Kebbi NIA-AGRI rice mills collapse: one dead, five traps
Kebbi State Deputy Governor, Umar Tafida has visited the site, where rescue efforts are still ongoing to save the five trapped victims.
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TIME Africa Honours Lagos Governor Sanwo-Olu for New Industrial Projects
In a citation presented during the award, TIME Africa highlights new industrial facilities and logistics hubs launched across Ikorodu, Badagry, Lekki and Epe.
Cement Industry Update: Nigeria’s National Output Reaching 85 Million Metric Tons Annually
The cement sector in Nigeria is on a trajectory to achieve a national output of 85 million metric tons per year. This growth is largely attributed to the emergence of new market entrants and the ongoing expansion initiatives, particularly the addition of 6 million metric tons per year from Dangote Cement’s current plant project located…
MAN Faults World Bank’s Call To reinstate petroleum imports licenses
Image: Dangote Petroleum Refinery, Lagos . The Manufacturers Association of Nigeria (MAN) urged the Federal Government and the petroleum industry regulators to disregard the recent prescription by the World Bank that Nigeria should open its borders to imported Premium Motor Spirit (PMS) to solve inflationary crisis. In a position document on Friday April 17, titled…
MBO Capital Boosts Nollywood Films by N9bn, says ED
•Adekunle Adebiyi MBO Capital Management Limited declared that it has channelled more than N9 billion into Nigerian film productions since 2017. The Executive Director (Investments), MBO Capital Management, Adekunle Adebiyi, disclosed this during the second edition of the Film Financing Conference hosted by the company in Lagos. He told financiers, filmmakers and industry executives at…
Customs FOU C seizes N403.5m smuggled foreign vegetable oil in Southeast
He listed the seized items to include 3,310 jerrycans of 25-litre “Super Delicious” vegetable oil, 10 jerrycans of 10-litre “Super Delicious” vegetable oil, 20 cartons of 5-litre sunflower vegetable oil and 20 cartons of 3-litre sunflower vegetable oil.
Trump Tasks Global Business Leaders: Manufacture in the United States or Pay Tariffs
“Come make your product in America and we will give you among the lowest taxes of any nation on earth,” said US President Donald Trump. President Trump spoke on Thursday, remotely to the World Economic Forum in Davos, Switzerland. He said : “But if you don’t make your product in America, which is your prerogative, then…
Despite Manufacturers Objection, Lagos Declares full ban on Styrofoam Packs, Plastic Straws, cups and spoons
Image: Inside a plastic recycling factory member of the Manufacturers Association of Nigeria (MAN). The Lagos State Government has announced the commencement of full enforcement of the ban on the use and distribution of Single-Use Plastics (SUPs) across the state, effective July 1, 2025. The announcement was made on Tuesday by the Commissioner for the…
Otedola stakes $100m on Dangote Refinery
That’s one of the reasons I sold my stake in Geregu plant to come and invest my proceeds in the IPO of Dangote refinery,” said Otedola
RMRDC To Site Aromatic Plants clusters in Oyo State
Among the aromatic plants identified for development were lemongrass, basil, mint, citronella, clove and cinnamon, all of which have significant commercial value and wide-ranging applications in the food, pharmaceutical, cosmetics, perfumery and herbal medicine industries.