Chioma Egodi, who was accused to have projected Erisco Foods Limited’s Nagiko Tomato Mix, in a bad light on a social media platform, has apologised to the company, said Human rights lawyer, Inibehe Effiong. Industrial Times learned that Egodi made a comment about the product that annoyed the manufacturer . Consequently, she was arrested by the…
Nigeria’s Presidential hopeful under the African Democratic Party (ADC) Peter Obi, has said Nigeria’s recurring vulnerability to global economic shocks, particularly in the energy sector, is a direct consequence of poor planning and the absence of strategic buffers. Obi made the observation in a post on Friday while reacting to the recent increase in fuel…
The CBN, at its 307th Monetary Policy Committee (MPC) meeting on September 21–22, 2026, reset the MPR from 26.5 per cent to 23 per cent — a 350-basis-point reduction.
The Flour Mills Group intends to streamline its 22 business units into five separate entities. Checks by Industrial Times ,shows that among the subsidiaries are Apapa Bulk Terminal, Northern Nigeria Flour Mills, Agri Palm, Agriculture Allied Syrup; BAGCO, Eagle Flour; Golden Fertilizer, Golden Agri Inputs , HoneyWell, Agro Allied Farms Sunti, etc. The company’s Chairman,…
▪︎Waste recycling center in Abuja/ Afrik 21 (Industrial Times) The International Labour Organization (ILO) says that the waste and recycling industry employs 6.9 million, representing 0.2 per cent of total global employment. The waste management and recycling industry includes businesses and organizations that collect, process, and recycle materials such as glass, plastic, paper, metal, and…
President Tinubu disclosed that Nigeria would spend about $11.6 billion on debt servicing in 2026, representing nearly half of projected government’s revenue.
The Executive Director, Sales, Elizade JAC Autoland Limited, Mr. Biola Odukomaiya, disclosed that the company’s 2026 strategy was to make newly made in Nigeria vehicles more accessible through lower-priced products, bundled with maintenance and service packages.
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has noted that while the most vulnerable people are paying multiple taxes, the middle, upper class and the politicians are evading tax. The Nation, reported that Oyedele said this on Thursday, during the Integrated National Financing Framework (INFF) Core Working Group Retreat…
On July 29, 2025, UAC Nigeria announced that it had reached an agreement to acquire CHI Limited, the manufacturer of popular beverage and dairy brands such as Hollandia and Chivita, from The Coca-Cola Company.
The Global Energy and United Nations Industrial Development Organisation (UNIDO) Industrial Energy Efficiency and Cleaner Production project has the Energy Commission of Nigeria and Manufacturers Association of Nigeria as executing partners with Bank of Industries, Federal Ministries of Power, Science and Technology, Standard Organisation of Nigeria, four Selected Universities and Nigeria Investment Promotion Council as key stakeholders.
