Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG
By Yinka Kolawole A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the essential foundations to become Africa’s industrial powerhouse but must translate its huge market, natural resources and entrepreneurial capacity into competitive production and exports. Yumkella, who identified Nigeria’s financial depth and strategic position within […]
Africa needs to double infrastructure investment – report
Africa must double its spending on infrastructure over the coming years, the Infrastructure Consortium for Africa (ICA) said on Thursday, warning that overall investment in transport, energy, water and IT/communications fell back last year.
Nigeria enters league of steel exporters
THERE is strong indication that after cement, Nigeria’s steel industry is the next sector to watch as African Industries Group, the largest steel manufacturer in the country, has started exporting the product to Morocco, Egypt and Ghana.
Credit availability rises in Q3’17 — CBN
THE Central Bank of Nigeria, CBN, has disclosed that the availability of credit to the corporate and households sectors increased during the third quarter (Q3) of 2017, while projecting further increase in the last quarter of the year (Q4).
Over regulation of tobacco industry harmful to society — Expert
Over regulation of tobacco industry will deprive manufacturers of their social responsibilities to society, such as funding cancer research in health institutions, smoking cessation programmes and others.
Emirates Airlines says Nigerian market exciting, adds new route
NEW Emirates Regional Manager, Afzal Parambil, has described Nigerian aviation market as exciting even as the airlines has opened new routes.
