Steel Importation: Manufacturers To Cut 20,000 Jobs   NO fewer than 20,000 jobs would be axed in the iron and steel sector if the Federal Government fails to address the influx of substandard galvanised roofing sheets into the country. The umbrella body in the sector, the Galvanised...

NEPC Kickstarts Certification Training For Manufacturers, Exporters   The Nigerian Export Promotion Council has commenced training on international certification for members of the Organised Private Sector in line with its Go Global, Go for Certification initiative. The council stated that this was aimed at enhancing global market...

Manufacturers Seek Steady Gas Price To Boost Production   The Manufacturers Association of Nigeria (MAN) has called on the Federal Ministry of Petroleum Resources to immediately address challenges encountered by manufacturers with the pricing of gas. The association noted that the average price of gas globally ranges...

As Electricity Supply Improves, Manufacturers Spend N43bn On Alternative Energy Source With electricity supply, particularly from the distribution companies remaining at an average of nine hours a day in the first half (H1) of 2018, local manufacturers’ expenditure on alternative energy source stood at N43.19...

BoI Loans: Manufacturers, Others To Receive N171bn In 9months   Between January and September this year, a total of N171bn was disbursed by the Bank of Industry as loans to various sectors of the economy. The amount represents an increase of N90bn over the N81bn, which the...

Manufacturers Receives N2tn Loans From Banks In A Year A total of N2.01tn was granted as loans by the Deposit Money Banks to the manufacturing sector within one year covering July 2017 to June 2018, an analysis of the banking sector credit report of the...