Nigeria’s Business Performance Index maintained positive momentum for the sixth consecutive month in 2025, reflecting sustained economic resilience and cautious optimism among businesses. Nairametrics reported that in the June 2025 edition of the NESG-Stanbic IBTC Business Performance Index for June which was released in July, the manufacturing sector rose to 113.6 points, an improvement from…
His tenure, which was due to expire in August 2025, will now run until August 2026.
UAC of Nigeria PLC has announced its agreement to acquire Chivita|Hollandia (CHI Limited) from The Coca-Cola Company, subject to regulatory approval.Chivita|Hollandia is a key player in Nigeria’s food and beverage industry, known for its diverse portfolio, including dairy products, juices, and snacks, under the renowned Hollandia and Chivita brands. Fola Aiyesimoju, Group Managing Director of…
“We’re going to be a small craft brewery compared to the big guys, but we believe we can make the best beer and we can keep growing in our own way and do things in our own style. “I will be very happy with 1% of the Nigeria’s $7 billion beer market. Even half of…
•Dr Ayotunde Coker Dr Ayotunde Coker, the Chief Executive Officer of Open Access Data Centres, will give the Keynote Address at the Nigeria Manufacturing Equipment and Raw Materials Expo 2025. Industrial Times follow-up on the August 5-7 event whose theme is, Accelerating Sustainable Manufacturing Through Cutting Edge Equipment, will have Dr. Coker, a globally respected…
•Emmanuel Ikazoboh Becomes Chairman Foremost entrepreneur and founder of Dangote Cement Plc, Aliko Dangote has announced his retirement as a Director and the Chairman of the Board of Directors, effective July 25, 2025.In a statement signed by Anthony Chiejina Group Chief, Branding & Communications Officer, said that Dangote’s relinquishing his position as chairman and retiring…
In his remarks, Halilu emphasised Africa’s readiness to lead in innovation, manufacturing, and sustainability. UK Parliament has honoured the Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, with the prestigious African Achievers Award . The Award was conferred on him during the 15th…
• From left: Dr. Uzodinma Odenigbo, Nigerian Breweries PLC Corporate Affairs Director: Mr. Thibaut Boidin MD/CEO;, President of MAN, Otunba Francis Meshioye; and the Director-General, Mr. Segun Ajayi-Kadir. Nigerian Breweries Plc and the Manufacturers Association of Nigeria (MAN) deepened their partnership during a familiarisation visit by its new Managing Director/CEO, Mr. Thibaut Boidin. Mr. Boidin,…
“The Tummy Tummy noodles facility in Anambra State was not sealed by the National Agency for Food and Drug Administration and Control (NAFDAC).” The Director-General of NAFDAC, Prof. Mojisola Adeyeye, made the confirmation on Wednesday in response to an audio recording circulating on social media, falsely claiming that the agency shut down the Tummy Tummy…
• CGC Adeniji The Nigerian Customs Service (NCS) has announced that it will be replacing the proposed 4 percent import levy with the existing 1 percent Comprehensive Import Supervision Scheme (CISS) levy. The Comptroller General of Customs (CGC), Adewale Adeniyi, made the revelation at an engagement held in Lagos to sensitize stakeholders in the B’Odogwu…
