▪︎Nonye Ayeni, NEPC’s ED/CE The Nigerian Export Promotion Council (NEPC) has affirmed that its “Operation Double Your Exports” initiative, positively influenced the sector’s performance as it recorded $2.7 billionnon-oil exports in the first half of 2024. This represented a 6.26 per cent increase from the $2.5 billion recorded during the same period in 2023. This…
▪︎Thomas Etuh Thomas Etuh’s Tak Agro and Theophilus Danjuma’s TY Holdings, have acquired Notore Chemical Industries Plc in Onne, Rivers State, for $150 million. “We put $150 million into an escrow account. Being a publicly quoted company, we were made to go through a bid process and won the bid,” Etuh told BusinessDay.“I am excited…
The MDA’s overall performance score is based on Efficiency and Transparency measures, with a 70% to 30% ratio, respectively
▪︎UGC image of Rotimi Akinde, and Ifeoma Uz’Okpala President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as executive directors of the Bank of Industry (BOI). In a statement on Wednesday by Theodora Amechi, head of public relations division at BOI, the appointment took effect on August 26. BOI said Akinde will serve as…
The Iron Rod and Steel Distributors Employers of Nigeria (IRSDEUN) is demanding the outcome of the reports on suspected iron rod producers from the Standard Organization of Nigeria and Tax laws from the Federal Inland Revenue Service, as mandated by the House of Representatives Committee on Steel Development. Industrial Times, learned that in a letter…
” I invite all interested investors and partners to join us in leveraging these opportunities to build a prosperous future for Lagos and Nigeria.” Babajide Sanwo-Olu, the Governor of Lagos State, said today, during the Lagos Chamber of Commerce and Industry International Business Conference, Expo 2024, tagged ‘Invest Nigeria.’ Sanwo-Olu told investors at the Conference…
• 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…
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…
▪︎L-R: Segun Ajayi-Kadir, DG MAN; Francis Meshioye, MAN President; the Managing Director, GB Foods Limited, Vincent Egbe, and the Permanent Secretary, Ministry of Commerce, Cooperatives, Trade & Investment (MCCTI), Dr. Olugbemi Aina. The Lagos State Governor, Babajide Sanwo-Olu has tasked manufacturers to embrace new technology and innovation as tools that can significantly enhance productivity, optimise…
Acting Chief Justice of Nigeria, Kudirat Kekere-Ekun, and President Bola Tinubu.
