Dangote Peugeot Automobiles Nigeria Limited (DPAN) has started assembling vehicles in Nigeria, beginning with the Land Trek, 3008, 5008 and the new 508. The assembly of Peugeot vehicles comes nearly four years after joint owners Dangote Group received approval from the Nigerian regulator after previously expressing interest in the former Peugeot plant, now known as…
Gov. Babajide Sanwo-Olu of Lagos State on Tuesday said that timely completion of Lekki Port would put an end to the intractable Apapa gridlock. Sanwo-Olu said this at the Opening Ceremony of the Africa Business Convention, organized by Business Day Newspaper at Victoria Island. He said that the completion of Lekki Port would ease the…
The Manufacturers Association of Nigeria (MAN) has expressed worry that the new e-invoicing guidelines by the Central Bank of Nigeria may stop manufacturers from deriving maximum value from their exports. MAN noted in a statement that the new regulation was aimed at achieving a near-accurate value of imports and exports in Nigeria. It said, “It…
Standard Organization of Nigeria (SON) has reiterated its willingness to collaborate with any company serious about building a tyre manufacturing factory in Nigeria The Director-General SON Mallam Farouk Salim made this known during an oversight inspection of substandard goods seized across the country by SON’s Surveillance, Intelligence and Monitoring Unit (SIM) and the Inspectorate and…
