• Morocco automotive industry/ Morocco world news “In 2023, Moroccan factories produced approximately 470,000 vehicles destined for Europe — surpassing China’s export volume to the continent, according to a Team France Export report. Europe represents Morocco’s primary market, with 80% of new vehicle exports crossing the Mediterranean.” Ouarzazate — French newspaper “Le Dauphiné libéré” has…
The Nigerian government has committed 14.3% in counterpart funding, with UNIDO mobilizing the remainder through partnerships and donor contributions. ∆ Nigeria’s President Bola Tinubu The Federal Government of Nigeria, and the United Nations Industrial Development Organisation (UNIDO),have earmarked a total of $174.6 million budget for the implementation of the Programme for Country Partnership (PCP). At…
Lola Ovayoza is the author of Death and I, a supernatural thriller; Obiliwiski, and Out of Sync. In this exclusive conversation with Industrial Times, Lola shares her passion for story telling across fiction and non-fiction genres including thrillers, horror, romance, action, fantasy, and African spirituality. Excerpt: Tell us about your educational and professional background. My…
” These SUPs and styrofoam products often clog drainage channels and canals in Lagos.” The Lagos Government has ordered two agencies to clamp down on all the single -use plastics production companies and distribution outlets for Styrofoam in the state, to prevent further distributions. Tokunbo Wahab, the State’s Commissioner for Environment and Water Resources, disclosed…
▪︎Samsung Electronics Head Office in Seoul, South Korea The Biden-Harris Administration is providing a $6.4 billion grant to Samsung Electronics (Samsung) to build new semiconductor fabrication plants in Texas. The U.S. Department of Commerce, disclosed this today , on its website. “I signed the CHIPS and Science Act to restore U.S. leadership in semiconductor manufacturing…
L-R: Wale Edun, Aliko Dangote; Adaora Umeoji; Bertrand Dumont, and Jim Ovia. Zenith Bank Plc has opened Zenith Bank, Paris, a Third-Country Branch (TCB) of Zenith Bank (UK) Limited, a subsidiary of Zenith Bank Plc. In her welcome address, the Group Managing Director/Chief Executive of Zenith Bank, Dame (Dr.) Adaora Umeoji, said that Zenith Bank,…
▪︎ NSDC CEO, Kamar Barkin, and Committee Committee Chairman, Hon Dolapo Enitan Badru The House of Representatives Committee on Industry has agreed to amend the National Sugar Development Council (NSDC) Act which is hindering investment in the sugar industry. The Executive Secretary/CEO of NSDC Mr Kamar Bakrin, said that the ammendments will accelerated sugar project…
Wale Edun has not proposed an N105,000 minimum wage to President BolaTinubu
Nigeria outperformed several major ports in the global improvement rankings, including France’s Marseille Port, which ranked 11th with a 39-point improvement; Türkiye’s Iskenderun Port, which placed 13th with a 34-point increase; and India’s Jawaharlal Nehru Port, which ranked 14th with a 32-point gain. Peru’s Paita Port occupied 15th position with 32 points, while China’s Keelung and Fuzhou ports shared 16th and 17th positions respectively, recording 27 points each.
Emzor Pharmaceuticals Industrial Limited, says that the trend of manufacturing only 30 percent and importing 70 percent of drugs by pharmaceutical companies in the country , will soon end. Funke Asiru, the company’s Director of Strategy, anticipated this development in the industry, following the federal government’s recent executive order which introduced zero tariffs, excise duties and value-added…
