UBA Lending Business Owners N5bn BoI MSME fund at 9% Interest Rate
I urge eligible businesses to visit any UBA branch or the bank’s official website to begin their application process right away.
Read More
Four New Operators Enter Nigeria’s Sugar Industry – Bakrin
The four operators which will each develop 100,000-tonne facilities across Nigeria’s agricultural belt are: Brent Foods in Oyo State, Niger Foods in Niger State, Legacy Sugar in Adamawa State, and UMZA in Bauchi State.
Tax Incentives Coming for Manufacturers Using Local Raw Materials – Nnaji
•Chief Uche Nnaji, the Minister of Innovation, Science and Technology The Federal Government is considering the introduction of tax incentives for Nigerian manufacturers who utilise locally sourced materials. Chief Uche Nnaji, the Minister of Innovation, Science and Technology, made this announcement during the 2025 edition of the Nigeria Manufacturing & Equipment and Nigerian Raw Materials…
Global push to end plastics pollution by 2040 nears finish line
The latest Global Trade Update shows that plastic production reached 436 million metric tons worldwide in 2023, with the traded value surpassing $1.1 trillion and accounting for 5% of total merchandise trade.
Making Nigeria an Industrial Powerhouse: Nnaji, Meshioye, Ike-Muonso
PHOTO (L-R) : Dr Ayotunde Coker, CEO of Open Access Data Centres; Prof Nnaleyugo Martin Ike-Muonso, Director-General of the Raw Materials Research and Development Council, RMRDC.; Chief Uche Geoffrey Nnaji, Minister of Innovation, Science and Technology, Folashade Ambrose- Medebem, Honourable Commissioner for Commerce, Cooperatives, Trade and Investment; Otunba Francis Meshioye, the President of the Manufacturers Association…
NME/ NIRAM Expo kicks off today in Lagos
Nigeria Manufacturing Equipment / Raw Materials ( NME/ NIRAM) Expo kicked off today in Lagos. The 3-day exhibitions, themed ‘ Sustainable Manufacturing Through Edge Equipment and Technology’, are ongoing at the Balmora Hall of the Federal Palace Hotel, Victoria Island. Chief Uche Geoffrey Nnaji, Minister of Innovation, Science and Technology, is welcomed by Otunba Francis…
CPPE Urges Sustained Support for High-Performing Sectors and Targeted Assistance for Sectors in Recession
• Dr Muda Yusuf, MD/CPPE The Centre for the Promotion of Private Enterprise (CPPE) has called for ongoing support for high-performing sectors of the economy and targeted intervention for sectors currently in recession. This appeal follows the recently rebased Gross Domestic Product (GDP) figures released by the National Bureau of Statistics (NBS), now based on…
Bature Brewery targets 1pct of Nigeria’s $7bn beer market
“We’re going to be a small craft brewery compared to the big guys, but we believe we can make the best beer and we can keep growing in our own way and do things in our own style. “I will be very happy with 1% of the Nigeria’s $7 billion beer market. Even half of…
CEO of Open Access Data Centres to Give MAN -RMRDC Expo Keynote Address
•Dr Ayotunde Coker Dr Ayotunde Coker, the Chief Executive Officer of Open Access Data Centres, will give the Keynote Address at the Nigeria Manufacturing Equipment and Raw Materials Expo 2025. Industrial Times follow-up on the August 5-7 event whose theme is, Accelerating Sustainable Manufacturing Through Cutting Edge Equipment, will have Dr. Coker, a globally respected…
Unilever, “Glocalised Brand” – MAN
“Unilever is a “glocalised” brand, one that blends global excellence with local relevance, and applauded the company’s achievement of sourcing over 60 percent of its raw materials locally.” Those words were coined by the President of the Manufacturers Association of Nigeria (MAN), Otunba Francis Meshioye.The occasion was during a delegation of the company’s management led…