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.
” Before, we spent hours picking out stones and foreign materials by hand,” Amadu shares. “It was tiring and time-consuming. Now, machines do that for us.”
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,405 Sell ₦1,415 GREAT BRITISH POUND (GBP) Buy ₦1,890Sell: ₦1,910 EURO (EUR) Buy ₦1,580 Sell ₦1,600 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS) Buy ₦95…
The Africa Export-Import Bank (Afreximbank) has disbursed $50 billion for the execution of various projects in Nigeria in the last 19 years. The President of the bank, Prof. Benedict Oramah, disclosed this during the recently commissioned Afreximbank Africa Trade Centre, AATC, in Abuja, where he also reaffirmed the Bank’s vision to dismantle trade barriers and…
The SON, he stressed, would not relent in its mandate of ensuring that only quality products are allowed in the markets.
The circular formally recognises certifications from the Chartered Institute of Personnel Management of Nigeria, alongside selected internationally recognised human resource bodies, effectively reinforcing CIPM’s central role in regulating HR practice in the country.
The Manufacturers Association of Nigeria (MAN) calls on the National Assembly to hasten the passage and implementation of six Bills that are critical for manufacturing sector’s well-being. The legislative proposals include: 1. The Raw Materials Processing and Local Production Protection Bill: This bill seeks to establish a threshold of 30 percent value addition on raw material…
Brazil joined the IEA Family as an Association country in 2017.
▪︎ Keynote Speaker, Segun Ajayi-Kadir, Director-General of MAN The Commerce and Industry Correspondents Association of Nigeria (CICAN) has chosen “Manufacturing Sector’s $1 trillion GDP target by 2030: Realities & Possibilities,” as its 2024 conference theme. The event will hold at the Radisson Blu Hotel in Lagos on November 21. A statement from the CICAN Secretariat…
▪︎Nonye Ayeni, NEPC’s ED/CE The Nigerian Export Promotion Council (NEPC) has affirmed that its “Operation Double Your Exports” initiative, positively influenced the sector’s performance as it recorded $2.7 billionnon-oil exports in the first half of 2024. This represented a 6.26 per cent increase from the $2.5 billion recorded during the same period in 2023. This…
