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...