Nigeria certifies electrical, chemical, and food testing laboratories to global standards

  * It gives our country, industries credibility – SON chief   By Franklin Alli   The Standards Organisation of Nigeria (SON) has certified three of its testing laboratories in Lagos to international standards. The laboratories are an electrical labs for performing tests on electrical cables, insulation, and sheaths; chemical tech, and goods. The accreditation […]

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See what Lagos is doing to become AfCFTA hub in manufacturing, technology & finance

  * 60 OEMs storm Zenith Exhibitions’ trade shows with new equipment, products   By Franklin Alli Honourable Commissioner, Sam Egube, Lagos State Ministry of Economic Planning and Budget, says that the government is aggressively preparing the city to overtake other cities in Africa to become the hub for the manufacturing, technology, and financial services […]

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Manufacturing firms shouldn’t fear the true cost of fuel – here’s why

Fresh UNIDO-led research in collaboration with the World Bank provides concrete evidence that removing fossil fuel subsidies would not only make environmental sense but would also improve firms’ economic performance. New firm-level data from Oman show that higher fuel prices are not a drag on competitiveness. Reducing subsidies and allowing fuel prices to rise could ultimately aid […]

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Manufacturing attracts $5.08bn investment announcements in Q1’21 – NIPC 

  ” By sector, manufacturing received the largest investment accounting for 60 percent at $5.08 billion, followed by construction at $2.90 billion (34 percent), electricity at $0.26 billion (3 percent), agriculture $0.11 billion (1 percent), and others at $0.07 billion (1 percent).” The Nigerian Investment Promotion Commission (NIPC), disclosed this in its latest “report of […]

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Burkina Faso’s Cim Métal wants to take on Nigeria’s Dangote in Togo’s cement market

  After the successful development of industrial activities at Cim Métal Group, CEO Inoussa Kanazoé is now tackling the Togolese market. He intends to make his move in a sector dominated by the imposing figure of the Nigerian tycoon Aliko Dangote. In September 2020, Cim Métal Group’s discreet CEO Inoussa Kanazoé started marketing cement from its […]

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EMWA will host Women in Industry next week in Lagos

  ” Equipment and Manufacturing West Africa (EMWA) on 27th – 29th April 2021 will host Women in Industry.’ Joseph Oru, EMWA Project Director, said in a statement ahead of the EXPO  that will hold at the Land Mark Centre, Lagos. He noted that women’s participation in the manufacturing and Industrial sectors needs to be encouraged […]

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MAN offers tips on how govt can control rising inflation

” The 18.17 percent inflation rate in the country is not healthy for the well-being of the people and the growth aspiration of the economy. It should therefore be properly managed before it spirals out of control. “   With these words,  the Manufacturers Association of Nigeria (MAN), called on the federal government to take urgent […]

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EDITORIAL: Cement industry issues and the Need to revive Cement Manufacturers Association of Nigeria

  The cement Manufacturers’ Association of Nigeria (CMAN) is an umbrella body for all cement manufacturers in the nation. The association which existed up to 2015, before it went into oblivion, was established by Lafarge Africa Plc (comprising WAPCO Sagamu, Unicem Calabar; Ashaka Cement Gombe, and Cement Company of Northern Nigeria CCNN); BUA Cement, and […]

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Manufacturing sector intervention fund now N803bn –CBN

  Manufacturing sector’s intervention funds disbursed by the Central Bank of Nigeria (CBN) rose to N803 billion as of February, 2021 Figures obtained from the CBN reports on the Monetary Policy Committee revealed this on Tuesday. “Under the N1tn manufacturing intervention stimulus, the total of N803.36 billion has been disbursed to 228 projects across various […]

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