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Lack of raw materials, poor infrastructure, affect business in Nigeria — Lifemate – Daily TrustOne of the leading furniture manufacturing companies in Nigeria, Lifemate Nigeria Limited, has identified increase in the prices of raw materials, poor infrastructure and unfavourable government policies as challenges the Chinese company are facing in Nigeria. In an exclusive chat with Daily Trust newspaper at the ongoing 2018 Lagos International Trade Fair in Lagos yesterday, …
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FEPSAN eyes export market as FG restricts fertiliser import – Daily TrustThe executive secretary, Fertilizer Producers Association of Nigeria (FESPAN), Ahmed Rabiy Kwa, has disclosed that very soon, Nigeria will begin to export NPK fertilizer, saying that only 30 per cent of raw materials are presently being imported to blend NPK. Speaking at a one-day productivity improvement training for 80 registered distributors, Kwa said the aim …
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CBN injects $299m, CYN143.60m into forex market – Daily TrustThe Central Bank of Nigeria (CBN) on Friday made an intervention of $299.82m into the retail secondary market intervention sales (SMIS) and CYN143.60m in the spot tenured forwards segment of the inter-bank foreign market. The Director, Corporate Communications Department, Isaac Okorafor, in a statement said the intervention was for requests in the agricultural and raw …
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