The official manufacturer and marketer of the Peugeot brand of vehicles in Nigeria, Dangote Peugeot Automobiles Nigeria Limited (DPAN), has taken another bold step towards regaining its leadership position in the auto market. This time, DPAN has commenced the assembly of the GT model of the wave-making Peugeot 3008, which has hit commercial success and…
• President of China, Xi Jinping A report by China Briefing, a regional Asian publication has revealed that China is home to over 2,000 industry clusters. The report said that China contributed about 30 per cent of the global manufacturing value in 2023, making it the world’s manufacturing powerhouse. The report said that the manufacturing industry…
Photo : From left is Segun Ajayi-Kadir, MAN Director-General; French Ambassador to Nigeria, Marc Fonbaustier, MAN President, Francis Meshioye, and the Head of the French Treasury in Nigeria, Florent Mangin, during the courtesy visit. The French Ambassador to Nigeria, Marc Fonbaustier, and the Head of the French Treasury in Nigeria, Florent Mangin, paid a courtesy…
The groundbreaking ceremony was recently performed by the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, with targets to commission the completed plant by April 2026.
▪︎Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite The Commerce and Industry Correspondents Association of Nigeria (CICAN) has enjoined the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, to let her impacts be felt on the sector. In a statement from the Association’s Secretariat in Lagos, and signed by its President, Charles Okonji,…
By Franklin Ocheneyi GREEN manufacturing is gradually taking shapes in Nigeria as newly built industries are being powered by natural gas and through solar energy. Checks by Industrialtimesngr, shows that some ongoing industrial parks in Lagos, Ogun, Oyo , Aba and Rivers are running on renewable energies rather than the conventional fossil fuels like petroleum…
The meeting concluded on a positive note, with parties agreeing to continue engaging and working together to find solutions to the challenges facing Nigeria’s private sector.
The association noted that in the West African sub-region, comparable economies such as Ghana, Côte d’Ivoire, and Senegal have maintained targeted inspection or collection fees within the 0.5% to 1% FOB range, imposing higher levies only on luxury or non-essential imports.
▪︎Dr Muda Yusuf, CEO of CPPE The Centre for the Promotion of Private Enterprises (CPPE) says that the core mandate of the Federal Competition and Consumer Protection Commission (FCCPC) is not to fight inflation. Dr Muda Yusuf, the CEO of CPPE, made the assertion while reacting to the threat by the FCCPC to traverse markets…
However, the chairperson of NLC in Lagos State, Comrade Funmi Sessi, insisted that the presence of the young men constituted a security threat in the state, adding that bringing them also violated labour laws.
