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Real Sector
LCCI flags Nigeria’s rising debt profile, poor metering by DisCos
The Lagos Chamber of Commerce and Industry (LCCI) has said that Nigeria’s rising debt profile is a source for worry, urging the Federal Government to apply caution on the continued use of…
End undue interference in FX market, manufacturers urge CBN
The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to allow the forces of demand and supply to determine the exchange rate and avoid the temptation of…
What 57% capacity utilisation means for Nigerian consumers
Capacity utilisation measures the quantity or proportion of potential economic output that is actually realised, according to Investopedia. In other words, capacity utilisation measures the…
Stakeholders harp on improved standards, regulations to boost Non-Oil exports
Stakeholders in the Nigeria Non-Oil sector have harped on the need for improved standardS and regulation of Non-Oil produce to boost exports and raise foreign exchange earnings. Speaking…
N20bn tomato processing factory underscores GBfoods’ commitment to Nigeria—Egbe,…
VINCENT EGBE is GBfoods Nigeria’s country manager. In this interview with Odinaka Anudu, Egbe talks about the company’s N20 billion fully integrated tomato processing factory in Nigeria,…
Free Trade zones offer economic opportunities despite COVID pandemic-NEPZA
The Nigeria Export Processing Zones Authority (NEPZA) says free trade zones in the country has offered numerous economic opportunities for investors in trade and manufacturing sector.…
How GBfoods completed N20bn tomato processing factory in Nigeria
In 2019, Gbfoods - makers of Gino, Jago, and Bama products - set out to build a fully backward integrated tomato processing factory in Nigeria. The goal was simple: To build a factory that…
FrieslandCampina WAMCO pledges to expand Nigeria’s dairy capacity as revenue rises 9%
Dairy maker FrieslandCampina WAMCO has pledged to raise Nigeria’s milk capacity to ensure that Africa’s largest economy achieves self-sufficiency in the industry. The makers of Peak and…
COVID 19:FG unveils intervention for SMEs, eyes 5 million jobs
Federal government on Thursday said it is currently targeting five million jobs for Small and Medium Enterprises through its Post- COVID 19 Economic recovery plan. The Minister of…
Stakeholders canvass for stronger regulation of solid mineral sector
Stakeholders in the mining sector, including the Federation of Nigerian Mining Host Communities, Miners Association of Nigeria and the Civil Society Coalition on Nigeria’s Mining Sector, are…