Afreximbank Availing Starlink Global US$20.8m for cashew factory

▪︎Alhaji (Dr ) Adeniji Murthada Adeyemi,  MD/CEO , Starlink Global & Ideal Limited, African Export-Import Bank (Afreximbank) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos. According to the facility agreement signed on…

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HURIWA Demands Immediate overhaul of NAFDAC and SON Leadership

Photo: HURIWA National Coordinator, Emmanuel Onwubiko. The Human Rights Writers Association of Nigeria (HURIWA) is demanding for the immediate and sweeping action by the Federal Government, including a comprehensive overhaul of NAFDAC and SON. HURIWA alleged that the NAFDAC and SON have failed in their statutory responsibilities, allowing Nigeria’s markets to degenerate into a free-for-all…

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Africa Produces 1.9MT Crude Steel in August 2024

(Industrial Times) The World Steel Association (Worldsteel) says that Africa produced 1.9 million metric tons of crude steel in August 2024, out of the global 144.8 million metric tons. In Africa, Algeria, Egypt, Libya, Morocco, South Africa and Tunisia are the top steel-producing countries. The Association in its latest Crude steel production chart  by region, also…

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RMRDC: Insecurity seriously Affecting Establishment of Factories For Raw Materials Processing 

▪︎ Dr. Abubakar Aliyu, a former Permanent Secretary of the Ministry of Innovation, Science and Technology. By: Franklin Ocheneyi THE insecurity situations across the country is seriously frustrating the  Raw Materials Research and Development Council (RMRDC)’s efforts to establishing  factories for processing raw materials at the appropriate locations. Dr. Abubakar Aliyu, a former Permanent Secretary…

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Tinubu : Dangote Is The Wisest Mind in Nigeria’s Economic Landscape

PHOTO (L-R): Femi Otedola; Bill Gates: President Bola Tinubu, and Aliko Dangote, during the tour of the Dangote Petroleum Refinery and Petrochemicals complex. “I landed here with four wise men. I will say wise men,” Tinubu said. “Jim Ovia of reputable Zenith Bank, who has been acknowledged worldwide. Femi Otedola, my baby brother. Samad Rabiu…

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NMDPRA Should Rectify Negative Comments on Dangote Refinery – MAN

The Manufacturers Association of Nigeria (MAN) has enjoined the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to issue a clarification that absolves the Dangote Refinery of the negative perceptions the  comments by its CEO – Engr Ahmed Farouk, have planted in the mind of Nigerians and the global community. ” The allegations of poor…

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