Edun: Nigeria is shifting from an import-dependent economy
Felix Enwemadu, General Manager of PepsiCo Foods Nigeria, said the factory and the rollout of Cheetos in Nigeria reflect the company’s long-term commitment to the country.
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Customs B’Odogwu: Manufacturers bemoan imported raw materials stuck at ports
Ajayi-Kadir made the disclosure during the 58th yearly general meeting of the Ikeja Branch of the association, yesterday, blaming the development on ‘glitch’ within the customs service.
Why Dangote Group is Participating in IATF2025 – Chiejina
The biennial IATF, hosted by the People’s Democratic Republic of Algeria and organised by Afreximbank in partnership with the African Union Commission and African Continental Free Trade Area (AfCFTA) Secretariat, aims to increase intra-African trade and showcase the investment opportunities across Africa.
It’s sad seeing many empty auto plants in Nigeria – Backhaus-Jerling, AAAM CEO
Political will is essential. Without legislation and effective implementation of a progressive automotive policy, the country risks an unchecked influx of grey imports and reduced investor confidence in the sector.
UBA Lending Business Owners N5bn BoI MSME fund at 9% Interest Rate
I urge eligible businesses to visit any UBA branch or the bank’s official website to begin their application process right away.
Manufacturers Laud Zedvance Finance for Sustained Support of SMEs and Growth Initiatives
At Zedvance, we take a value-chain, ecosystem-based approach to solving problems. We offer financing for input vendors that serve manufacturers through invoice discounting, purchase order financing, and logistics asset financing.
Putin bans foreign-made clothing for Russian army from 2026
Xinhua news agency reported that in the decree which will commence from Jan. 1, 2026, all uniforms and other clothing items for the Russian Armed Forces must be produced by Russian companies whose manufacturing facilities are located within the country.
Four New Operators Enter Nigeria’s Sugar Industry – Bakrin
The four operators which will each develop 100,000-tonne facilities across Nigeria’s agricultural belt are: Brent Foods in Oyo State, Niger Foods in Niger State, Legacy Sugar in Adamawa State, and UMZA in Bauchi State.
Tax Incentives Coming for Manufacturers Using Local Raw Materials – Nnaji
•Chief Uche Nnaji, the Minister of Innovation, Science and Technology The Federal Government is considering the introduction of tax incentives for Nigerian manufacturers who utilise locally sourced materials. Chief Uche Nnaji, the Minister of Innovation, Science and Technology, made this announcement during the 2025 edition of the Nigeria Manufacturing & Equipment and Nigerian Raw Materials…
Global push to end plastics pollution by 2040 nears finish line
The latest Global Trade Update shows that plastic production reached 436 million metric tons worldwide in 2023, with the traded value surpassing $1.1 trillion and accounting for 5% of total merchandise trade.