The African Export-Import Bank (Afreximbank) said in Lagos that it will allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme to support Nigerian manufacturers...
Nigeria is using a system of tax credits to encourage private companies to share the cost of infrastructure projects as part of a drive to diversify...
Nigerian Breweries (NB) and CrossBoundary Energy have signed Heineken’s first solar project in Africa, the first of its kind for Nigeria. It is a fully-financed solar...
Central Bank of Nigeria has imposed restriction on access to foreign exchange on all textile material coming into Nigeria. CBN Governor Mr. Godwin Emefiele said this...
The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dr Dikko Umaru-Radda, said on Saturday that Micro Small and Medium Enterprises (MSME) represented...
DN Tyre and Rubber Plc (formerly known as Dunlop Nigeria Plc) has intensified ongoing discussions with Edo State government as part of measures to revive local...
The Ministry of Mines and Steel Development said it revoked 4,176 mining titles between 2011 and 2018. The Ministry disclosed this in a report made available...
Chinese factory activity contracted for a second straight month in January, the official Purchasing Managers Index (PMI) showed. The index ticked up to 49.5, but remained...
Cosmetics and soap maker PZ Cussons Plc said on Tuesday it expected a sharp decline in pretax profit for the year ending May, hurt by sluggish...
Nigerian Association of Small Scale Industrialists (NASSI) has called on the Federal Government to review the conditions of loans for Micro, Small and Medium Enterprises (MSME)....
Eleven companies have indicated interest to operate the troubled Ajaokuta Steel Company but the federal government was not yet ready to hand over the facilities. Alhaji Abubakar...
Manufacturers Association of Nigeria MAN has thrown its weight behind the federal government refusal to sign the Africa Free Trade Agreement saying that “government should ensure...
Honda Motor is to invest $2.75 billion and take a 5.7 per cent stake in General Motors’ Cruise self-driving vehicle unit.mThe investment is spurred by the...
Artificial Intelligence (AI) holds the potential to vastly improve government operations and meet the needs of citizens in new ways, ranging from traffic management to healthcare...
Nestlé and Ashoka have kick-started a social investment accelerator program to accelerate social entrepreneurship and boost economic development of Africa, on 10th September 2018. 12 social...