Latest News Manufacturing

FG, Firm Sign $2Bn Pact To Revitalise Textile Industry

The Ministry of Industry, Trade and Investment and Shandong Ruyi International Fashion Industry have signed a Memorandum of Understanding (MoU) for a $2 billion investment in the nation’s cotton sub-sector with a view to enhancing productivity across its value chains. According to available information provided by the ministry, the deal was one of the 13 […]

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Financial Illiteracy Hampering MSMEs’ Growth – Abubakar

The Minister of State for Industry, Trade and Investment, Hadjia Aisha Abubakar, on Thursday canvassed the need for urgent measures to address the low level of financial literacy among Micro, Small and Medium Enterprises owners in the country. She said that doing so would impact positively on the MSMEs’ sub-sector’s productivity, profitability and contributions to […]