Manufacturing sector struggling despite CBN’s support –LCCI

The Lagos Chamber of Commerce and Industry (LCCI) has lamented that the country’s manufacturing sector is still struggling in terms of growth even as the biggest beneficiary of the Central Bank of Nigeria’s (CBN) support to the real sector of the economy. The Director-General of LCCI, Muda Yusuf, made the disclosure in Lagos during LCCI […]

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Pharmaceutical manufacturers in Nigeria demands N1bn compensation from govt for codeine seizure

“As far as the pharmaceuticals industry is concerned, you are aware of the ban by the Federal Government on cough syrups containing codeine. “That ban is affecting the country’s pharmaceutical industry especially companies that manufacture codeine or Benylin cough syrups. As we speak, government is holding on to finished products of codeine worth N1 billion […]

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Nigeria Adopts 12 PICO PV Standards For Renewable Energy, Hybrid Systems For Rural Electrification

The Nigerian National Technical Committee on Electrical/Electronics (E/E)  has recommended 12 PICO PV systems standards, guide for renewable energy and hybrid systems for rural electrification to the Nigerian Standards Council for adoption as Nigeria Industrial Standards. Rising from a 2-day meeting in Lagos, the Technical Committee (TC) Chairman, Engr. Ayodele Esan stated that the recommended […]

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The Apapa-Oshodi road will last for 40 years when completed, Dangote

  “We expect that by the end of 2020, the entire road network will be finished, you will have a road that will last for 40 years. What I can also assure you is that this road will be finished before the end of next year.” Group President/CE of Dangote, Aliko Dangote, told the Minister […]

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AfCFTA: Nigeria Warns It Won’t Allow Smuggling, Trade Malpractices

By Franklin Alli   “WE will not allow smuggling and other predatory trade practices to continue unchecked, as it undermines our economic development efforts and destroys local industries, leading to job losses.” Mr. Niyi Adebayo, Nigeria’s Minister of Industry, Trade and Investment, warned at the AfCFTA National Forum, themed: ‘Effective Implementation for Industrialisation and Inclusive […]

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Nigerians not consuming too much sugar, Dr. Busari

  Against rising unproven claims that Nigerians are consuming too much sugar in their homes and could be responsible for health issues such as diabetes, hypertension and obesity, the Executive Secretary, National Sugar Development Council (NSDC), Dr. Latif Busari says available facts on ground show that sugar intake in Nigeria was relatively low compared with […]

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Nigeria’s P+ Measurement Services host AMEC Measurement Month

   Lagos, Nigeria: The International Association for the Measurement and Evaluation of Communication, AMEC, in conjunction with P+ Measurement Services, is set to host the annual educational programme, AMEC Measurement Month (#AMECMM), 2019 in Nigeria. P+ Measurement, a media independent and Nigeria’s first specialized agency championing new innovative models for Communications Measurement and Evaluation will join 86 other participating countries to […]

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Mikano diversifies into vehicle assembling in Nigeria

  Mikano International Limited, a leading power solution provider, said it would soon venture into vehicle assembling in Nigeria at its state-of-the-art auto assembly plant located along the Lagos-Ibadan expressway as part of its diversification plan. Besides, the company said it is investing in an industrial city covering a space of 120,000 sqm with eight […]

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