▪︎Thomas Etuh Thomas Etuh’s Tak Agro and Theophilus Danjuma’s TY Holdings, have acquired Notore Chemical Industries Plc in Onne, Rivers State, for $150 million. “We put $150 million into an escrow account. Being a publicly quoted company, we were made to go through a bid process and won the bid,” Etuh told BusinessDay.“I am excited…
The MDA’s overall performance score is based on Efficiency and Transparency measures, with a 70% to 30% ratio, respectively
The Iron Rod and Steel Distributors Employers of Nigeria (IRSDEUN) is demanding the outcome of the reports on suspected iron rod producers from the Standard Organization of Nigeria and Tax laws from the Federal Inland Revenue Service, as mandated by the House of Representatives Committee on Steel Development. Industrial Times, learned that in a letter…
” I invite all interested investors and partners to join us in leveraging these opportunities to build a prosperous future for Lagos and Nigeria.” Babajide Sanwo-Olu, the Governor of Lagos State, said today, during the Lagos Chamber of Commerce and Industry International Business Conference, Expo 2024, tagged ‘Invest Nigeria.’ Sanwo-Olu told investors at the Conference…
• President of China, Xi Jinping A report by China Briefing, a regional Asian publication has revealed that China is home to over 2,000 industry clusters. The report said that China contributed about 30 per cent of the global manufacturing value in 2023, making it the world’s manufacturing powerhouse. The report said that the manufacturing industry…
Coca-Cola HBC says 944,948 young people across its markets in Nigeria and the rest of the globe have benefited from its Youth Empowerment Programme. ” Our aims is to train one million young people by 2025 so that they are equipped with the skills, experience and confidence they need to secure a brighter future,” said…
Acting Chief Justice of Nigeria, Kudirat Kekere-Ekun, and President Bola Tinubu.
Dr Doris Uzoka-Anite, Minister of Industry, Trade and Investment
▪︎Eric Andrew The WTO has selected Eric Andrew, Nigeria, founder and team lead at agricultural non-profit AgrofixiNG, along with seven other candidates around the world to form the first cohort of its Young Trade Leaders Programme, which lasts one year, starting from August 7. • Others are: Phoebe Britten, Australia, youth advocate and Founder and…
Zhongshan, the Chinese firm that secured a court order to confiscate three Nigerian presidential jets has released one of the aircraft. This is to allow President Bola Tinubu travel to a scheduled meeting with President Macron of France early next week. The company, however, did not say when the two remaining aircraft being detained would…
