Manufacturing
BUA Cement recorded revenue growth of 27.4% in 2023
The management of BUA Cement Plc said it recorded revenue growth of 27.4 per cent in 2023 The company also...
BUA Foods, IMAS agree to build 3200 tonnes wheat flour mills
BUA Foods Plc has signed an agreement with IMAS, a prominent Turkish flour milling equipment manufacturer, to build four state-of-the-art...
MAN advocates tax incentives for manufacturing sector
Director-general of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has made a case for targeted tax waiver incentives for...
Dangote to CBN: Reduce 30% interest rate for economic growth
President of the Dangote Group, Alhaji Aliko Dangote, has canvased a reduction in the 30 per cent interest rate in...
Kidnapping eroding investor confidence in Nigeria – Manufacturers
The Manufacturers Association of Nigeria (MAN) has warned that the continued abductions of company executives could erode investor confidence in...
Exports-focused industrial plan way to develop Nigeria – Agora Policy
Agora Policy, an Abuja-based think tank, has stated that Nigeria needs to have an exports-focused industrial plan to achieve economic...
Diaper maker, Huggies, to close Nigeria plant after $100 million investment
Manufacturer of Huggies diapers, Kimberley Clark, is in the process of shutting down its manufacturing plant in Ikorodu, Lagos State....
Nigeria attracts $3.5 billion textile investment in one year
Minister of Industry, Trade and Investment, Doris Uzoka-Anite, has disclosed that Federal Government secured $3.5 billion investments in the nations...
26.25% interest rate will worsen cost of doing business – MAN
The Director-general of the Manufacturers Association of Nigeria (MAN), Mr Segun Ajayi Kadir, has expressed concern that the recent increase...
Minister seeks gas concession for cement manufacturers
The Minister of Industry, Trade and Investment, Doris Nkiruka Uzoka-Anite, has made a case for the extension of gas concessions...