Manufacturing
MAN urges FG to suspend expatriate employment levy
The Manufacturers Association of Nigeria (MAN) has called on the federal government to reconsider the implementation of the recently launched...
Nestle Nigeria posts N104 billion loss for 2023
Nestle Nigeria Plc has reported a loss before tax of N104 billion for the year ended 2023. This is according...
MAN urges CBN to slash number of BDCs
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to reduce the number of...
Cement manufacturers agree to crash price
Cement manufacturers have agreed to bring down the price of the product from N10,000 to between N7,000 and N8,000 per...
MAN to FG: Overhaul power sector, invest in renewables
The Manufacturers Association of Nigeria ( MAN) has recommended the overhauling of the power sector and incentive investment in renewables...
REA, NASEIN sign $150m battery manufacturing agreement
The Rural Electrification Agency (REA) and the National Agency for Science and Engineering Infrastructure (NASENI) has signed a 150 million...
Manufacturers reject proposed sugar tax rise from 10% to 30%
Stakeholders in the food and beverage industry have urged the Federal Government to disregard any campaign aimed at increasing current...
Dangote Group accuses BUA of sponsoring false report against it
Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling...
BUA to inaugurate new cement plant in Sokoto by Jan. 2024
One of the Nigeria’s leading cement providers, BUA, has revealed its plan to inaugurate a new cement plant in Sokoto...
BUA Cement fortunes relaunch Abdulsamad Rabiu on Bloomberg’s World’s richest list
Chairman of BUA Group, Abdulsamad Rabiu has e-joined Bloomberg’s list of the world’s richest people after recent increases in the...