By Seun Ibiyemi The Manufacturers Association of Nigeria (MAN) has elected the Chief Executive Officer of Juhel Nigeria Limited, Dr. Ifeanyi Eric Okoye, OFR, mni, as its 12th president, ushering in a new leadership era for the country’s manufacturing sector amid persistent challenges confronting local industries. Okoye was elected at the association’s 54th Annual General…
By Seun Ibiyemi The National Agency for Food and Drug Administration and Control (NAFDAC) has disowned a viral list circulating on social media that allegedly identifies products in the Nigerian market as fake, adulterated or substandard, warning Nigerians against sharing the unverified information. The Agency said the list did not originate from NAFDAC and should…
By Seun Ibiyemi The Manufacturers Association of Nigeria (MAN) has called for further monetary policy easing and cheaper credit to manufacturers, saying the Central Bank of Nigeria’s (CBN) 350-basis-point reduction in the Monetary Policy Rate (MPR) is only an initial step towards reviving industrial growth. MAN welcomed the decision of the Monetary Policy Committee (MPC)…
By Seun Ibiyemi The Manufacturers Association of Nigeria (MAN) has said the moderation of Nigeria’s headline inflation to 15.39 per cent in August has yet to translate into lower production costs for manufacturers. The association said although the decline from 15.43 per cent recorded in July was a positive development, the marginal 0.04 percentage-point reduction…
Dangote Industries Limited has signed an $800 million Memorandum of Understanding (MoU) with China’s Sinoma International Engineering Co., Ltd. to transform its Itori Cement Plant in Ogun State into a major production and export hub by doubling its installed capacity to 12 million metric tonnes per annum. The agreement, signed by Dangote Group President, Aliko…
…Demands urgent intervention By Seun Ibiyemi The Manufacturers Association of Nigeria (MAN) has expressed deep concern over the sharp decline in commercial bank lending to the manufacturing sector, warning that the development could worsen industrial stagnation, job losses, and inflationary pressures in the country. In a position paper released on Tuesday, MAN disclosed that commercial…
By Seun Ibiyemi Nestlé Nigeria Plc has announced a 98 per cent employment rate for graduates of its technical training programme, underscoring the impact of its sustained investment in youth skills development and industrial capacity building. The company made the disclosure during the graduation ceremony of 20 trainees from its Flowergate Technical Training Centre, held…
By Seun Ibiyemi The Federal Government has signed a Memorandum of Understanding (MoU) with Nestlé Nigeria Plc to enhance animal genetics and improve farmers’ productivity in the country’s livestock sector. The Minister of Livestock Development, Idi Maiha, disclosed this on Wednesday during the signing ceremony, noting that the partnership would establish a dairy skills development…
By Seun Ibiyemi Nestlé Nigeria Plc’s iconic brand, MAGGI, has announced rising music sensation Qing Madi as the face of its latest campaign, “Me & MAGGI: So Good Together,” aimed at connecting with younger consumers through food, music, and shared experiences. The unveiling took place at Nestlé Nigeria’s Head Office in Lagos and marks MAGGI’s…
Nigeria’s telecommunications sector sustained its growth momentum in early 2026, with total active telephony subscriptions climbing to 182.23 million in January, according to the latest industry data released by the Nigerian Communications Commission (NCC). The new figure represents an increase of about 2.58 million subscriptions compared to 179.64 million recorded in December 2025, marking the…
