Imports choke textile industry, rise to N1.1trn in two years
Nigeria’s dependence on imported textile materials has almost tripled with importation surging by 181 per cent in two years to N1.08 trillion in 2025 from N377.47 billion in 2023, despite repeated efforts to revive the oncethriving local textile industry.
Lafarge counsels block makers on quality
Lafarge Cement WAPCO Nigeria Plc has advised block makers in the country to adhere to modern and international best practice in block making, in order to reduce danger of building collapse.
NHF collections hit N134.1bn
A total sum of N134.1 billion has been collected under the National Housing Fund (NHF) since inception in 1992
WEF: Huawei to train 10,000 Africans
Global information and communications technology (ICT) solutions provider, Huawei, has unveiled a capacity building initiative that will see it providing training to 10,000 people across the African continent over the next five year
Fallout of WEFA: The new investments to come, by experts
The initiative by the Federal Government of Nigeria to host World Economic Forum (WEF) Africa, despite the security challenges in the country, to many experts, is a welcome development
WEFA: ‘The road to economic prosperity’
government should have addressed the fundamental problems facing Nigeria as a country before hosting the forum to seek influx of foreign investments to the country. This implies nipping security challenges on the bud to ensure relative economic stability, capable of attracting foreign investments. When Shell and Chevron came to Nigeria nobody begged them to come and invest.
