Apapa Port Command Seizes 12 Containers of Expire Drugs, Others
(Industrial Times, Nigeria) Today, the Comptroller-General of the Nigerian Customs Service, commended Babatunde Olomu, the Customs Area Controller for Apapa Command, and the officers working with him for the seizures…
Nigeria, Equatorial Guinea Signs Deal for Gas Pipelines
(Industrial Times, Nigeria) President Bola Tinubu’s discussions with the President Teodoro Mbasogo of Equatorial Guinean, resulted in a signed agreement on a gas pipeline for the Gulf of Guinea. This…
Top Five Banks Lending Rates To Manufacturers
(Industrial Times, Nigeria) Today, the Manufacturers Association of Nigeria (MAN) says that banks lending rates to the manufacturing industry are too high to promote productivity in the sector. Data obtained…
LCCI Announces Venue for ‘Invest Nigeria’ Expo 2024
LCCI said that the expo will be used to introduce 15 Unicorn Companies to the Nigerian Economy, Sign landmark investment agreements
Junaid Waziri To Establish $1.5bn Cement Factory in Bauchi
Dr Abbas Junaid Waziri, the managing director of Resident Cement Company, has expressed interest to establish a cement factory in the Gwana district of Alkaleri Local Government Area of Bauchi…
Afreximbank projects $40bn intra-African trade in 2026
▪︎Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion…
Manufacturers urge to move Cargoes through Railway
▪︎APM Rail Terminals Kano The Nigerian Shippers Council (NSC) and the Nigerian Railway Corporation (NRC) say that manufacturing companies, importers and exporters should take advantage of rail services for the…
Manufacturing sector worst hit in unpaid $2.4bn FX backlogs by CBN -MAN
Worse still, the commercial banks have continued to charge dollar account along with other Naira bank charges such as 35% interest rate on the facilities that these companies have with…
Lesotho King Letsie II urges FAO to end hunger
His Majesty King Letsie III of the Kingdom of Lesotho, has urged the Food and Agricultural Organisation (FAO) to intensify efforts to eradicate poverty and end hunger in Lesotho and…
NACCIMA, CBN differ on payment of outstanding FX to Companies
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), is calling on the Central Bank of Nigeria (CBN) to act quickly to pay the outstanding balance of…