Nigerian Breweries increases the price of beer
The Nigerian Breweries PLC has issued a “Price Review Notification” to all its direct customers in the West Zone.
This price review is contained in...
Dangote Refinery prepares for production as crude supply hits 6 million barrels
The Dangote Petroleum Refinery has announced that it is set to start producing refined petroleum products after receiving the 6th batch of one million...
EFCC operatives storm Dangote head office in Lagos
Operatives from the Economic and Financial Crimes Commission (EFCC) have conducted a search operation at the Lagos headquarters of the Dangote Group.
According to sources,...
FCCPC warns against plan to allow only LASU bread on campus
The Federal Competition and Consumer Protection Commission (FCCPC), has warned against the plan of the Lagos State University (LASU) to sell only the bread...
FG grants N16.76tn tax waiver to Dangote, BUA, others
The Federal Government has waived N16.76tn in revenue to tax reliefs and concessions given to large companies between 2019 and 2021.
This was revealed in...
Manufactured goods value fell by 36% in Q2 — NBS
The National Bureau of Statistics has said the value of manufactured goods traded fell by 36 per cent from N4.51tn in the second quarter...
Lagos, Ogun account for N3.2tr of Nigeria’s N3.7tr production output in H2 2021
According to the latest data released by the Manufacturers’ Association of Nigeria (MAN), Lagos and Ogun industrial zones are responsible for 86 per cent...
Nigerian manufacturers lament rising cost of production, forex scarcity
The Manufacturers Association of Nigeria (MAN) has bemoaned the upsurge in the cost of production, which it said was affecting its output rate.
It noted...
NOA urges Nigerians to patronise locally made products
The State Director, National Orientation Agency (NOA) in Anambra, Mr Charles Nwoji, has called on Nigerians to drop their preference for foreign goods and...
Lagos tops list in investment at $87 billion — NIPC
The Nigerian Investment Promotion Commission (NIPC) has announced that Nigeria has received $23.30 billion in investment announcements for the year 2021, an increase of...