The National Bureau of Statistics (NBS) says crops production remained the major driver of the agricultral sector of the Nigerian economy. ” This is evident as it accounts for 90.03% of the overall nominal value of the sector in the fourth quarter of2023. Quarter-on-quarter growth stood at 1.62% in the fourth quarter of 2023,” said…
The NAFDAC is being accused of expanding the unemployment problems across the country. This follows its recent ban on the production, distribution and sales of alcoholic drinks in sachets and PET bottles of 200ml and below. In a protest march to the NAFDAC Lagos Office , the protesters – Distillers and Blenders Association of Nigeria,…
The Manufacturers Association of Nigeria (MAN) has paid a welcome visit to the newly appointed Managing Director of FrieslandCampina WAMCO, Mr. Roger Adou, who assumed office in January 2024. MAN Director -General, Segun Ajayi-Kadir, led the delegation; accompanied byMabel Michael (P.A. to the DG), Joseph Emoleke (Assistant Director, Membership Division), Kanayo Iwuchukwu (Assistant Director, Special…
Oyeyimika Adeboye, is the Managing Director, Cadbury Nigeria Plc. She supervises the West African operations of Mondelēz International, one of world’s largest snack companies.In this interview, culled from The Nation, Adeboye shares insights on the manufacturing environment in Nigeria as well as regional integrations and other issues. How do we ensure dollar liquidity? I can…
▪︎Cover image: Doris Uzoka-Anite, Minister of Industry, Trade and Investment The latest Nigeria Labour Force Statistics Report Quarter 3,2023, showed that 90.5 percent of women are engaged as self-employed while 84.2 percent of men were self-employed. The reports, released today, by the National Bureau of Statistics (NBS), was funded by the World Bank and the…
▪︎Mr Hans ESSAADI, Managing Director/CEO DESPITE the N51.3 billion spent on advertising and sales promotion by the Nigerian Breweries Plc, the giant brewer reported a N106.3 billion loses for the financial year ended December 2023. Based on this, the Company’s Board of Directors has notified its shareholders that it did not recommend any dividend for…
Arrays of alcoholic sachets drinks in Nigeria
President Macky Sall of Senegal will tomorrow, decorates Alhaji Aliko Dangote, President and Chief Executive Officer of Dangote Group, with the award of the National Order of the Lion. Industrialtimesngr.com learned that the award is the highest order of Senegal and will be bestowed on the foremost businessman on February 2, 2024. Based on this,…
Innoson Kiara Academy has trained and graduated over 200 youth in automotive diagnostics training, as parts of its contribution towards the industry’s manpower development. Established in partnership with the renowned German Auto Company, BOSCH, Innoson Kiara Academy is a Technical and Vocational institution at Innoson Vehicle Manufacturing (IVM). Chief Dr. Innocent Chukwuma, CEO of Innoson…
▪︎Ernest Ndukwe, Chairman of MTN Nigeria MTN Nigeria Communications Plc has moved a step forward in its carbon emissions target having reduced its total energy consumption in 2022 financial year ended, by 254,161.51 gigajoules. ” This represents a 21.6% reduction in energy consumption compared to 1,176,233.90 GJ in2021,” said Ernest Ndukwe, the company’s Chairman. Ndukwe,…
