Manufacturing
Nigeria Attracts $5bn in New Investments, Manufacturing and Fintech Lead Growth at Lagos Trade Fair
Nigeria has secured over $5 billion in new investments across manufacturing, fintech, and energy sectors, signaling renewed investor confidence in the country’s economic...
Ogun MAN Champions Alternative Finance Models to Revive Nigeria’s Manufacturing Sector Amid Economic Strain
In light of Nigeria’s challenging economic climate, George Onafowokan, Chairman of the Manufacturers Association of Nigeria (MAN), Ogun State Branch, has called on...
Nigeria’s Manufacturers Bleed as Energy Crisis Drives Alternative Power Bills to N1.11 Trillion
The resilience of Nigeria’s manufacturing sector is being severely tested as crippling grid failures and escalating energy costs force businesses to shoulder an...
Nigeria Targets Solar Panel Self-Sufficiency Amidst N200bn Import Costs
Nigeria is intensifying its push for domestic solar panel manufacturing, aiming to curtail the staggering N200 billion spent on imports, according to the...
Nigeria’s Export Potential Hindered by Quality, Packaging, CBN Says
The Central Bank of Nigeria (CBN) has pinpointed critical shortcomings in product quality, packaging, and branding as significant barriers to unlocking the nation’s...
Afreximbank Launches $300M Export Initiative Across Nigeria, Bolstering Industrial Growth
In a significant move to galvanize Nigeria’s non-oil export sector, the African Export-Import Bank (Afreximbank) has unveiled plans for a $300 million export...
Elevating ‘Made-in-Aba’: Nigeria’s Push for Product Standardisation
The Standards Organisation of Nigeria (SON) is intensifying its efforts to enforce rigorous quality benchmarks, particularly focusing on the widely recognized ‘Made-in-Aba’ brands....
Dangote Refinery Commences Polypropylene Production, Set to Transform Domestic Market
Dangote Oil Refinery has initiated the startup of its polypropylene facility in Lagos, signaling a transformative shift in the domestic market for plastics...
Manufacturers’ Confidence in Nigeria: A Delicate Balance Between Optimism and Reality
The Nigerian manufacturing sector finds itself at a critical juncture. While a slight improvement in confidence emerged in the fourth quarter of 2024,...