Friday, 29th March 2024
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Industry

2 days ago
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.
2 days ago
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
2 days ago
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.
2 days ago
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...
21 Mar
With the belief that small businesses remain the pillars of not just Nigeria but the global economy, over 40,000 small businesses will be empowered through skills and knowledge through a series of online...
21 Mar
The Managing Director, FAE Ltd, Princess Funlayo Bakare-Okeowo, said no matter the rate of digitalisation, the development could never eliminate the need and use of paper.
13 Mar
Global merchandise trade could start to show some modest gains in the first quarter of 2024 after a weak performance last year, the World Trade Organisation (WTO) Goods Trade Barometer report has revealed.
13 Mar
In a bid to boost local production, ensure food security and turn Nigeria into a major food processing hub in Africa, GB Foods has announced a significant expansion of its investment in the country with an integrated tomato processing plant and expanded farm facilities in Gafara, Ngaski Local Government Area of Kebbi state.
13 Mar
To address the challenges posed by foreign exchange (FX) scarcity, CEO and Co-founder, SeamlessHR, Emmanuel Okeleji, has urged local businesses and industries to consider leveraging local software as a service (SaaS) solutions.
13 Mar
To sustainably solve the problem of inadequacy of sourcing raw materials for local manufacturing, the Minister for Science, Innovation and Technology, Uche Nnaji, said raw materials development and research must receive better funding and priority going forward.
7 Mar
Despite the African Continental Free Trade Area (AfCFTA) being ratified in almost all African countries, intra-trade within the continent is still very poor, a report by the Economic Commission for Africa (ECA) has revealed.
2 hours ago
Chinese telecom giant Huawei said on Friday that its profits more than doubled in 2023, a year that saw the company defy US sanctions with the release of a high-end smartphone.
4 hours ago
Tokyo markets closed higher on Friday after the Dow and S&P 500 hit new highs on Wall Street, while investors awaited US economic data due later in the day.
7 hours ago
Disconnected Subscribers Identification Module (SIM) cards as a result of unverified National Identification Number (NIN) may hit 50 million from the second phase of the disconnection of unlinked SIMs to NIN exercise, which begins today, March 29.
7 hours ago
The Central Bank of Nigeria (CBN) has auctioned N1.64 trillion worth of treasury bills.
7 hours ago
In lieu of the increase in passenger traffic this season, Bi-Courtney Aviation Services Limited (BASL) has assured safety, security, and better customer experience for travellers using the Murtala Muhammed Airport Terminal Two (MMA2) facility in Lagos.
7 hours ago
Amidst several challenges confronting the power sector, including limited access to critical resources, the Minister of Power, Adebayo Adelabu, has unveiled plans to liaise with the Central Bank of Nigeria (CBN)...
7 hours ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) yesterday affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees.
7 hours ago
Nigeria’s Terms of Trade (ToT), for all commodities, recorded a decline of 0.22 percentage points in the fourth quarter of 2023.
7 hours ago
Succour may be on the way for power generation in the country due to the collaboration between Daystar Power and Rocky Mountain Institute (RMI).
7 hours ago
Heirs Technologies has expressed readiness to make Nigeria a leading Business Process Outsourcing (BPO) destination in Africa.