Shareholders of Berger Paints Nigeria Plc (BPN) have approved a total dividend payout of N1.20 per share for the 2024 financial year, signalling confidence in the company’s performance and leadership. …
Manufacturing
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Arts & CultureBusinessFinance & ServicesGOVERNMENTManufacturingMarketsNewsNigeriaTechnology
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AgricultureBusinessEconomyInfrastructureINVESTMENTManufacturingTrade and Commerce
Dangote Group Partners with Niger State to Boost Rice Production, Launches Multi-Billion Naira Rice Mill Project
The Dangote Group has launched a multi-billion naira agricultural partnership with the Niger State Government, marking a significant step towards enhancing rice production and securing food self-sufficiency in Nigeria. Announced …
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BusinessEconomyGOVERNMENTManufacturingPoliciesTrade and Commerce
Innoson Boss Backs Nigeria-First Policy, Says It Will Revive Local Industry and Attract Global Investors
Founder of Innoson Vehicle Manufacturing Company Ltd (IVM), Chief Innocent Chukwuma, CON, has applauded the Federal Government’s newly approved Nigeria-First policy, stating that it has the potential to transform Nigeria’s …
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DevelopmentEconomyGOVERNMENTInfrastructureManufacturingPoliciesTrade and Commerce
FG to Establish Industrial Hubs in Kano, Abia, Lagos, and Ogun to Boost Nigeria’s Manufacturing Sector
The Federal Government of Nigeria has announced plans to establish industrial hubs in Kano, Abia, Lagos, and Ogun states as part of its strategy to drive economic transformation and industrialisation …
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BusinessEconomyGOVERNMENTInnovationManufacturingNigeriaTrade and CommerceTransportation & Logisitics
Nigerian Auto Dealers Cry Out as Car Prices Soar and Sales Crash
The Nigerian automotive industry is in crisis, with dealers lamenting the near-collapse of car sales due to soaring vehicle prices and lack of supportive government policies. Automobile dealers say prices …
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AfricaAgricultureBusinessDevelopmentEconomyGOVERNMENTManufacturingTrade and Commerce
FG to Launch Industrial Hubs in Kano, Abia, Lagos, and Ogun to Drive Full-Scale Industrialisation
The Federal Government has announced plans to establish new industrial hubs in four states as part of a broader strategy to boost Nigeria’s economy through manufacturing and innovation. This was …
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AfricaBusinessDangote IndustriesDevelopmentEconomyEnergyInfrastructureINVESTMENTLeadershipManufacturingNigeria
Dangote Picks Nigeria Over Global Tech Giants, Builds $19 Billion Refinery to Boost Economy
Aliko Dangote, Africa’s richest man and chairman of the Dangote Group, has been praised by the Nigerian government for prioritising national development over foreign wealth opportunities. At a time when …
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AfricaAFRICA NEWSBusinessBusiness InsightsCentral AfricaDangote IndustriesEconomyManufacturingNigeriaSouthern AfricaTrade and CommerceWestern Africa
Dangote Partners Vinmar to Export Polypropylene from Lagos Plant
Dangote Petroleum Refinery and Petrochemicals has entered into a new partnership with Vinmar Group, a global petrochemicals distribution company, to take Dangote’s polypropylene products to international markets. This move comes …
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AfricaBusinessDevelopmentEconomyEntrepreneurshipInnovationINVESTMENTManufacturingNigeria
TAG Expands Support for African SMEs and Creatives, Targets Scalable Impact
TAG, an independent advisory and investment management firm, has reaffirmed its commitment to driving Africa’s economic growth by partnering with development finance institutions and ecosystem enablers to support small and …
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EconomyEnergyINVESTMENTManufacturingManufacturing & Consumer GoodsMarketsNigeria
Nigeria’s Brewery Sector Records N1.9tn Revenue in 2024, Signals Recovery Despite High Costs – Afrinvest
Nigeria’s brewery industry bounced back in 2024 with a remarkable 71.8 per cent year-on-year rise in revenue, hitting ₦1.9 trillion. This performance exceeded the earlier forecast of 39.2 per cent …