British International Investment Channels $75m to MSME Lenders
The green lending programme will increase financing to small-scale green projects across Africa, South and South-East Asia through MSME lenders,
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FG exempts SMEs, manufacturers, from paying withholding tax – Oyedele
Withholding Tax is a method of collecting Income Tax in advance, deducted at rates ranging from 5 percent to 10 percent based on the transaction. Returns are due by the 21st of the following month.
Year in Review: Nigeria’s Manufacturing Records Slight Growth in 2025 – MAN, Stanbic IBTC Report
The breakdown of the manufacturing sector showed better performance across the food & beverage, cement, and plastic & rubber products sub-sectors.
Presidency Denies offering N105,000 Minimum Wage
Wale Edun has not proposed an N105,000 minimum wage to President BolaTinubu
World Stainless Steel Unveils Winners of 2026 Industry Innovators Awards
The awards category ranges from Market Development, Technology, Safety, and Sustainability.
Afreximbank Availing Starlink Global US$20.8m for cashew factory
▪︎Alhaji (Dr ) Adeniji Murthada Adeyemi, MD/CEO , Starlink Global & Ideal Limited, African Export-Import Bank (Afreximbank) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos. According to the facility agreement signed on…
The Future of African Manufacturing: Making Things in a Changing World
By Segun Ajayi-Kadir As the world continues to shift, subsequently affecting all aspects of industry as we know it, Africa’s manufacturing sector has proven resilient.The world is changing at an unprecedented rate in terms of innovative technologies, shifting customer expectations, as well as increasing social awareness of gender equality and restoration of previously marginalized communities….
MARAN Alerts Regulators As Port Users, Workers Getting Sick from Industrial Pollution
• Image : Industrial pollution/ harboursandport.com The Maritime Reporters’ Association of Nigeria (MARAN) has voiced concerns about deteriorating environmental and health conditions around major industrial zones in the Apapa and Tin Can Island axis. Haboursandport.com reports that the tenants operating in the industrial corridors include in Flour Mills Nigeria Plc, the Dangote Group, Olam Agric,…
“Why I Don’t Take Food and Beverages in Aba “
Some time ago, a friend of mine living in Lagos State told me that whenever he is on business travels to Aba, Abia State, he doesn’t drink water or tea neither in the hotel he lodges nor buys from the shops outside. Curiously, I asked him why.? “They are fake products,” he replied. He added,…
Lafarge former CEO Bruno Lafont, Other Executives Jailed over Terrorism Financing
A court in Paris , yesterday, found Lafarge, now part of Holcim, guilty of charges that its Syrian subsidiary financed terrorism and breached EU sanctions to keep a cement plant operating in northern Syria during the country’s civil war. Global Cement.com reported that the case was the first time a company has been tried for…