NAAFDAC boost SME with 50% cut on Registration fee

The National Agency for Food, Drug Administration and Control (NAFDAC) says it has waived 50 percent on the registration fee for locally manufactured products to promote Small and Medium Scale Enterprises (SMEs). The NAFDAC spokesperson, Dr. Abubakar Jimoh, told newsmen in Abuja on Friday that the measure would go a long way to promote economic … Continue reading NAAFDAC boost SME with 50% cut on Registration fee

Formlabs announces a new desktop technology as it moves into 3D printing to aid manufacturing

3D printing startup Formlabs is using its Digital Factory conference today to make its two biggest announcements since launching the Form 1 on Kickstarter half a decade back. Both are pretty logical extensions for a company that’s always straddled the line between desktop and industrial 3D printing, by offering pro-level high-res printing in a portable/affordable form … Continue reading Formlabs announces a new desktop technology as it moves into 3D printing to aid manufacturing

How to revive the ailing Manufacturing Sector in Nigeria

Everything (in Africa) from cornflakes to pots is foreign made from Europe or Asia. Africa supporters say that the fall in ware costs is a measurement of frightful however important solution. The way they see it, falling monetary forms will drive up the cost of imports, and governments should open up to speculation and decrease … Continue reading How to revive the ailing Manufacturing Sector in Nigeria

2017 Budget has favoured the SME

Enugu Coalition of Business and Professional Associations (ECOBPA) has lauded the Federal government for various provisions in the 2017 Budget {designed} to facilitate the growth of Small and Medium Enterprises (SMEs). The Coordinator,  Emeka Okereke, gave the commendation in an interview with the News Agency of Nigeria (NAN) in Enugu on Friday. Okereke commended the … Continue reading 2017 Budget has favoured the SME

Why PML, ITC Partner to boast Local Manufacturing

PHILIP Morris Small (PML), the countrywide internet marketer of Philip Morris International (PMI) in Nigeria has came into a business relationship with International Cigarette Company Small (ITC) to produce one of PMI's leading brands in Nigeria. Under this arrangement, PML will be buying technology and capacity building at ITC's manufacturing plant, creating additional occupations and … Continue reading Why PML, ITC Partner to boast Local Manufacturing

166Billion Naira pumped into Nigeria Economy in 6 months

Irrespective of} dollar scarcity in 2016, Nigerian manufacturers were still able to invest N165. 61 billion into the Nigerian economy between January and June of the same year, latest reviews obtained show. According to the statement released by the Manufacturers Association of Nigeria (MAN), the Ogun Industrial Area is still the investors' favorite, as manufacturers … Continue reading 166Billion Naira pumped into Nigeria Economy in 6 months

Guide to Chemical based Production in Nigeria

Introduction The chemical industry in any country usually has the greatest business opportunities. In Nigeria, the opportunities in the chemical production and business is immeasurable and very vast that less than 6% of it has been tapped. This is in contrast to developed countries as United States, Uk, Canada and Asian countries whom have a … Continue reading Guide to Chemical based Production in Nigeria