INDUSTRY

Naira eased 1.1 per cent on the parallel market on Tuesday, as customers trying to hedge against likely currency depreciation when the Central Bank of Nigeria (CBN) clarifies its new forex policy, snapped up every available dollar from retail outlets. The naira was quoted at 361 to the dollar on...

The British American Tobacco Nigeria Foundation, (BATNF), has received further commendations for its efforts in enhancing farming practices among smallholder farmers in rural communities across Nigeria. The Foundation's interventions have reportedly created unique opportunities for smallholder farmers, enabling them to better contend with farming challenges such as lack of capital...

 The Bank of Industry (BoI) said it has disbursed N95 billion to 400 enterprises in the first half of 2016. This is line with its commitments to rev up its operations in support of Federal Government's policies and programmes as well as those of state governments partnering with the bank....

Unless urgent steps were taken by the Federal Government to tackle the growing power challenges in the country, some manufacturing firms might go under due to high cost of production. Managing Director of May & Baker Nigeria Plc, Nnamdi Okafor, who raised the fear during a media chart with Industry...

By our Correspondent  Standards Organisation of Nigeria (SON) has started the effort towards standardizing measurement accuracy in all the goods produced in Nigeria in compliance with the internally acceptable measurement standards. It was revealed that lack of accuracy in the standard measurements of most of the Nigerian products led to...