Year in Review: Nigeria’s Manufacturing Records Slight Growth in 2025 – MAN, Stanbic IBTC Report
The breakdown of the manufacturing sector showed better performance across the food & beverage, cement, and plastic & rubber products sub-sectors.
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Minister, Stakeholders Commend PZ Cussons Laboratories Equipment For Michael Okpara University
She acknowledged PZ Cussons as the only industry to partner with NOTAP in the project’ since its inception in 2014.
GenCos and DisCos Not Competent to Operate and Deliver Power – MAN
The Manufacturers Association of Nigeria (MAN) has observed that more than ten years after, the privatization of the electricity industry has not yielded the desired results for the economy. ” The advice would be that the government should conduct a review of the performance of the DisCos after the last unwarranted increase; conduct a study…
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.
Governor Eno Revives Ibom Paint Manufacturing Company
Governor Umo Eno of Akwa Ibom State has revamped Ibom Paint, located in Etinan Local Government Area, formerly known as Peacock Paints. Governor Eno directed all those handling state government projects to patronize Ibom Paint, assuring that his administration will continue partnering with Akwa Ibom Investment Corporation (AKICORP), to ensure all state-owned enterprises function optimally….
Nigeria Assures Trading with U.S. Despite Tariff Threats to Export Goods
Dr Jumoke Oduwole, the Honourable Minister of Industry, Trade and Investment , says that the Federal Government of Nigeria will continue trading with America not minding the recent tariff measures announced by the Government of the United States of America which imposed a 14 percent tariff on Nigerian exports. In a Position Statement on U.S….
Dubai Chambers Opens Nigerian Office To Strengthen Both Markets And West Africa
Dubai Chambers of Commerce has opened trade and investment office in Lagos, to enhance cross-border partnership between both economies. The Lagos office is Dubai Chambers’ seventh in Africa and 28th worldwide. Mohammad Lootah, the President and CEO of Dubai Chambers, disclosed this today, at an event- ‘Doing Business with Nigeria,’ organised by the Lagos Chamber…
FDI: President Tinubu’s Visit To India Fetches $14bn New Investments Promise From Indorama, 3 Others
FOUR existing and new Indian companies have pledged to invest about 14 billion US dollars in Nigeria The investments will go into fertilizer, steel, power, and telecoms. The companies promising these investments are : Indorama Petrochemical Limited; Jindal Steel and Power Limited; SkipperSeil Limited , and Bharti Enterprises. Here’s the breakdown of the investments promised…
Development Bank of Nigeria (DBN) 2024 AGM
Development Bank of Nigeria (DBN) 2024 AGM, in Abuja: L-r Mr. Kyari Abba Bukar, DBN INED., Dr. Armstrong Takang (PhD), Managing Director/CEO, MOFI., DBN MD/CEO Dr. Tony Okpanachi. Image Credit: Facebook industrialtimesngr.com
Obadagbonyi becomes WACT-APM Terminals first Nigerian Managing Director
Chief Executive Officer, APM Terminals Nigeria, Frederik Klinke, noted that the appointment reflects the company’s commitment to leadership development and long-term growth.