Manufacturing
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...
Dangote says Nigeria may stop petrol import in June
Chairman of the Dangote Group, Aliko Dangote, has said that Nigeria may have no reason to import petrol from June...
FG to launch auto-credit scheme for automobile industry
The federal government is set to launch an auto-credit scheme to boost the local automobile industry. Minister for industry, trade,...
Sugar: Dangote targets 700,000MT domestic production by 2029
Alhaji Aliko Dangote, Chairman of Dangote Sugar Refinery Plc, has unveiled the company’s target of producing 700,000 metric tonnes of...
NASCON suspends merger plans with Dangote Sugar/Rice
Nascon Allied Industries Plc (NASCON) says it has suspended its proposed merger with Dangote Sugar Refinery Plc and Dangote Rice...
Dangote moves to ensure self-sufficiency in cement, fertilizer, sugar
Dangote Group has said that its target is to ensure that Nigeria becomes self-sufficient in all sectors of its investment....
Cadbury Nigeria loses N19.09 billion in 2023
Cadbury Nigeria Plc has announced a loss of 3,374 per cent for the year ended Dec.31, 2023, as it recorded...
Unilever to cut 7,500 jobs worldwide
Consumer goods giant Unilever has announced plans to cut around 7,500 jobs globally as part of an overhaul aimed at...
Manufacturers, industrialists laud suspension of expatriate levy
The Manufacturers Association of Nigeria (MAN), and Lagos Chamber of Commerce and Industry (LCCI) have commended the Federal Government for...