The management of Metal Manufacturing Nigeria Limited (MMNL) says that a credit facility it secured from the Nigerian Export-Import Bank (NEXIM) has increased the company’s production capacity to 25,000 batteries monthly. The Managing Director of the company, Mr Kumar Saraf, and the Chief Finance Officer, Mr Bikash Kumar, disclosed this on Wednesday when they paid…
A worrisome case in point is the ongoing forex forward-related dispute involving KAM Industries Nigeria Limited, a leading manufacturer in the steel sector in West Africa a member of the Association, and one of the commercial banks in Nigeria.
The Board, Management, and staff of Access Holdings Plc have warmly welcomed Mr. Uche Orji to its Board as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc. ” I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5…
Mr. Manish Mundra is the Managing Director of Indorama Eleme Petrochemicals Limited (IEPL). Under his watch, the company has become a major player in Nigeria’s economy. It provides raw materials for over 300 plastics manufacturers, generating employment for a teeming population and improving the lives of host communities The firm provides world-class products at competitive…
The Trans-Amadi Industrial Layout hosted several thriving commercial and industrial concerns that created income, jobs and prosperity for our state and our people.
The ban is expected to affect exporters and timber traders, particularly in forest-producing states, though the government has yet to outline enforcement mechanisms, penalties, or whether exemptions will apply to processed wood products.
UAC of Nigeria PLC has announced its agreement to acquire Chivita|Hollandia (CHI Limited) from The Coca-Cola Company, subject to regulatory approval.Chivita|Hollandia is a key player in Nigeria’s food and beverage industry, known for its diverse portfolio, including dairy products, juices, and snacks, under the renowned Hollandia and Chivita brands. Fola Aiyesimoju, Group Managing Director of…
Dele Kelvin Oye, the National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has called on the Central Bank of Nigeria (CBN), to stabilise the Naira by pegging and defending it, rather than leaving it to market forces. Oye said that pegging and defending the nation’s currency is a…
How many pieces of wood make a boat?
It depends on the size of the boat. For a big boat with 8-10 passenger capacity, we use about twelve pieces of wood. The small boat takes between 6-7 pieces of wood.
Nigeria holds the second-largest IFC portfolio in Africa with an active investment portfolio of $2.1 billion as of April 2024
