April 04, 2023
Nigeria: NCDMB Performs Groundbreaking for Construction of $7.04bn Pipe Manufacturing Plant in Bayelsa
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote has performed the groundbreaking ceremony of a $7.04 billion pipe… Read more »
February 21, 2023
Nigeria: Yusuff - Mortar Isn't Just About Aesthetics, It Aids Building's Durability
Femi Yusuff is the Head of Mortar, Innovation & New Products Development for Lafarge Africa Plc., where he focuses on the use of Cement, Concrete, and Mortar materials in… Read more »
February 06, 2023
Nigeria: Manufacturing, Agriculture Record Fastest Increase in Production Cost in January - Report
The Purchase Manager Index (PMI) report of the Stanbic IBTC Plc showed that operational conditions in the Nigerian economy has resulted in the fastest input cost for operators in… Read more »
January 31, 2023
Nigeria: Inflation - LCCI Tasks Govt, CBN On Support for Agriculture, Manufacturing
The Lagos Chamber of Commerce and Industry (LCCI) has tasked the federal government and the Central Bank of Nigeria (CBN) to focus more on policies that would provide support to… Read more »
December 27, 2022
Nigeria: 2022 - a Year of Shocks, Threats, Risks for Manufacturers
Year 2022 would be remembered by operators of Nigerian manufacturing sector as a year marked by shocks, risk and turbulence. Read more »
October 04, 2022
Nigeria: N120bn CBN Intervention - Experts Seek Focus On Local Meter Manufacturing
Various stakeholders in the Nigerian power sector have lauded the intervention of the Central Bank of Nigeria (CBN) over its recent N120 billion intervention to close the wide… Read more »
September 05, 2022
Nigeria: Again, Manufacturers Decry Multiple Taxation By Govt Agencies
in Port Harcourt Read more »
September 06, 2022
Nigeria: Manufacturing Declines As Economy Witnessed Highest Inflationary Pressure in August - Report
Economic activities in the manufacturing sector of the Nigerian economy experienced a fall in output levels in August as the productivity of the Nigerian private sector reduced… Read more »
August 08, 2022
Africa: China Embarrassed By Reports of Sub-Standard Goods Imported to Africa - Official
The Chinese Government has said it is embarrassed by reports of substandard products imported into Africa from China. Read more »
Nigeria: Your Plan to Revamp Manufacturing, Agric Sectors Alluring, Entrepreneurs Tell Atiku
Former vice president and the presidential candidate of the Peoples Democratic Party (PDP) in the next general elections, Atiku Abubakar yesterday disclosed that he recently held… Read more »
July 05, 2022
Nigeria: Lifeline for Chibok Girls
To ameliorate the suffering of some rescued Chibok girls, the Chibok Ladies Vocational Tailoring Program was instituted. So far, two batches of 24 trainees have graduated from the… Read more »
June 08, 2022
Nigeria: Leather Industry - Nigeria's Next Cash Cow?
The clamour to make a significant shift from Nigeria's current state of oil dependency has gone on for a while now. Industry giants, astute economists, and many thought leaders… Read more »
Nigeria: Govt Urged to Develop Petrochemical Industries to Support Manufacturing Sector
The Group Managing Director, Daily-Need Group, Oluwatosin Jolayemi, has urged the federal government to focus on developing the petrochemical industry to generate raw materials for… Read more »
May 31, 2022
Nigeria: More Troubles for Manufacturers
The Manufacturers Association of Nigeria has decried the recent monetary policy decision of the Central Bank of Nigeria and appealed the apex bank to reduce the stringent… Read more »
May 13, 2022
Nigeria: Manufacturers Ask Govt for Special Intervention Fund to Boost Local Production
Manufacturers Association of Nigeria (MAN), yesterday, called on the federal government to set up a special intervention fund for them to facilitate access to foreign exchange. Read more »
Nigeria: 117,000 Jobs Lost in Nigeria's Textile Industry in 26 Years - Textile Association
The Nigerian Textile Manufacturers Association (NTMA) has revealed that over 117,000 jobs in the nation's textile industry have been lost in the past 26 years. According to the… Read more »
April 16, 2022
West Africa: Vaccine Production - West African Scientists Converge in Ghana April 20
Medical Laboratory and Research Scientists from across West Africa will on April 20 converge in Accra, Ghanaian to deliberate on how West Africa can build needed local capacity for… Read more »
April 08, 2022
Nigeria: Investing in Tissue Paper Production Business
The Nigerian economy is in a very devastating position today. As of March 2021, Nigeria's total public debt was N33.1 trillion ($87.24 billion) and huge debt profile of over… Read more »
April 06, 2022
Nigeria: Govt to Address Challenges Facing Cotton Industry, Says Minister
The Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo has expressed the determination of the federal government to address challenges facing the cotton industry with… Read more »
April 05, 2022
Nigeria: Bailing the Nigerian Paper Industry
Stakeholders in the paper industry expressed the view that non-wood fibre plants could hold the key to reviving ailing paper industry in Nigeria. Read more »
April 04, 2022
Nigeria: Bua Cement - Revenue Growth, Low Finance Cost Drives Profit
With a 23 per cent increase in revenue and 56 per cent drop in finance cost, BUA Cement Plc grew its profit before tax by 40 per cent as reported in the financial statement for the… Read more »
Nigeria: Cadbury Nigeria Reports N42.37 Billion Turnover in 2021
Cadbury Nigeria Plc, a subsidiary of Mondelēz International, has reported gross earnings of N42.37billion for the full year ended December 31, 2021. Read more »
April 07, 2020
Nigeria: Averting Drug Scarcity in Nigeria
For now, government should remove bottlenecks on drug importation Read more »