Dangote Sinotruck $100mn CKD Assembly Plant in Lagos
The plant has the capacity to assemble and produce 10,000 trucks annually. It is a joint venture, controlled by Dangote with a leading share of 65% and Sinotruck of China with 35%.
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Olayinka Mubarak heads BOI-ITC as MD
As MD, Olayinka will provide strategic leadership for BOI-ITC, overseeing its core business areas of trusteeship, custodial services, financial planning, and advisory services, with a focus on strong governance, operational excellence and sustainable value creation.
NITDA Applauds Onboarding of Dr Bosun Tijani As ITU Vice Chairman
The National Information Technology Development Agency (NITDA) has applauded the election of Dr Bosun Tijani as Vice Chairman of the International Telecommunications Union (ITU) Council 2025.. Bosun Tijani is Nigeria’s Minister of Communications , Innovation & Digital Economy. In a statement, the NITDA describes Dr Tijani ‘s election to the ITU board as historic because…
Consumers Threatening to Shun Erisco Foods Products Over Chioma Okoli’s Matter
Many a consumer in Nigeria are angry, threatening and mobilising others to boycott Erisco Foods products. This is in connection with the latest alleged Police attack on Chioma Okoli over Erisco Tomato Review. Human Rights Lawyer- Inibehe Effiong, ESQ (Lead Counsel to Chioma) gave the update via his social media platform, headlined ‘ IGP OVERRULES…
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…
Functioning steel industry key to Nigeria’s maritime development — SEREC
in a report titled, “Nigeria at 65: The Maritime Scorecard We Cannot Ignore”, Head of Research at SEREC, Eugene Nweke, said without a functioning steel industry, Nigeria’s shipyards will remain import-dependent, uncompetitive, and unable to support large-scale ship repair or new building.
President Tinubu Working Out Tariff Slash for Media Industry
President Bola Ahmed Tinubu has assured the media industry owners of tariffs slash on imported newsprint, plates, chemicals, including radio and television broadcast equipment, which currently attract tariffs of 5 to 10 percent. The tariffs slash is aimed at cushioning the harsh economic headwinds affecting local media across all platforms. President Tinubu gave this assurance…
RMRDC Introduces Quarterly Statistical Bulletin Series to Enhance Industrial Growth
The Raw Materials Research and Development Council (RMRDC) has officially launched its Quarterly Statistical Bulletin Series, a strategic initiative designed to transform Nigeria’s industrial landscape. This publication aims to serve as a foundational resource for data-driven policy formulation and a critical instrument for industrial advancement in Nigeria. During the launch event held in Abuja over…
KPMG Tasks FG on Nigeria’s Membership of Int’l Mining Bodies
KPMG stated that membership and affiliations with such globally renowned mining organisations would confer several benefits to Nigeria and mining stakeholders…
RMRDC’s New DG Sets Goals for Self and Staff
Prof. Ike-Muonso reminded participants drawn from Directorate cadre and Heads of Divisions that RMRDC occupies a critical position in Nigeria’s economic and industrial development aspirations.