Aliko Dangote, President of the Dangote Group, has emphasized the importance of the Federal Government’s support for domestic industries to mitigate unfair competition and reduce reliance on imports. He referenced successful strategies employed by countries such as the Benin Republic, the United States, and China as benchmarks for safeguarding local industries. During a recent visit…
Africa ‘s richest industrialist- Aliko Dangote, is constructing another sugar refinery in Ghana. In a statement, the Dangote Group said that the investment will reduce Ghana’s $162 million annual sugar import bill and boost local industrial growth. The expansion is also part of Dangote’s broader goal to expand integrated agriculture across Africa. The factory is…
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…
Global trade expanded by an estimated $300 billion in the first half of 2025, growing at an estimated 1.5% in the first quarter and projections showing 2% growth in the second. UN Trade and Development (UNCTAD) disclosed this in its just released Global Trade Update (July 2025). Said the report: Price increases contributed to the…
On Tuesday, the Nigeria Customs Service (NCS) announced a temporary suspension of the implementation of the four percent levy on the Free On-Board (FOB) value of imports. Abdullahi Maiwada, the spokesman for the service, communicated this development in a statement issued from Abuja. The suspension aims to facilitate comprehensive stakeholder engagement and consultations regarding the…
MTN Nigeria Communications Plc is feeding over 2, 444 employees monthly and year -on- year. Ohibaba.com reports that based on the company’s Employee Profile, of the 2, 444 staff, 1682 are permanent employees in addition to 762 third-party staff. Karl Olutokun Toriola, Chief Executive Officer MTN Nigeria, said: “This brings our staff strength to 2,444.By gender,…
Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria (PMG- MAN) are scrambling to fill the gaps created by the recent exit of multinational pharmaceutical companies from Nigeria. Consequently, they are requesting the National Agency for Food and Drug Administration and Control (NAFDAC) to hasten the approval process for their products to enable them to replace…
[File photo] A Nigerian tailor at work; image credit: Bella Naija Dr Afiz Ogun, Director-General of the ITF, says 200,000 Nigerian tailors are expected to benefit from the 2026 edition of the Industrial Training Fund’s (ITF) Skill Up Artisans (SUPA) Programme. Dr Ogun said that the N3.6 billion intervention funding, launched in 2024, aims to…
The United Kingdom (UK) has appointed Mark Smithson as the country director for the UK’s department for business and Trade (DBT) in Nigeria. In a statement on Thursday from the UK foreign, commonwealth and development office, Smithson takes over from Chim Chalemera who recently concluded a 3-year posting in that role. The office said: “Mark…
The newly elected President urges the Exco to be committed and dedicated to the growth and prosperity of the breadmaking industry in Nigeria.
