MAN’s Leadership Visits Kaduna Manufacturers
The tour included visits to: Euro Products Ltd, Armeco Ltd, Queensway Ltd, PAN Nigeria Ltd, RH Plastics, NOCACO Ltd, JAFCO Ltd, Sunglass Ltd, CHELLCO Limited,and Nigerian Breweries Plc.
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Holcim Launches Carbon Capture Testing Platform in France
The 2500m² platform is capable of analysing and processing CO₂ and other emissions from the cement industry. Its ‘plug-and-play’ architecture accommodates different carbon capture systems that can be connected to Holcim’s Martres-Tolosane plant.
IMF to assist FIRS in effectively implementing new tax laws
• Zach Adedeji The International Monetary Fund (IMF) has expressed its commitment to supporting the Federal Inland Revenue Service (FIRS) in implementing new tax laws. Senior Economist Paulo Paz praised FIRS for its progress under Chairman Zacch Adedeji during a mission in Abuja. He emphasised the implications of the new tax laws and the IMF’s…
Beyond GDP, UNCTAD to launch new economic indicators for measuring countries prosperity
GDP does not capture progress in well-being, equity, inclusiveness or sustainability – and it was designed as a measure of economic activity.
China’s 2000 industry clusters propels 30% global MV — Report
• 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…
Spanish’s GB Foods Tomato Processing Factory Takes- Off in Nigeria
A new tomato processing factory and farm expansion by the Spanish multinational group, GB Foods have been commissioned in Gafara, Ngaski Local Government of Kebbi State. Abubakar Kyari, the Minister of Agriculture and Food Security, commissioned the tomato Processing factory, weekend, on behalf of President Bola Tinubu. “I am happy that GB Foods is the…
Nigeria:Tobacco Industry Regulator Fines BAT $110m For Market Violations
“We are not attempting to shut down businesses, but they must understand that if you snooze, you lose. You can’t manipulate the market and expect nothing to happen.” That’s Babatunde Irukera, the Executive Vice Chairman of the Federal Competition and Consumer Protection Commission (FCCPC). He cited a substantial fine of $110 million to be paid…
First Bank , General Hydrocarbons’ Stakeholders In Suspense of $225.8m Debt Resolutions
▪︎UGC image credit: Arise News TV SHAREHOLDERS, Customers, investors, and other stakeholders of First Bank of Nigeria (FBN) and that of General Hydrocarbons Ltd, are waiting for the outcome of a $225.8m loan disputes between the two companies. General Hydrocarbons Limited and First Bank of Nigeria Limited are currently at the Federal High Court in…
Dangote’s building a 3mmt fertiliser plant in Ethiopia
Both leaders, Aliko Dangote and Dr. Brook Taye, emphasised the project’s importance in transforming Ethiopia’s agricultural sector and promoting self-sufficiency.
Nigeria To Host Africa-Arab Trade Bridges Meeting
“Nigeria has been designated as the next host for the Arab Africa Trade Bridges (AATB) Program Board of Governors meeting, which will take place in Abuja next year. These developments clearly demonstrate Nigeria’s continued significance on the global stage and our commitment to nurturing international trade relationships. We’re looking forward to welcoming delegates to Abuja…