LCCI Announces Venue for ‘Invest Nigeria’ Expo 2024
LCCI said that the expo will be used to introduce 15 Unicorn Companies to the Nigerian Economy, Sign landmark investment agreements
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Junaid Waziri To Establish $1.5bn Cement Factory in Bauchi
Dr Abbas Junaid Waziri, the managing director of Resident Cement Company, has expressed interest to establish a cement factory in the Gwana district of Alkaleri Local Government Area of Bauchi State. The State Governor, Bala Abdulkadir Mohammed, who disclosed this, said that Resident Cement Factory has resolved to invest $1.5 billion in establishing the Gwana…
Afreximbank projects $40bn intra-African trade in 2026
▪︎Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026.Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, disclosed this in Abuja at the African Caucus Meeting of the World Bank Group…
Manufacturers urge to move Cargoes through Railway
▪︎APM Rail Terminals Kano The Nigerian Shippers Council (NSC) and the Nigerian Railway Corporation (NRC) say that manufacturing companies, importers and exporters should take advantage of rail services for the transportation of cargoes to and from the seaports to Inland Dry Ports (IDPs). The two agencies of the government back up the call with signed…
Manufacturing sector worst hit in unpaid $2.4bn FX backlogs by CBN -MAN
Worse still, the commercial banks have continued to charge dollar account along with other Naira bank charges such as 35% interest rate on the facilities that these companies have with their banks.
NACCIMA, CBN differ on payment of outstanding FX to Companies
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), is calling on the Central Bank of Nigeria (CBN) to act quickly to pay the outstanding balance of the 2022 to 2023 foreign exchange forwards to the affected companies. Conversely, CBN Governor, Olayemi Cardoso, maintained that the bank would not pay for FX…
AQAC Ogun Ready for Certifications of AgroFood industry’s Products- Afreximbank
African Export-Import Bank (Afreximbank) says its African Quality Assurance Centre (AQAC) in Ogun State, can now offer internationally accredited services for food and agri products in Nigeria. The international accreditation of the AQAC in Ogun to the ISO/IEC 17025:2017, was done last week by the South African National Accreditation System (SANAS). SANAS is one of…
OPSN Pleading for Protests Without Destroying Businesses, Economy, citing #End SARS
A peaceful protest will ensure that citizens can express their concerns without infringing upon the rights of others or disrupting legal and lawful activities.
Issue: Will Int’l Trade Fairs Ever Hold Again At Lagos Trade Fair Complex?
The exhibitions arena at the Lagos International Trade Fair Complex (LITFC) along Lagos-Badagry Expressway, used to be the hub for the largest International Trade Fair in Nigeria. The spectacular 10-day event usually begins on the first Friday in November of every year, since 1981 up to 1986 when the organisation of the Fair was taken…
How Elephant Foods is making a difference in the Nigerian Spices Industry -Ceo, Nnanna Ephraim
Elephant Foods Company is proud to offer a diverse range of products, including our core spice blends, product lines, speciality products, and custom blending services.
Our product range includes:
– UBELEPHANT Coconut flavoured blends,
– UBELEPHANT thyme leaves
– Chefking Curry POWDER, Chefking Thyme leaves,Turmeric, Ginger and GARLIC powder.