Manufacturing Industry News

  • This Day: An Entrepreneur of Note
    This Day: An Entrepreneur of Note 7/3/2017

    Posted by Solomon Elusoji, This Day. 3rd July 2017

    The story of how Yemisi Iranloye built a billion naira business, just years after leaving paid employment

  • The Nation: Banks boost lending despite hard times
    The Nation: Banks boost lending despite hard times 6/28/2017

    Posted by: Collins Nweze, The Nation, 28th June 2017

    An analysis of the 2016 audited financial results of 13 banks, including Stanbic IBTC Bank, has shown that despite low productivity in the manufacturing sector, the lenders recorded about 16.1 percent increase in total credit to the real sector, from the N1.8 trillion in 2015 to N2.1 trillion in 2016. This underscores the pivotal role banks play in the resurgence of the economy.

  • The Guardian: Sona Agro Allied Foods commences biscuit export to Ghana
    The Guardian: Sona Agro Allied Foods commences biscuit export to Ghana 6/27/2017

    Posted by: The Guardian, 27th June 2017

    Sona Agro Allied Foods, one of Nigeria’s leading biscuit and snack companies has started exporting biscuits to other West Africa countries in support of Federal Government’s efforts at encouraging local production as a strategy for economic growth.

  • This Day: Uniyal: Consumers Will Get More Value if Manufacturing Challenges are Surmounted
    This Day: Uniyal: Consumers Will Get More Value if Manufacturing Challenges are Surmounted 6/15/2017

    Posted by: This Day

    Managing Director, Euro Global Foods and Distilleries Limited, Mr. Manish Uniyal speaks on the nation’s economy and the efforts being made by his company to add more value to consumers’ demand.  Raheem Akingbolu brings the excerpts.

  • The Guardian: Shoprite’s Made-in-Nigeria initiative gains momentum
    The Guardian: Shoprite’s Made-in-Nigeria initiative gains momentum 6/13/2017

    Posted by: The Guardian, 13th June 2017

    Shoprite Nigeria has reaffirmed its commitment to promoting locally manufactured products with its ‘Made-in-Nigeria’ initiative, which has benefited its producers and customers alike. Majority of products sold by Shoprite Nigeria are sourced locally and by pledging to stock even more local produce across its 23 stores, Shoprite is highlighting its commitment to the growth of the Nigerian economy.

  • The Cable: what to expect now that the budget has been signed
    The Cable: what to expect now that the budget has been signed 6/12/2017

    Finally, after the many controversies surrounding the signing of the 2017 budget, Acting President Yemi Osinbajo on Monday signed the ‘budget of recovery and growth’ into law.

  • The Sun: Nigeria’s agric GDP to hit $21trn by 2020
    The Sun: Nigeria’s agric GDP to hit $21trn by 2020 5/18/2017

    Posted by: The Sun, 18th May 2017

    China has reiterated its resolve to partner Nigeria in the implementation of the Economic Recovery Growth Plan (ERGP), especially in the area of agricultural development, saying that it has the capacity to grow the country’s agriculture Gross Domestic Product (GDP) from N16 trillion in 2015 to N21 trillion in 2020.

  • The Nation: CBN releases list of items valid for forex
    The Nation: CBN releases list of items valid for forex 5/18/2017

    Posted By: Collins Nweze, The Nation, 18th May 2017

    The Central Bank of Nigeria (CBN) yesterday released a list of items that can source foreign exchange (forex) from the market.

  • African Review: Dangote ends Nigeria’s Cement importation and now exports 0.4mn mt cement to neighboring countries
    African Review: Dangote ends Nigeria’s Cement importation and now exports 0.4mn mt cement to neighboring countries 3/1/2017

    Posted by: African Review, 1st march 2017

    In its 2016 full year audited results presented on the floor of the Nigerian Stock Exchange in Lagos yesterday, Dangote Cement sold 8.6mn metric tons of cement outside Nigeria, which is 54 per cent more than what was sold in 2015.

  • Nigeria Manufacturing & Equipment Expo and Raw Materials Expo (NIRAM) Press Briefing Report
    Nigeria Manufacturing & Equipment Expo and Raw Materials Expo (NIRAM) Press Briefing Report 2/9/2017

    Nigeria Manufacturing & Equipment Expo and Raw Materials Expo (NIRAM) Press Briefing Report

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