The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to introduce annual local content benchmarks for public procurement across key industries such as automobiles, textiles, pharmaceuticals, and …
Government Policy
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BusinessGovernment PolicyManufacturingTrade
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DevelopmentDigital EconomyEconomyEmploymentGovernment PolicyLabourMarketsYouth Empowerment
FG Launches National Job Centre Project to Boost Employment and Labour Market Efficiency
The Federal Government has unveiled the National Job Centre Project, a nationwide initiative aimed at connecting skilled Nigerians with decent job opportunities and strengthening the country’s labour market infrastructure. The …
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BusinessEconomyFinanceGovernment PolicyLawNigeriaPublic ServicesRegulationTaxation
Nigeria’s New Tax Law Takes Effect in 2026, Sets N800,000 Income Threshold and N100 Million Turnover for Companies
Nigeria’s new tax reform law has been officially signed and will take effect from the 2026 fiscal year. The new law introduces several changes aimed at improving compliance, easing the …
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Consumer AffairsEconomyEnergyGovernment PolicyMarketsNigeriaOil & GasPetroleum
Ekpo Orders Clampdown on Cooking Gas Hoarders as Prices Double Nationwide
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has directed regulatory agencies to clamp down on marketers hoarding or exploiting consumers following the recent sharp rise in the …
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Eastern AfricaEconomyFinanceGovernment PolicyInternational Relations
IMF Team Arrives in Nairobi for Talks on New Program with Kenya
An International Monetary Fund (IMF) staff team is set to arrive in Nairobi on September 25 for a two-week mission to open discussions with Kenyan authorities on a potential new …
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EconomyGovernment PolicyManufacturingSecurityTrade
Nigeria Spent N804bn on Arms Imports in Five Years Despite Push for Local Production
Nigeria has spent about N804.10 billion on arms and ammunition imports between 2020 and the second quarter of 2025, according to new data released by the National Bureau of Statistics …
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African EconomyDevelopmentEconomic DevelopmentEntrepreneurshipGlobal DevelopmentGovernment PolicyIndustrial DevelopmentInnovationTechnology
The Rise Of Local Manufacturing In Nigeria : Can we Finally Compete Globally?
The hum of machines and the clatter of production lines are no longer confined to industrial hubs in Europe or Asia. Across Nigeria, local manufacturers are quietly ramping up operations, …
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BusinessEconomyGovernment PolicyInflationManufacturingRegulationTrade
Manufacturers Oppose FG’s Plan to Introduce Tax Stamp System on Excisable Products
The Manufacturers Association of Nigeria (MAN) has cautioned the Federal Government against the planned introduction of a Tax Stamp System on excisable products, warning that the policy would worsen inflation, …
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Capital MarketCryptocurrencyFinanceFintechGlobal DevelopmentGovernment PolicyInternational
UK, US Launch Transatlantic Taskforce to Boost Capital Market Access and Crypto Regulation
The governments of the United Kingdom and the United States have set up a new body to reduce barriers for companies trying to raise funds in both countries’ capital markets …
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DevelopmentEconomyGhanaGovernment PolicyInfrastructureMaritime
Ghana to Begin Feasibility Studies for Coastal Water Transport System
The Government of Ghana will soon begin feasibility studies for the development of a Coastal Water Transport System as part of plans to complement the country’s road transport network. The …