Some African distillers are now turning traditional drinks into modern, premium products that are catching international attention. These new players in the global market are not only rebranding age-old local …
Manufacturing
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AfricaAgricultureBusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyGOVERNMENTINVESTMENTManufacturingPoliciesTrade and Commerce
NASSI Partners Dangote Group to Boost Investment in Nasarawa State
The Nasarawa State Chapter of the Nigeria Association of Small-Scale Industrialists (NASSI) has entered into a partnership with Dangote Industries Limited to explore new investment opportunities and boost industrial development …
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AgricultureBusinessBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyManufacturing
Dangote Sugar Plans 75,000 Jobs Despite N192.6bn Loss in 2024
Dangote Sugar Refinery Plc has announced plans to generate over 75,000 jobs within its sugar value chain as part of its long-term growth strategy, even as the company recorded a …
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BusinessBusiness InsightsEconomyManufacturingNigeriaPolicies
Manufacturers Warn Against Return of 4% FOB Levy, Say Policy Threatens Nigeria’s Industrial Future
The Manufacturers Association of Nigeria (MAN) has raised the alarm over a proposed reintroduction of the suspended 4% Free-on-Board (FOB) levy by the Nigeria Customs Service (NCS), warning that the …
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AfricaBusiness InsightsEconomyInternational RelationsINVESTMENTManufacturingNigeriaPoliciesSouth AfricaSpotlightTrade and Commerce
Trump’s Tariff War Shakes African Economies, Sparks Fresh Push for Trade Alternatives
The recent trade decision by United States President Donald Trump is now causing serious economic pressure across Africa. President Trump, under his “Liberation Day” trade policy, has introduced fresh tariffs …
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AFRICA NEWSBusinessBusiness InsightsEconomyFinance & ServicesManufacturingMarketsNigeria
Guinness Nigeria Bounces Back with N6.7bn Profit in Nine Months
Guinness Nigeria Plc has bounced back into profitability, posting a profit after tax of N6.72 billion for the nine months ended March 31, 2025. This is a major turnaround for …
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BUA Cement Plc has posted a revenue of N290.8bn for the first quarter ended March 31, 2025, marking a massive increase of 80.5 per cent compared to the N161.1bn it …
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BusinessDevelopmentEconomyInfrastructureManufacturing
FG eyes steel import reduction with Ogun plant
The Federal Government has moved to cut Nigeria’s $4 billion yearly steel import bill with the groundbreaking of the $400 million Stellar Steel Plant owned by Inner Galaxy Group. The …
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The Federal Government has placed a ban on the importation of oil pipelines into Nigeria. The Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri, made this known on Thursday during …
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AfricaEconomyGOVERNMENTInternational RelationsManufacturingPoliciesTrade and Commerce
Trump slaps tariffs on Africa as he hails ‘Liberation Day’
Former U.S. President Donald Trump has once again stirred global trade waters by introducing heavy new tariffs that affect countries across Africa, as part of what he calls his “Liberation …