The Federal Government has placed a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri, made this known on Thursday during …
Category:
Manufacturing
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AfricaEconomyGOVERNMENTInternational RelationsManufacturingPoliciesTrade and Commerce
Trump slaps tariffs on Africa as he hails ‘Liberation Day’
Former U.S. President Donald Trump has once again stirred global trade waters by introducing heavy new tariffs that affect countries across Africa, as part of what he calls his “Liberation …
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AgricultureEconomyManufacturingPoliciesTrade and Commerce
Experts Say Nigeria Must Boost Production to Benefit from AfCFTA Tariff Removal
Economic experts have warned that Nigeria must increase local production and industrialisation if it wants to truly benefit from the African Continental Free Trade Area (AfCFTA) agreement, which offers a …
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BusinessEconomyINVESTMENTManufacturing
Guala Closures Opens New Factory in Lagos Free Zone to Serve West Africa
Guala Closures, a top international company known for making bottle closures for drinks and edible oil, has opened a new factory in Nigeria. The new manufacturing plant is located in …
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BusinessEconomyLeadershipManufacturingNigeria
Cutix Plc CEO Ijeoma Odunoye Bags NASME Award for Entrepreneurial Excellence
The Chief Executive Officer of Cutix Plc, Ijeoma Odunoye, has been honoured with the Most Successful Female Entrepreneur/Excellent Performer award by the Nigerian Association of Small and Medium Enterprises (NASME). …
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BusinessBusiness InsightsEconomyManufacturingTechnology
Dangote Group Calls for Heavy Tech Investment to Boost Nigeria’s Industry
The Dangote Group has called on the Nigerian government and private sector players to invest massively in technology to help Nigeria’s industrial sector grow and gain global respect. This call …
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BusinessEconomyFinance & ServicesManufacturing
Forex Wahala: Nigerian SMEs Struggle as Naira Crisis Deepens
Small and medium-sized businesses across Nigeria are groaning under the weight of the forex crisis as the naira continues to fall and the foreign exchange market remains unstable. For many …
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BusinessEconomyFinance & ServicesManufacturingMarkets
International Breweries’ loss extends to seventh year
International Breweries has recorded another year of losses, marking its seventh consecutive year in the red. The company’s audited financial report, filed on the Nigerian Exchange Limited on Thursday, showed …
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BusinessEconomyManufacturingPolitics
South Africa’s Manufacturing Sector Faces Challenges but Sees Slight Improvement
In March, South Africa’s manufacturing sector continued to face challenges, according to the latest Purchasing Managers’ Index (PMI) survey. The index, which measures the performance of the manufacturing industry, showed …
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Business and EconomyINVESTMENTManufacturingNigeriaWestern Africa
Multinationals’ Exit from Nigeria Creates Opportunity for Local Detergent Manufacturers
The exit of several multinational detergent companies from the Nigerian market has opened up a new opportunity for local manufacturers to meet the growing demand for premium detergents. The gap …