Manufacturing
Lagos, CIG Motors to produce 5,000 cars annually
The Lagos State Government and Choice International Group (CIG) Motors' automobile assembly plant would produce 5,000 units of cars every...
Six millionaires emerge from Dangote Cement promo
No fewer than six customers of Dangote Cement Plc in Lagos on Tuesday emerged millionaires in its ongoing “Bag of...
Africa is next industrial frontier – RX Africa
Africa is regarded as the next frontier when it comes to investment and growth through industrialisation and the creation of...
Dangote Industries completes issuance of N187.6bn bonds
Dangote Industries Ltd (DIL) has announced the successful completion of the company’s N187.6 billion series 1 bond issuance. The bond...
NCCIMA: High cost of diesel killing businesses
The Nsukka Chamber of Commerce, Industries, Mines and Agriculture (NCCIMA) says agriculture businesses in the area are dying over high...
Manufacturers sack 40% staff as operating cost soars
Members of the Manufacturers Association of Nigeria (MAN) have been forced to reduce their workforce by 40 per cent due...
Dangote Sugar declares N276bn turnover, N12.417bn dividend
Dangote Sugar Refinery Plc has declared a turnover of N276 billion for the financial year ended Dec. 31, 2021, translating...
Dangote Cement grosses N413.2bn revenue 2022 Q1
Dangote Cement has declared a 24.2 per cent increase in its revenue for the first three months of the 2022...
Buhari: Dangote’s $2.5bn fertiliser plant will boost food production
President Muhammadu Buhari on Tuesday inaugurated the $2.5bn Dangote Fertilizer plant in Lagos, saying the plant would reduce the nation’s...
Buhari inaugurates Dangote fertiliser plant in Lagos
Dangote’s three million metric tonnes fertiliser plant was inaugurated by President Muhammadu Buhari on Tuesday at the Lagos Free Trade...