Business Industry Manufacturing News

Stakeholders advocate increased local production to strengthen Naira amid volatility

As the Naira grapples with ongoing volatility, stakeholders are urging a boost in local production of goods and services as a key strategy to fortify the currency. The News Agency of Nigeria (NAN) highlights the recent breach of the N1,000 to the dollar threshold at the parallel market, coupled with significant weakening at the official Read More…

Business Featured Trade

LADOL boss says local production is key to servicing trade in AfCFTA

Dr Amy Jadesimi, Managing Director of Lagos Deep Offshore Logistics (LADOL) base, a logistics and engineering facility, says local production is key to servicing trade in the African Continental Free Trade Area (AfCFTA) agreement. Jadesimi said in Lagos on Friday that the trade should not just be about importing from wealthy countries and distributing them Read More…

News

Lagos supports local production of metres to boost power supply

The Lagos State Commissioner for Energy and Mineral Resources, Mr Olalere Odusote, says the state is supporting local production of metres to enhance power capacity in the state. Odusote made this known on Wednesday, while discussing Gov. Babajide Sanwo-Olu’s administration plans for Energy and Power supply on an online show tagged: ”Covinspiration”. It was moderated Read More…