Sunday, April 28, 2024
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Tag "Manufacturers"

FG floats new platform to monitor import duty exemptions

    FG floats new platform to monitor import duty exemptions

The federal government has launched a new initiative to monitor import duty exemptions in the country. The initiative is called the ‘Incentive Monitoring and Evaluation Platform (IMEP). Wale Edun, minister

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Shettima: FG will support manufacturers with N75bn to boost non-oil exports

    Shettima: FG will support manufacturers with N75bn to boost non-oil exports

Vice-President Kashim Shettima says the federal government will support local manufacturers with N75 billion by March 2024, in a bid to bolster the manufacturing sector. Shettima disclosed this at the

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Report: Kenyan Central Bank directs banks to ration dollar sales amid scarcity

    Report: Kenyan Central Bank directs banks to ration dollar sales amid scarcity

The Central Bank of Kenya (CBK) has directed commercial banks in the country to ration dollar sales following a shortage of the US currency.  The apex bank’s move is to

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Manufacturers lament hardship, demand policy review on forex allocation

    Manufacturers lament hardship, demand policy review on forex allocation

Manufactures in Nigeria have asked the Central Bank of Nigeria (CBN) to review policies around the allocation of foreign exchange. In February 2020, the CBN added milk and dairy products

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