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Protests in Kogi over Obajana Cement Plant as FG intervenes

SOME youths on Wednesday in Lokoja, the Kogi State capital, staged a protest over the contentious acquisition of the Obajana Cement Plant (OCP) by...

High energy costs affecting Dangote cement production – CEO

THE Chief Executive Officer, Dangote Cement, Michel Puchercos, says a significant increase in energy and diesel costs is impacting negatively on the production and...

SPECIAL REPORT: Is potato puree the answer to the rising wheat prices for Nigerian bakers?

By Ronald Adamolekun In the midst of a sunlit room in Nnewi, south-east Nigeria, a woman measures out four parts of sweet potato puree –...
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Nigeria’s giant industries are silently disappearing (Part two)

THE first part of this investigation, which can be read here,  mentioned names of manufacturing companies that have gone into extinction in the last...

Bullish manufacturers pump billions to tap opportunities in Nigerian economy

MANUFACTURERS are taking a long position about Nigeria and pumping billions of naira to leverage opportunities in the economy. They are overlooking poor policies of...

MAN calls for suspension, review of CBN’s e-valuation, e-invoicing policy

THE Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to suspend the implementation of its guidelines on e-valuation...
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Local manufacturing companies have made Nigeria self-sufficient in cement -Buhari

PRESIDENT Muhammadu Buhari has said that local manufacturing firms have made Nigeria self-sufficient in cement production. The president, who made the disclosure at the inauguration...

As Nigerian government slumbers, N144bn Aba shoe industry crawls

Edited by Ajibola Amzat RESEARCHERS estimate the market size of Aba shoe industry at N144 billion ($350.364 million). The estimate is predicated on the production...

BUA MD sees sugar tax affecting factory productvity, margins

ACTING Managing Director of BUA Foods Ayodele Abioye has said that the imposition of sugar tax on companies could impact the firm's production of...
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Here are ways redesigning the naira notes will affect you

THE Central Bank of Nigeria's (CBN) redesigning of select...