Global Garment industries, Sports to absorb 25% African Cotton
To achieve this, the development partners estimated that a total investment of around 5 billion USD in industrial and semi-industrial production facilities will be needed
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MAN Thanks Police, Navy for Rescue of Fouani Group’s MD
Benjamin Hundeyin, police spokesperson in the state, said the feat was achieved by the Lagos Marine police with support from the navy.
Coca-Cola Equips over 900,000 Youth Globally with Skills
Coca-Cola HBC says 944,948 young people across its markets in Nigeria and the rest of the globe have benefited from its Youth Empowerment Programme. ” Our aims is to train one million young people by 2025 so that they are equipped with the skills, experience and confidence they need to secure a brighter future,” said…
NACCIMA Rebrands NAWORG to Women Chamber of Commerce and Industry (WCCIMA)
The evolution from NAWORG to WCCIMA signifies a commitment to continuity, building on a legacy of almost 20 years of coordinating women’s activities within the Chamber Movement. The Nigerian Association of Chambers of Commerce, Industry, Mines & Agriculture (NACCIMA) has transformed its Women’s Business Group (NAWORG) into the Women Chamber of Commerce Industry Mines and…
Cold Chain Industry in Nigeria Attracts Attention at Agrofood Exhibition
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, warmly urges foreign cold storage infrastructure companies to come and invest in Nigeria’s cold chain sector and potentially reap the profits. Kyari made the call during the 7th West African Cold Chain Summit and Exhibition (WACCSE 2025) and the 10th Agrofood and Plastprintpack Nigeria exhibition…
Russia Receives Nigeria’s New Ambassador Iji
Ambassador Iji is expected to focus on advancing mutual interests, building on the longstanding diplomatic ties between the two countries, which recently marked 65 years of formal relations.
Diageo sells majority stake in Guinness Ghana to Castel Group for $81 Million
Diageo Plc, a British multinational alcoholic beverage company, with its headquarters in London, England, has announced the sale of its majority stake in Guinness Ghana Breweries to the Castel Group for $81 million. The transaction will see the UK-based beverage giant part with its 80.4% shareholding in the Ghanaian unit while retaining ownership of its…
Manufacturers Request Collaborative Action on Customs FOB Levy and NPA’s Tariffs
The Manufacturers Association of Nigeria (MAN) is reaching out to the Federal Government with a request for immediate engagement with the Nigeria Customs Service to reconsider the implementation of the 4% Free-on-Board Levy and the NPA’s 15% Ports Tariff. Segun Ajayi-Kadir, the Director-General of MAN, emphasized the need for collaboration on Tuesday, expressing the Association’s…
Nigerians Weep as CBEX Swindles ₦1.3trn
Nigerians are in shock, disbelief, and tears after another Ponzi scheme named CBEX crashed early this week. Weeks ago, many who invested in the scheme advertised their newly-found pathway to ‘financial freedom’ on social media with screenshots of account balances from $1,000, $10,000, and $85,000. As of Tuesday morning, their accounts have been blanked, with…
Nigeria Shines at Schneider Electric’s Battery Innovation Challenge
From Nigeria in first place is Joseph Sarwuan Tarka University (Energiv, €2000): Converting plastic waste into carbon nanotubes to enhance lithium-ion batteries;