BoI, Katsina Earmarks N5bn For Economic Projects
The N5 billion is made up of an N1 billion managed fund and a N4 billion matching fund, where BOI and the Katsina State Government are contributing N2 billion each.
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China-Africa-UNIDO Centre of Excellence Opens in Addis-Ababa
▪︎Melaku Alebel, Luo Zhaohui, Chairman of the China International Development Cooperation Agency (CIDCA) and DG Gerd Müller. ▪︎ ETHIOPIA The Ethiopian Minister of Industry, Melaku Alebel, has officially inaugurated the China-Africa-UNIDO Centre of Excellence located in Addis – Ababa. UNIDO reports that the centre is a pioneering tripartite initiative, to promote sustainable industrialization, agricultural modernization,…
Coleman Industries target 50% African fibre optic market
This factory is not just for Nigeria but for the African market—West, East, Central, and Southern Africa.
FG to Launch Industrial Revolution Working Group of Tinubu’s Administration
▪︎The Minister of Industry Trade and Investment, Senator John Owan Enoh and Engineer Kola Balogun, Chairman EPAIL during the tour. The Honourable Minister of State for Industry, Federal Ministry of Industry, Trade and Investment, Senator John Owan Enoh, has announced the upcoming inauguration of the Industrial Revolution Work Group (IRWG), comprising representatives of different sectors,…
WTO/ FIFA Cotton Four Countries Project Enters $12bn Mobilisation Stage
▪︎ WTO DG, Ngozi Okonjo-Iweala UNIDO, WTO, ITC, Africa Finance Corporation (AFC) and International Islamic Trade Finance Corporation (ITFC), have begun mobilizing $12 billion to support the development of a sustainable cotton industry in the Cotton Four countries (Benin, Burkina Faso, Chad, Mali – or “C4”) and Côte d’Ivoire. The project, tagged ‘Partnership for Cotton…
Aluminium prices jump after Gulf attacks
Aluminium prices climbed around six per cent in early trading on Monday after Iran attacked two major plants in the Gulf that produce the widely used metal, raising concerns over supply disruptions, according to AFP. Gains later reduced, though prices were still up 4.2 per cent at $3,435 per tonne on the London Metal Exchange….
Nigerian Schools to teach 26 trade skills for industries manpower
The Minister of Education, Tunji Alausa, stressed that the reform aims to produce a workforce that is both technically skilled and industry-ready.
Zedcrest Backs Lagos Govt and MacTay ICT Graduate Trainees Program
•The Head of Brands and Communications, Zedcrest Group, Oyinkansola Adeboye. Zedcrest Group has declared its support for the Lagos State Government and MacTay, ICT skill acquisition program for graduate trainees which comes with employment opportunities. The Head of Brands and Communications, Zedcrest Group, Oyinkansola Adeboye made this disclosure during the graduation ceremony for the 2024…
MAN Hails RMRDC Local Sourcing Bill at National Assembly
▪︎ The Manufacturers Association of Nigeria (MAN) has applauded the Raw Materials Research and Development Council (RMRDC) for its sponsorship of a bill at the National Assembly to shut Nigeria’s borders against the importation of industrial raw materials that can be locally sourced. ” It is a first of its kind, as it holds enormous…
