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Industry

Clearing agents turn Okada riders as cargo shipping to Nigeria plunge by 19%

The loss of jobs and frustrating influence of the current economic recession are taking tolls in every sector and mainly the maritime industry. Investigations by our correspondents at the two ...

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Export expansion grant policy coming back next year—Minister

okechukwu-enelamah

The Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah has given an indication that the federal government is set to reintroduce suspended Export Expansion Grant policy early next year. ...

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3 bills coming to NASS to lift creative industry

Nigerian Senate

Moves have been concluded by the Federal Ministry of Information and Culture is to present three bills to the National Assembly in its effort to re-position the Creative Industry for ...

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Huawei, Fortis deepen CSR, opens ICT Centre for productivity at Eti-Osa

In keeping with its Corporate Social Responsibility (CSR), Communications technology services provider, Huawei (Nigeria) in conjunction with Fortis Project Limited have inaugurated information and communication technology (ICT) project at Eti-Osa ...

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Recession forces hotel occupancy to 10 year low, ebbs below 40%

Operators of the nation’s hospitality sector have opened up on the impacts of recession on their business. Checks by our correspondent across mega hotels in Lagos, Abuja and Port Harcourt ...

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Provide forex, power, roads and ease of credit facilities, leave tax, MAN tells FG

okechukwu-enelamah

Barely less than two days the Federal Government said in a bid to ease the burden of the current economic recession on the manufacturing sector, it is planning some form ...

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Dangote to end importation of coal used for cement production in March 2017

Aliko Dangote

Logistics are getting set by leading cement manufacturers, Dangote Cement Industries to begin the mining and sourcing of coal for its cement production within Nigeria in March next year. Before ...

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NSCCIMA looking for international market to sell Nsukka-Pepper

Audu Ogbeh

More jobs still need to be done by the federal government in its plan to deepen the exportation drive for local agricultural products as the Nsukka Chamber of Commerce, Industry, ...

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Fire guts N450m goods at Erisco foods parking store

erisco-foods

It was a case of double tragedy for indigenous manufacturer, Erisco Foods, makers of Tomato paste as goods worth about N450 million were destroyed in an inferno Tuesday in its ...

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Union Bank, Ria Money Transfer to offer remittance pay-out services

union bank

As part of new efforts to grow financial inclusion, Union Bank, has partnered with Ria Money Transfer (“Ria”), one of the largest money transfer companies in the world, to offer ...

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