Akwa Ibom Car Assembly Plant to roll out commercial vehicles in Q1 of 2022-Promoter

  “The plant is about 90 percent completed. Everything you see here is prefabricated and brought for installation, as you can see the electrical, the production area and the spraying area have been completed. We have fixed the offices, and I can assure you that in the next six months, commercial vehicles from this plant […]

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Abia Govt to build N30bn industrial cluster in Aba

Abia State government has signed a Memorandum of Understanding (MoU) with a partner company to build an industrial cluster for the leather, garment and allied products producers at Amator in Obingwa Local Government Area of the state. Speaking at the MOU signing ceremony in Aba, the Permanent Secretary in the state Ministry of Industries, Cletus […]

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China Aims High in Bilateral Relations, Trade with Nigeria

Chinese Ambassador to Nigeria, Cui Jianchun has said the bilateral relations and trade between China and Nigeria would soon reach a new higher level. He made the revelation in Abuja during a media chat to mark the Moon Festival or Mid-Autumn Festival in China, one of the most important traditional holidays in the country. He […]

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How Lagos is leveraging technology to transform businesses – Sanwo

  By 2030, the smart city ambition of Lagos State would have been fully realised, Governor Babajide Sanwo-Olu said on Thursday. The Governor said his administration would continue to leverage technology to transform the State’s economy while easing impediments for businesses to flourish. Sanwo-Olu said his administration had begun the implementation of the smart city […]

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FG To Roll out 5G Technology January 2022

The Federal Government may have put all structures in place ahead of the 5G technology launch. This is as Communications and Digital Economy Minister, Isa Pantami, confirms its deployment in Nigeria has been fixed for January 2022. The launch, the Minister assured will aid surveillance against vandalism of public assets. Pantami, disclosed this on Thursday, […]

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Manufacturers speak on World Bank’s scrapping of “Ease of Doing Business Reports”

By Industrial Digest     MANUFACTURERS, Bankers and Investments analysts in Nigeria say rather than discounting the report entirely, the World Bank should restructure it into an “Ease of Starting Business” index and another index for Ease of Doing Business. The latter should cover the real challenges we in Africa faces in doing business.” The World […]

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Fearless vs Predator: Court to Hear Rite Foods, NBC Suit October 27

Justice Lewis Allagoa of the Lagos Federal High Court has fixed October 27, 2021, for the hearing of all applications in a contempt proceedings filed by Rite Food Limited against the NBC’s and it’s Managing Director, Mattieu Seguine, over alleged trademark infringement. Justice Allagoa fixed the date after counsel to the parties informed him that […]

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‘’Nigeria must look inward to fund industrialisation’

An industrialist, Dr. Caesar Osaheni Iyayi, has appealed to President Muhammadu Buhari to use his powers and office to encourage Nigerians to focus on manufacturing revolution, adding that the country must look inward to fund industrialisation. According to Iyayi, we must develop the industrial capacity to use our raw materials to manufacture everything that we […]

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Nigeria to acquire new satellites, saves N8 billion through tech platform

Nigeria is expected to acquire new satellites in another four years for maximum coverage of the country. This is even as it has been revealed that through a platform invented by Nigeria Communication Satellite (NigComSat) Limited, the country saved over N8 billion in capital flights. Though, still silent about cost and modalities the new satellite […]

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How Governor Oyetola is reviving textile industry in Osun State

“It should be noted that our administration’s declaration of every Thursday being ‘Osun Adire Day’ and the directive that all public and civil servants be dressed on Adire same day, is in furtherance of our efforts not only to promote our culture and tourism but also, to specifically develop the state textile industry.” Mr. Adegboyega […]

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