On Thursday 12 September 2024, worldstainless Secretary-General, Tim Collins, will explain why stainless steels, should be part of our routine materials palette, for the built environment. In a statement released ahead of the event by the World Stainless Steel , said “Stainless steels are an impressive family of high Chromium alloys and offer good to…
(Industrial Times) BUA Cement Plc has resolved to dedicate about 400 truck load of cement supplies to South West market to address scarcity of the product in that region. AbdulSamad Rabiu, the Chairman of BUA Cement, disclosed this during the company’s 8th Annual General Meeting (AGM) in Abuja, on Thursday. Rabiu said that the company’s…
▪︎Waste recycling center in Abuja/ Afrik 21 (Industrial Times) The International Labour Organization (ILO) says that the waste and recycling industry employs 6.9 million, representing 0.2 per cent of total global employment. The waste management and recycling industry includes businesses and organizations that collect, process, and recycle materials such as glass, plastic, paper, metal, and…
▪︎Nonye Ayeni, NEPC’s ED/CE The Nigerian Export Promotion Council (NEPC) has affirmed that its “Operation Double Your Exports” initiative, positively influenced the sector’s performance as it recorded $2.7 billionnon-oil exports in the first half of 2024. This represented a 6.26 per cent increase from the $2.5 billion recorded during the same period in 2023. This…
▪︎Thomas Etuh Thomas Etuh’s Tak Agro and Theophilus Danjuma’s TY Holdings, have acquired Notore Chemical Industries Plc in Onne, Rivers State, for $150 million. “We put $150 million into an escrow account. Being a publicly quoted company, we were made to go through a bid process and won the bid,” Etuh told BusinessDay.“I am excited…
The MDA’s overall performance score is based on Efficiency and Transparency measures, with a 70% to 30% ratio, respectively
▪︎UGC image of Rotimi Akinde, and Ifeoma Uz’Okpala President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as executive directors of the Bank of Industry (BOI). In a statement on Wednesday by Theodora Amechi, head of public relations division at BOI, the appointment took effect on August 26. BOI said Akinde will serve as…
The Iron Rod and Steel Distributors Employers of Nigeria (IRSDEUN) is demanding the outcome of the reports on suspected iron rod producers from the Standard Organization of Nigeria and Tax laws from the Federal Inland Revenue Service, as mandated by the House of Representatives Committee on Steel Development. Industrial Times, learned that in a letter…
” I invite all interested investors and partners to join us in leveraging these opportunities to build a prosperous future for Lagos and Nigeria.” Babajide Sanwo-Olu, the Governor of Lagos State, said today, during the Lagos Chamber of Commerce and Industry International Business Conference, Expo 2024, tagged ‘Invest Nigeria.’ Sanwo-Olu told investors at the Conference…
• President of China, Xi Jinping A report by China Briefing, a regional Asian publication has revealed that China is home to over 2,000 industry clusters. The report said that China contributed about 30 per cent of the global manufacturing value in 2023, making it the world’s manufacturing powerhouse. The report said that the manufacturing industry…
