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Smuggling of textile materials costs Nigeria $4bn annually – CBN Gov

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By Tony Obiechina, Abuja The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Tuesday disclosed that smuggling of textiles goods alone...

Central Bank moves to revive textile sector, involves Armed Forces, others

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Textile Factory The Central Bank of Nigeria (CBN) has made a move towards reviving textile industry in Nigeria by facilitating the signing of two memoranda...

Nigeria spends $4b annually on textile importation

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Textle mill The Nigerian Textile Manufacturers Association (NTMA) has said the country spends $4 billion annually to import textiles and readymade cloths. The Director-General of the...
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