FIVE days ago, specifically on Monday February 19, 2024, the Federal Government and the cement manufacturers in the country met over the escalating prices of the commodity nationwide. During the meeting, the Federal Government was represented by the Minister of Works, Dave Umahi, and the Minister of Industry, Trade and Investment, Doris Uzoka-Anite, among other…
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…
By Franklin Ocheneyi The Food and Agricultural Organization (FAO) has trained some Nigerian women to process and promote Tom Brown- a porridge, produced from a blend of nutritious, local ingredients. Also known locally as Garin Kunu. The origin of the name Tom Brown is believed to come from the fact that the product is supposed to…
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…
▪︎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
United Bank for Africa (UBA) Plc has announced the appointments of Mary Mulili, and Mohamed Alhajie Samoura as the new chief executive officers of its subsidiaries in Kenya and Sierra Leone, respectively. In a statement, UBA’s Group Managing Director/CEO, Oliver Alawuba, said that the strategic appointments underscored the bank’s commitment to fostering diversity, empowering local…
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,…
” We need fair markets, fair global value chains and investment in local value addition.”
▪︎Doris Uzoka-Anite, Minister of Industry, Trade and Investment . The Lagos Chamber of Commerce and Industry (LCCI) says that urgent steps must be taken by the government to save the trade and industrial sectors of the economy from total collapse. In a review of the fourth quarter of 2023, LCCI President, Gabriel Idahosa, pointed out…
