Thursday, 28th March 2024
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Industry

24 Jan
Chairperson of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, said his committee’s Emergency Economic Intervention Bill will eliminate unnecessary taxes and levies imposed on businesses, which he said, undermine the ease of doing business.
24 Jan
Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Dr Olufemi Ogunyemi has urged the Cross River State government to take advantage of its tax incentives in boosting trade and industrial activities within the state.
24 Jan
The Lagos Chamber of Commerce and Industry (LCCI) has argued that growth in both trade and manufacturing has drastically declined in the last six months, adding that urgent steps must be taken to save the sectors from total collapse.
18 Jan
President of the Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa, has urged the federal government to remove the many obstacles that hinder the organised private sector (OPS) from investing
17 Jan
The federal government is set to launch an intervention package tagged Business Champion Programme targeted at large and medium-scale businesses.This was announced by the Special Adviser to the President of the Presidential Enabling Business Environment Council ..
17 Jan
FrieslandCampina WAMCO Nigeria PLC has appointed Roger Adou as managing director, effective January 1, 2024. He takes over from Ben Langat and will report to the President, the Middle East, Pakistan and Africa Business Group (MEPA), Ali Khan, and based in Lagos.
17 Jan
The Economic Report on Africa 2023 (ERA 2023) has revealed that achieving sustainable growth and building resilience requires structural transformation. It added that any successful industrial policy requires sectoral focus as well as getting the basics right...
17 Jan
The Illinois Department of Commerce and Economic Opportunity – the Office of Trade and Investment, Government of Illinois – is set to implement an inbound trade mission from the United States to Nigeria. 
3 Jan
Nigeria's Terms of Trade (ToT) of all commodities recorded a slight decline of 0.03 percentage points in the third quarter of 2023, National Bureau of Statistics (NBS) has revealed.
3 Jan
As manufacturers and MSMEs kickstart a new business year, economic indicators do not look very promising as many industrialists are still reeling from the difficulties experienced in 2023, when many businesses experienced record losses arising from several factors.
27 Dec
In a bid to develop a framework to build and enhance consumer credit in Nigeria, the Presidential Council on Industrial Revitalisation has established a Technical Working Group with members from the Central Bank of Nigeria
27 Dec
Vice-President, Lagos Chamber of Commerce and Industry (LCCI) and head of the chamber’s Public Affairs and Advocacy Committee (PAAC), Prince Abimbola Olashore, has decried the exorbitant cost of testing and overly-rigorous processes local businesses...
2 hours ago
Nigerian banks have 24 months to recapitalise their capital base to at least N500 billion international authorisation capitalisation to continue operations in the country, the Central Bank of Nigeria (CBN) has said. This comes after the apex bank urged Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial…
20 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.
20 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.
20 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).
20 hours ago
Businesses in Nigeria will have the opportunity to leverage Google technologies for growth and competitiveness.
20 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.
20 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.
20 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…
20 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