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.
African Circle receives 12 specialised trucks to curb pollution
As part of efforts to effectively control solid waste pollution from ships and operations in the nation’s ports, management of African Circle Pollution Management Limited (ACPML) has taken delivery of 12 specialised trucks from overseas.
Ondo State throws weight behind FG’s GES
As Ondo state Government disbursed N45 million to fadama communities under Fadama lll programme, the state commissioner for Agriculture, Egnr. Ademola Olorunfunmi has given his nod to the Growth Enhancement Support scheme under Federal Government’s Agriculture Transformation Agenda.
Resourcery, Checkpoint forum tasks govt on IT security
At the end of a one week data security workshop for the public sector in Abuja, organised by Resourcery Plc and its counterparts, Check Point Software Technologies, the Federal Government learned that she was supposed to take the IT security issue as seriously as the national security.
FSDH gets GCR ‘A+/A1’ rating for credit quality, protection
First Securities Discount House, FSDH, has been rated ‘A+/A1’ by an international rating agency, Global Credit Rating Company, GCR, for its high credit quality and long term strong protection factors.
Operators counsel investors on portfolio diversification
Following the protracted bearish trend in the capital market, stockbrokers have reiterated the need for investors to diversify their risk to include equities and other asset classes to cushion the effect of any crash.
