Manufacturing
Bread price to increase by 30 percent – Bakers
The Association of Master Bakers and Caterers of Nigeria (AMBCN), Abuja chapter, says there may be a 30 percent increase...
Dangote sugar refinery turnover hits N214.3bn in 2020 despite COVID-19
The Dangote Sugar Refinery says it has raised its production volume by 13.7 percent to 743,858 tonnes 2020 financial year,...
NBS data didn’t reflect manufacturing sector’s reality – Expert
The Lagos Chamber of Commerce and Industry (LCCI) has said that the 2021 first quarter 0.40 percentage point Gross Domestic...
Dangote buys 400 Enugu-assembled trucks
Dangote Group has taken delivery of 400 Shacman trucks assembled in Enugu, Nigeria. Transit Support Services Limited, assembler of Shacman...
Dangote invests $700m in sugar projects in Nasarawa
Dangote Sugar Refinery Plc has said it is investing over $700m on its sugar projects as parts of its commitment...
Factory price of Dangote cement is N2,450 and N2,510 per bag – Official
The price of a bag of cement from Dangote factories in Obajana and Gboko is N2,459 and Ibese is N2,510...
Ramadan : Dealers laud Dangote business initiatives
A major dealer of Dangote Group of Companies, Alhaji Salisu Sambajo, said that the company provides consumers with quality products...
2020: Dangote Cement pays N97bn in corporate tax
Dangote Cement Plc will pay N97 billion as corporate tax for 2020 financial year, as it proposed a dividend of...
Manufacturers borrow N570bn in 2020
The Central Bank of Nigeria (CBN)'s analysis of bank's indicated that manufacturing firms borrowed N570 billion from banks in 2020....
FG signs pact with Moroccan coy for fertilizer production
Nigeria has signed a pact with OCP Africa for the second phase of the Nigerian Presidential Fertilizer Initiative in Morocco....