Manufacturing Industry News

  • WorldStage: Saraki and the Made in Nigeria Défi
    WorldStage: Saraki and the Made in Nigeria Défi 1/13/2017

    Posted by: WorldStage, 09th January, 2017

    By Cynthia Ferdinand-- “Yesterday is not ours to recover, but tomorrow is ours to win or lose”- Lyndon  Johnson

  • Chinese steel firm pledges commitment to Nigeria
    Chinese steel firm pledges commitment to Nigeria 1/13/2017

    Posted by: The Guardian, 13th January, 2017

    A Lagos-based Chinese steel manufacturing company, HongXing Steel Company, has expressed confidence in the ability of the Nigerian economy to overcome its present challenges.

  • Out-Law: New Nigerian company ‘to boost pension fund investments in infrastructure’
    Out-Law: New Nigerian company ‘to boost pension fund investments in infrastructure’ 1/10/2017

    Posted by: Out-Law.com, 10th January 2017

    A new company that will enable pension funds to invest in Nigerian infrastructure bonds is set to be launched in a few weeks’ time, the head of the country’s sovereign wealth fund has said.

  • SON Drives Standardisation to Boost Investment in LPG Cylinder Manufacturing
    SON Drives Standardisation to Boost Investment in LPG Cylinder Manufacturing 1/3/2017

    Posted by: Nigeria Today, 02nd January, 2017

    There is a huge potential for stimulating multi-million dollar investments into Liquefied Petroleum Gas (LPG) cylinder manufacturing in Nigeria using the instruments of standardisation and quality assurance, the Director General of the Standards Organisation of Nigeria (SON), Mr. Osita Aboloma, has said.

  • Chinese Steel Manufacturer Restates Commitment To Nigeria
    Chinese Steel Manufacturer Restates Commitment To Nigeria 1/3/2017

    Posted by: Blog Entertainment and Lifestyle, 02nd January, 2017

    The management of HongXing Steel Company, a Chinese steel manufacturing company based in Lagos, has expressed confidence in the ability of the Nigerian economy to overcome its present challenges.

    Speaking to journalists on the sidelines of the company’s 2016 end of year get-together, the Managing Director of HongXing Steel Company, Mr. Fengzheng Ke, also assured that his firm would continue to priorities issues of staff welfare.

    He called for more support for the federal government in the bid to diversify the economy.

  • Leading export produce with amazing forex potential
    Leading export produce with amazing forex potential 1/3/2017

    Posted by: Nigeria Today, 02nd January, 2017

    You must have little knowledge  about the items you want to export from Nigeria to other countries.

    Nigerian government through Nigerian Export Promotion Council is increasingly encouraging Nigerian industrialists, business men and women, and agriculturalists to export more non-oil products so as to grow our export index, create jobs, and in the long run stabilize Nigeria’s economy.

  • Nigeria’s steel sector gets $100m Chinese investment
    Nigeria’s steel sector gets $100m Chinese investment 1/3/2017

    Posted by: Vanguard, 29th December, 2016

    NIGERIA’s steel production has received a $100 million Chinese investment through HongXing Steel Company Limited. According to the Iron and Steel Senior Staff Association of Nigeria (ISSSAN), Nigeria’s present steel production stands at about 300,000 tonnes per annum, while consumption is above 20 million tonnes per annum

  • Re-aligning ECOWAS protocols to suit Nigerian market
    Re-aligning ECOWAS protocols to suit Nigerian market 1/3/2017

    Posted by: The Guardian, 29th December, 2016

    Nigeria joined the other member states of the Economic Community of West African States (ECOWAS) in 2000 to sign the ECOWAS Trade Liberalization Scheme (ETLS) and ECOWAS Common External Tariffs (CET). 

  • Made in Nigeria: Cokodeal paving way for home grown innovations
    Made in Nigeria: Cokodeal paving way for home grown innovations 1/3/2017

    Posted by: Vanguard, 28th December, 2016

    IT is becoming a cliché that Nigerians have a reputation for being consumers of goods rather than being producers. Considering the fact that more developed countries have better environments for manufacturing and exportation, combined with Nigerians love for imported goods, local businesses suffer, and so does the economy. 

  • The Guardian Nigeria: Of local raw materials in dollars
    The Guardian Nigeria: Of local raw materials in dollars 1/3/2017

    Posted by: The Editorial Board, The Guardian, 3rd January 2017

    The report, the other day, that available local raw materials are now either being exported or sold to domestic manufacturers in foreign currencies should be of interest to all stakeholders. The reported alternative, whereby international market prices of the materials are being converted to Naira for payment by the manufacturers is also intriguing.

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