Our Cement Price Cheapest In Africa — Dangote
Dangote Cement Plc has said yesterday that the price of its product per bag from the factory was between N2,450 in Obajana and Gboko, and N2,510 in Ibese, inclusive of VAT. The
Suggestions
BUA Group Boss Urges FG To Licence More Cement Manufacturers
The chairman of BUA Group, Abdul Samad Rabiu, has advised the Federal Government to licence more cement manufacturers in order to meet local demand for the product. Rabiu,who gave the advice in
Russian Firms Plan $500m Investment In Nigeria
Nine Russian firms have indicated interest to invest over $500 million in Nigeria’s manufacturing sector. Chairman, Nigerians in Diaspora Organisation (NIDO), Russia, Mr Sampson Uwem-Edimo, disclosed this in a statement issued ahead of the
LCCI Names New DG
The Lagos Chamber of Commerce and Industry (LCCI) has announced the appointment of Dr Chinyere Almona as its Director General, effective July 1, 2021. Her appointment was sequel to the retirement of
Most FG’s Loans To Entrepreneurs Fall Into Wrong Hands-NACCIMA
Most of the loans and grants approved by the Federal Government and agencies for entrepreneurs for the improvement of the businesses usually ended up in the pockets of those who had no
OPS Urges Review Of Strategies To Access Intervention Funds
Organized Private Sector of Nigeria,says businesses in the country still have low access to Federal Government’s intervention funds,which was instituted to stimulate and revamp the economy through structured refinancing and loans. The
FG Grants N50bn For Export Expansion Facilities
The Executive Director, Nigerian Export Promotion Council (NEPC), Olusegun Awolowo,says his council has granted N50 billion naira for Export expansion facilities. Awolowo,who made the declaration in a one- day sensitization workshop on
Ketron Investment Limited Takes Over Shoprite Stores
An indigenous company, Ketron Investment Limited, has taken over Shoprite Nigeria from the Retail Supermarkets Nigeria Limited, RSNL, owner and operator of the Shoprite stores in Nigeria. The divestment by Shoprite International
FG Explains Review Of Industrial Revolution Plan
Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo,has said that Nigeria’s Industrial Revolution Plan is being reviewed to reflect current economic realities and aspirations of the Federal Government. He spoke at
FG Wants Credit Facilities For MSMEs At Single Digit Interest Rate
The Federal Government has canvassed for the provision of credit facilities for Micro Small and Medium Enterprises (MSMEs) at single digit interest rate by financial institutions. Minister of State for Industry, Trade
Manufacturing Sector Can Solve Nigeria’s Forex Challenges-NESG
The Nigerian Economic Summit Group (NESG)says the country’s manufacturing sector can resolve its foreign exchange currently battling Nigeria. NESG, in its report entitled, “Sectoral Reforms and Investments in Nigeria: A focus on
