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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...
Nigerian Central Bank panel to revive textile firms
The Central Bank of Nigeria (CBN) recently set up a committee to revive the country’s cotton, textile and garment industry following the earlier restriction...
NACOTAN foresees higher cotton production in Nigeria
The National Cotton Association of Nigeria (NACOTAN) is targeting a cotton production output between 240,000 and 300,000 tonnes in 2019, its president Anibe Achimugu...
Nigeria’s new tailoring hub in Osun trains 80 youths
Around 80 youths were for three weeks trained in tailoring and fashion design at Nigeria’s new tailoring hub in Osun. The youths were trained...
Nigeria’s CBN restricts forex sale to textile importers
The Central Bank of Nigeria (CBN) has placed access to foreign exchange (forex) for all forms of textile materials on the Forex restriction list,...
