Shandong Chamber of Commerce Exchange Meeting with LCCI
At the meeting, LCCI President, Mr. Gabriel Idahosa, stated that the Lagos Chamber of Commerce and Industry (LCCI) is committed to strengthening bilateral relations between Nigeria and China.
2024
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FG Links Agbara Industrial Hub to National Grid
The Federal Government has connected the Agbara Industrial Hub in Ogun State, to the national grid, under it’s Industrial Clusters Power Project. The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, disclosed this, during the Nigeria Manufacturers Summit,’ Rethinking Manufacturing’, held at the Presidential Villa in Abuja, yesterday. Before this initiative, none of the businesses…
Auto Industry Needs Components Manufacturers to Drive Growth – Ejindu
The maiden edition of the Nigeria Auto Industry Summit (NAISU) ended with calls for strategic investments in the production of automotive components and parts to drive the sector’s growth. The summit, held in Lagos, was organised by the Nigeria Auto Journalists Association (NAJA), in conjunction with the National Automotive Design and Development Council (NADDC). During…
Nigeria’s New Mining Licences Rate
The Minister of Solid Minerals Development, Dele Alake, says that investors applying for a Mining Lease license would pay N3 million, while Small Scale Mining Lease (SSML) applicants will pay N300,000 for the first two cadastral units. The Minister also said : “The cost to obtain an Exploration Licence (EL) is N600,000 for the first…
Ogun Commissioner Says No Business For Miners with Expire Documents
Mining is a win-win thing if done responsibly, but destructive and disruptive when it is irresponsibly carried out.
Nigeria Missing Out On $110bn Global Bitumen Market – Senate
▪︎Dele Alake The Senate is worried about Nigeria missing out of the $110 billion bitumen global market. The apex legislative Chamber, through its Committee on Solid Minerals, made the revelation on the $110 billion global bitumen market during public hearing on a bill seeking for an Act to establish Bitumen Development Commission. The public hearing…
Nigeria To Host Africa-Arab Trade Bridges Meeting
“Nigeria has been designated as the next host for the Arab Africa Trade Bridges (AATB) Program Board of Governors meeting, which will take place in Abuja next year. These developments clearly demonstrate Nigeria’s continued significance on the global stage and our commitment to nurturing international trade relationships. We’re looking forward to welcoming delegates to Abuja…
Tinubu: It’s Shameful We’re Still Generating 4.5GW of Electricity
▪︎Image: President Bola Tinubu; Aliko Dangote, and Wale Edun. Source : State House photo ” As a nation, it is so shameful that we are still generating 4.5GW of electricity,” said President Tinubu, today, during the launch of Presidential Economic Coordination Council (PECC) and the Economic Stabilization Programme to ensure food security, improved power supply,…
Zedcrest Acquires RMB Nigeria Stockbrokers Ltd
We are thrilled to welcome RMB Nigeria Stockbrokers Limited into the Zedcrest family,” said Adedayo Amzat, CEO, Zedcrest Group.
Sugar Council donates seed cane to Golden Sugar Company for 2024/25 planting season
The GSC Agronomy Manager, Mr M. Venkat, said they had 120 varieties in their germplasm, but they didn’t have this particular variety in their field and that they discovered that this variety has a higher yield than most of the ones they have