Manufacturing
BOI disburses N22.89 billion to 29 manufacturers
The Bank of Industry (BOI) says it has disbursed N22.89 billion out of the N75 billion manufacturing sector intervention fund...
Tinubu committed to supporting manufacturers – Shettima
Vice President Kashim Shettima on Friday reiterated the commitment of the President Bola Tinubu administration to supporting manufacturing industries in...
BUA secures $200 million Afrexim Bank facility for expansion
BUA Industries Limited has secured a $200 million corporate finance facility from the African Export-Import (Afrexim) Bank to support the...
FG signs MOU with Russian firm to complete Ajaokuta steel plant
The Federal Government has signed a Memorandum of Understanding (MoU) with the Russian firm, Tyazhpromexport (TPE), the original builders of...
Petrol price hike has worsened our operational difficulties — MAN
Mr Lanre Popoola, Chairman, Southwest, Manufacturers Association of Nigeria (MAN), said the difficulties in the operations of manufacturers has been...
How dealers, naira devaluation frustrate plans to slash cement price – BUA chairman
Chairman of BUA Cement, Abdul Samad Rabiu, has said dealers and continuous devaluation of the naira are responsible for the...
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...