Business

Manufacturers deepen local raw materials sourcing, up 11% in 3yrs

Manufacturers deepen local raw materials sourcing, up 11% in 3yrs

By Yinka Kolawole Nigeria’s manufacturing sector recorded a steady increase in the use of locally sourced raw materials between 2021 and 2024, with the share rising from 51.5 per cent in 2021 to 57.1 per cent in 2024, as foreign exchange pressures, naira depreciation and rising import costs pushed manufacturers towards domestic alternatives. Data from […]
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We are not left out in global trend of development—Tecno

We are not left out in global trend of development—Tecno

As battle for supremacy in the mobile phone market intensifies, Tecno mobile says it’s not left out in the global trend of unique brand development, affordability and improvement, as it plans to build plant in Nigeria in 2015.

Grenada eyes mutual trade ties with Nigeria

Grenada eyes mutual trade ties with Nigeria

Special Advisor to Ambassador Peter De Savary of Inward Investment, Grenada, Richard Hallam has disclosed his country’s readiness to establish a mutual trade ties with Nigeria noting that the relationship would give both countries the opportunity to share and benefit from trade and commerce agreement.