Thursday, 28th March 2024
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Industry

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 Mar
Industry stakeholders have expressed deep concern over the recent introduction of the Expatriate Employment Levy (EEL) by the federal government, saying the country may be perceived as hostile.
28 Feb
Lagos State Governor, Babajide Sanwo-Olu, has reiterated his administration’s commitment to creating an attractive environment for investment, particularly multinationals from the United States and the rest of Africa.
28 Feb
Stakeholders have described the lifting of economic and trade sanctions, previously imposed on Mali, Niger and Burkina Faso, as a good step in the right direction and urged that trading activities resume immediately
28 Feb
In sharp contrast with prior optimistic outlooks on US-Nigeria economic relations, Nigeria observed a dramatic 88 per cent fall in its foreign capital intake from the United States during the last quarter of 2023, according to the National Bureau of Statistics (NBS).
28 Feb
German Machinery and Equipment Manufacturers Association (VDMA) has called on local industrial players to leverage the renewed Nigerian-German trade relation to develop the sector.
21 Feb
Determined to make Nigeria a major food processing hub in Africa, plans are currently underway to establish a 360 agro-products processing complex in Onicha-Ugbo in Delta State.
21 Feb
As part of efforts to drive investments in Nigeria and encourage the quick implementation of the African Continental Free Trade Area (AfCFTA), stakeholders have concluded plans to hold the fourth edition of the Ecofair.
21 Feb
The Distillers and Blenders Association of Nigeria (DIBAN) has warned that the industry is at risk of collapsing while investments worth over N1.2 trillion will be lost affecting millions of direct and indirect jobs...
16 Feb
Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has stressed the importance of negotiating to strengthen and quicken the implementation of the African Continental Free Trade Agreement (AfCFTA). 
16 Feb
President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has said that the continued decline in capital importation into the country as well as its current structure and skyrocketing foreign exchange is a matter of great concern to businesses across the country. 
16 Feb
As insecurity mounts nationwide and kidnapping cases become rampant, manufacturers and industry stakeholders have expressed worry, saying business activities are being affected negatively while their operating costs...
10 hours ago
To improve electricity supply across Africa and reduce dependency on expatriates from Europe and other continents, Nigeria is currently training several personnel in Southern and Western countries.
10 hours ago
Lagos Commodities and Futures Exchange (LCFE) has stressed the need for the Federal Government to utilise the commodities exchange ecosystem as a strategy to boost food security, create job opportunities and enhance Nigeria's capacity to earn foreign exchange.
10 hours ago
In support of the global move to achieve carbon-zero emission and to reduce the high cost of maintaining internal combustion engine vehicles, the management of MAX has donated low-emission MAX Motorcycles to the Lagos State Residents Registration Agency (LASRRA).
10 hours ago
Businesses in Nigeria will have the opportunity to leverage Google technologies for growth and competitiveness.
10 hours ago
Over five million Nigerian women entrepreneurs have so far benefited from over N500 million facility put in place by the Association of Nigerian Women Business Network (ANWEN) to boost their businesses.
10 hours ago
To mitigate the impacts of climate change, the federal government has secured $198,175 in grants from the Climate and Clean Air Coalition (CCAC) to curtail open-field burning practices among farmers.
10 hours ago
The Lagos State Government has partnered Caverton Marine to enhance local boat production, to tackle challenges in waterways transportation and reduce capital flight through boat importation by 70 per cent. This collaboration involves the local construction of 25 state-of-the-art ferries, each with a capacity for 40 passengers as well as creating a viable and efficient…
10 hours ago
The Alternative Bank and TK Tech Africa are poised to transform the landscape of financial technology and non-interest banking with their innovative $500 million digital Sukuk initiative.
1 day ago
The Amalgamated Union of App-Based Transporters of Nigeria (AUATON), Lagos chapter, has officially called off the proposed protest against the impasse over the data-sharing agreement between the Lagos State Government
1 day ago
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has described as commendable the clearance of a $7 billion foreign exchange (FX) backlog by the Central Bank of Nigeria (CBN).