, around 0400 GMT. The UK…
6 mins ago
The Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, on Wednesday, said that with the right progressive reforms, economic efficiency, competitiveness, harmonisation, and transparency, Lagos can generate up to ₦5 trillion annually as Internally Generated Revenue (IGR) to fund infrastructure, education, and healthcare for Lagosians. Delivering the keynote speech at the launch of…
7 mins ago
The Osun State chapter of the All Progressives Congress (APC) on Wednesday told the Attorney-General of the Federation (AGF), Lateef Fagbemi SAN, the Accountant-General of the Federation, Shamseden Babatunde Ogunjimi, and the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, to ignore the letter written by Governor Ademola Adeleke's administration introducing local government…
14 mins ago
Iranian Foreign Ministry Spokesman Esmaeil Baghaei has condemned a terrorist attack on a passenger train and the subsequent hostage-taking in Pakistan. Baghaei extended his sympathies to the government and people of Pakistan. He reaffirmed Iran’s stance against all forms of terrorism, saying that Iran is ready to assist Pakistan in bringing terrorism to an end.…
17 mins ago
The First Prosecution Witness (PW1) in the ongoing trial of Kore Holdings Limited, Temitope Erinomo, on Tuesday, March 11, 2025, told Justice J. O. Abdulmalik of the Federal High Court, Abuja, that the company didn’t report its activities to the appropriate authority in accordance with the Money Laundering (Prevention and Prohibition) Act, 2022. The Economic…
30 mins ago
The train, which was carrying around 450 passengers, including army personnel and their families, was targeted by more than 100 gunmen from the separatist Baloch Liberation Army (BLA) on Tuesday afternoon. “A full-scale military operation is underway in which 27 terrorists have been killed,” security sources said. READ ALSO:EU threatens retaliation against U.S. tariffs with…
43 mins ago
TikTok is one of the most popular social media platforms in the world, with millions of users creating and watching short videos every day. However, despite its success, some countries have banned or restricted the app due to concerns about security, data privacy, and its influence on young users. Governments have raised issues about how…
48 mins ago
The Minister of the Federal Capital Territory, Nyesom Wike, has dismissed Governor Siminalayi Fubara’s attempt to engage the Rivers State House of Assembly, calling his letter to lawmakers “useless.” Wike, speaking to journalists in Abuja on Wednesday, criticised Fubara’s method of communication, arguing that the governor should have contacted Speaker Martins Amaewhule directly instead of…
52 mins ago
The EU says it will respond to U.S. tariffs on steel and aluminium imports by reintroducing tariffs on U.S. products including whiskey, motorcycles, peanut butter, and boats in April. The European Commission said in a memo that the countermeasures would aim to “protect European businesses, workers, and consumers” from the impact of U.S. tariffs. READ…
1 hour ago
A Jos Magistrates’ Court on Wednesday sentenced a 23-year-old trader, Joseph Peter to nine months imprisonment for stealing foodstuff and agas cooker from his neighbour’s house. Magistrate Shawomi Bokkos sentenced Peter after he pleaded guilty to breaking and entry and theft. Bokkos in her judgment, however,gave the convict an option to pay N20,000 as fine.…