Afreximbank, AAAM renew MoU to boost local automotive manufacturing
Ms Biene, President of AAAM, said ” Afreximbank has been a phenomenal partner in our quest to drive growth and industrialisation of the automotive industry on the continent.
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Is Nigeria’s First Policy Working?: N15trn imported Manufactured Goods Flood Nigeria HY 2025 – NBS
Reacting, the Director-General of the Manufacturers Association of Nigeria, Segun Ajayi, explained that the deficit is not only a result of consumer choices but also of government procurement patterns.
Ghanaian cement producers raise concerns over rising imports from Togo
The Ministry of Trade, Agribusiness and Industry, COCMAG CEO George Dawson-Ahmoah said that foreign cement brands, particularly from Togo, are increasingly ‘flooding’ the Ghanaian market without undergoing mandatory product certification by the Ghana Standards Authority.
Nigerian Schools to teach 26 trade skills for industries manpower
The Minister of Education, Tunji Alausa, stressed that the reform aims to produce a workforce that is both technically skilled and industry-ready.
Nigeria’s Industrial sector activities decline in August – CBN PMI
Among the 17 sub-sectors surveyed in the Industry sector, 7 recorded expansions, while the remaining 10 sub-sectors indicated contraction.
Nigeria Gazettes New tax laws for businesses
Companies transacting in foreign currency may now pay taxes in naira at official exchange rates.
Taiwo Oyedele defends 5% fuel tax
This is not a new tax. It was first introduced into law in 2007, and the intention was to collect that five per cent and use it to fix roads.
Seme Customs Command’s New Comptroller Pledges Improved Trade Flows
Adenuga also assured that the Command would intensify collaboration with key government agencies including the DSS, Police, Immigration, NDLEA, NAFDAC, and the military to strengthen border security and foster a more conducive environment for legitimate trade.
World Maritime Day theme 2025
The World Maritime Day theme for 2025 “Our Ocean, Our Obligation, Our Opportunity” reflects the ocean’s vital role in the world economy, with more than 80% of global trade transported by sea.