Nigeria
Middle East and Africa
Nigeria to Revive Textile Industry, Vice President Tells ICAC Delegation
Nigeria is taking strategic steps to revive its textile industry in a bid to boost job creation, Vice President Kashim Shettima recently informed a visiting delegation from the International...
Economy News
Nigeria’s Inflation Hits 29.90%, Reaches Highest Level Since Mid-1996
According to recent data released by the National Bureau of Statistics, Nigeria's headline inflation rate surged to 29.90%...
Middle East and Africa
Obasanjo Advocates Ban on Chinese Adire Imports and Revival of Nigeria’s Textile Industry
Former President of Nigeria, Chief Olusegun Obasanjo, has called upon the Federal Government to implement a ban on...
Africa
Elnoor Global : A young Textile Company in Nigeria with Big Dreams …
Interview with Muhammad Nuruddeen Adam, Chairman at Elnoor Global Nigeria
Elnoor Global Company's history and it’s a success story...
Africa
No Fewer than 120 Textile Companies in Nigeria have Ceased to Exist
This after the government pumped billions of public funds to rescue them. The Nigerian government has floated a...
Nigeria’s Zamfara state to boost cotton production
The Zamfara state government in Nigeria recently received approval from the Central Bank of Nigeria (CBN) to finance 60,000 cotton and rice farmers, according...
Nigeria CBN to fund 1.6 mn cotton farmers this season
The Central Bank of Nigeria (CBN) will fund 1.6 million farmers in the 2020 wet season to help raise farm output. The apex bank...
Nigeria: As CBN Targets 300,000 Cotton Farmers
Cotton stands out as the most important fibre material for Nigeria's textile industry. The production of the cash crop in Nigeria, however, suffered a...
Nigeria Targets N5.089 Billion Investment on shoe and garment factories
The Nigerian government is targeting N 5.089 billion from the partnership with the private sector to revive the garment and leather industries. Director general...
Ban imported Aso-Oke: First Lady of Nigeria’s Ekiti state
First Lady of Nigeria’s Ekiti state Bisi Fayemi recently urged the government to ban imported ‘Aso-Oke’ fabric from China and revive the nation’s textile...
First Bank partners Africa Fashion Week, promotes growth of small businesses
First Bank of Nigeria Limited has sponsored the sixth edition of the Africa Fashion Week, Nigeria a measure met to promote the growth of...
CBN, Nigerian governors agree to develop agri sector
The Central Bank of Nigeria (CBN) and governors of 36 Nigerian states recently agreed to pool resources to develop their agricultural potential and generate...
Nigeria to produce 450,000-metric tons of cotton in 3 yrs
Nigeria has set a target to produce up to 450,000 metric tonnes of cotton in three years as part of efforts to revive the...
Acute cotton shortage cripples Nigeria’s revamped Rivatex
Nigeria’s Rivatex textile factory, revamped at a cost of Sh6 billion, is operating below capacity due to acute shortage of cotton, according to its...
Nigerian president assures textile workers of job creation
Nigerian President Muhammadu Buhari recently assured the National Union of Textile, Garment and Tailoring Workers (NUGTW) of more jobs, which is now a priority...