Manufacturing
Manufacturing and general industrial sector news.
Nigerian Miners say FG’s hike in mining rates will push indigenous miners out of business
The Miners Association of Nigeria (MAN) has stated that the federal government’s hike in mining rates and royalties for solid...
Read more
FG increases rates, charges for all activities in the mining sector
The Federal Government has raised the rates and charges for all activities in the mining sector.
Read more
FG says it has linked Agbara Industrial hub to national grid
The Federal Government has announced that the Agbara Industrial Hub is now connected to the national grid, marking a significant...
Read more
How we lost billions of naira worth of investment in Nigeria’s textile industry – Aliko Dangote
Africa’s richest man, Aliko Dangote, has recounted the challenges his venture faced in Nigeria’s textile industry during the boom of...
Read more
No economic growth will happen unless interest rate at 30% goes down – Aliko Dangote
The President of the Dangote Group Industries Ltd, Alhaji Aliko Dangote has stated that no economic growth will happen unless...
Read more
Nigerian Gold Bars add over $5 million to Nigeria’s foreign reserve assets – Dele Alake
The Minister of Solid Minerals Development, Dele Alake, announced that Nigerian gold bars transaction has boosted the country’s foreign reserve...
Read more
Dangote to venture into steel production, targets meeting demand in West Africa
Alhaji Aliko Dangote has mooted plans to delve into steel production in the near future stating that he wants to...
Read more
Presidential tax committee proposes exemption of manufacturers and farmers from withholding tax
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has stated that the committee has...
Read more
Huggies maker, Kimberly-Clark, to stop production three years after investing $100m in Nigeria
Diaper and sanitary pad manufacturer, Kimberley Clark will soon announce an imminent shutdown of its Ikorodu production facility two years...
Read more
Nigeria has attracted $3.5 billion investment to textile industry in one year – Minister
The Minister of Industry, Trade and Investment, Doris Uzoka-Anite, announced that the federal government has secured $3.5 billion in investments...
Read more
