Industry
2 days ago
Just last week, Nigeria’s local manufacturing sector was dealt a huge blow as one of the biggest brewers in the country, Nigerian Breweries, announced that it is suspending operations in two of its nine breweries.
10 Apr
The West African pharmaceutical industry faces significant challenges, including the prevalence of counterfeit products and stringent import regulations.
10 Apr
Again, stakeholders in Nigeria’s Organised Private Sector (OPS) have expressed grave concerns over the skyrocketing cost of doing business, saying that they fear for their survival.
10 Apr
The Lagos Chamber of Commerce and Industry (LCCI), in partnership with the Ministry of Foreign Affairs, has concluded plans to host this year’s edition of the yearly LCCI International Business Conference and Expo tagged “Invest Nigeria.”
3 Apr
The Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, announced that all the technical problems related to the uploading of the National Identification Number (NIN) for participants in the Presidential Conditional Grant Programme also known as the Trade Grant Scheme have been resolved.
3 Apr
Nigeria and other African countries are expected to experience continuous food inflation in the coming months owing to the disruption in global trade as a result of attacks on shipping lines by Houthi Rebels in the Red Sea.
3 Apr
The Manufacturers Association of Nigeria (MAN) has urged regulators to engender an atmosphere that promotes fairness while safeguarding the interest of the consumers and protecting local manufacturers.
27 Mar
President of the Nigerian-American Chamber of Commerce (NACC), Adebola Williams, has regretted that despite Nigerian goods being sought after overseas, the country keeps losing millions of dollars yearly for rejected goods.
27 Mar
The Federal Government has said it is planning to put a total ban on the importation of syringes into the country to promote local production.To this end, the National Agency for Food and Drug Administration and Control
27 Mar
Nigeria's dairy sector is set to undergo a transformative journey with the inauguration of the latest Value4Dairy Consortium project, signaling a significant leap forward for the industry.
27 Mar
The Lagos Chamber of Commerce and Industry (LCCI), has urged the government to cut unnecessary expenses and reduce statutory expenditures, considering current economic hardship in the country..
21 Mar
As part of efforts to foster economic growth and create bilateral trade between the state of Illinois and Nigeria, the Illinois Department of Commerce and Economic Opportunity (DCEO) has held an inbound trade mission in Lagos.
21 Mar
The Manufacturers Association of Nigeria (MAN) has expressed deep sadness that despite contributing the highest to value-added tax (VAT), the sector remains neglected just as its players are being forced out of business...
10 hours ago
The Lagos Chamber of Commerce and Industry (LCCI) is deeply worried about the various economic headwinds confronting the stability of the Nigerian economy.
10 hours ago
The World Bank Group and the African Development Bank Group are partnering on an ambitious effort to provide at least 300 million people in Africa with electricity access by 2030.
10 hours ago
Trading activities on the floor of Nigerian Exchange Limited (NGX) halted gains to close on a downturn yesterday, causing market capitalisation to decline by N35 billion.
10 hours ago
Worried by the dwindling oil production and the need to drive investments in the nation’s oil and gas sector, the Federal Government, through the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has underscored the imperative of ramping up production as a pivotal strategy to ensure stability in the midstream and downstream sectors of the industry.
10 hours ago
The Nigeria Customs Service (NCS) Tin Can Island Port (TCIP) command has reported a 95.3 per cent increase in non-oil exports in the first quarter of 2024, compared to the same period last year.
11 hours ago
Access Pensions has emphasised its commitment to offering thorough guidance and assistance to customers interested in Pension Backed Mortgages (PBMs).
11 hours ago
To further address the energy inefficiency in the country, the Chief Executive Officer, Stanbic IBTC Holding Plc, Dr. Demola Sogunle, said N350 billion fund has been raised to support customers in the energy sector.
11 hours ago
Amid geo-political tension marked by uncertainty, volatility, and disruptive forces, the Chartered Institute of Directors Nigeria (CIoD) has tasked directors on effective leadership, noting that their roles as leaders assume even greater significance in turbulent times.
1 day ago
Stakeholders in the insurance and pension industry have called on operators in the sectors to adopt artificial intelligence (AI) to drive business expansion in the country.
1 day ago
Though it does not have the power to regulate prices, the Federal Competition and Consumer Protection Commission (FCCPC) will deploy an existing legal framework to enforce fair competition and consumer protection provisions to achieve fair prices of commodities.