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* 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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* 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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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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” 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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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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” 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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The Coca-Cola Company, has announced a new design system for the Coca-Cola trademark that brings Coca-Cola, Coca-Cola Zero Sugar and Diet Coke together. The new design is simplified, removing added elements such as the red disc, to elevate the iconic trademarks with global consistency. It also raises the Coca-Cola logo to the top of the […]
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” 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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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’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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