Guinness Nigeria Plc has bounced back to profitability, reporting a profit after tax of N26.3bn for the 15-month financial period ended September 30, 2025. The brewer made this known in …
Manufacturing
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BusinessCapital MarketCorporate EarningsEconomyManufacturingManufacturing & Consumer Goods
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BusinessGovernment PolicyManufacturingTrade
Manufacturers Association Urges FG to Set Annual Local Content Targets in Key Sectors
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 …
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AgricultureBusinessEconomyManufacturingPoliciesTrade
CPPE Urges FG to Boost Agriculture, Manufacturing and Trade to Turn Growth Into Jobs
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to urgently step up interventions in agriculture, manufacturing, construction, real estate, and trade in order …
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AgricultureBusiness GrowthEconomic PolicyEconomyIndustrial DevelopmentManufacturingSMEs
Can Localization Drive Nigeria’s Industrial Resilience?
Across Lagos, Kano, and Port Harcourt, the chatter in factories, workshops, and tech hubs carries a common question—can Nigeria truly rely on local production to withstand global shocks? The past …
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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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BusinessEconomyInfrastructureManufacturingPoliciesTrade
Nigeria’s Manufacturing Sector Faces Further Decline Amid Port Inefficiencies
Nigeria’s manufacturing sector has continued to experience slow growth, with fresh figures from the National Bureau of Statistics (NBS) showing that the sector declined further in the second quarter of …
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BusinessEconomyEnergyManufacturingTechnologyTrade
Eterna, Castrol Push for Growth and Anti-Adulteration in Nigerian Lubricant Market
Eterna Industries Limited, the authorised distributor of Castrol products in Nigeria, has intensified engagement with lubricant distributors across the country in a bid to accelerate business growth and curb the …
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EconomyEnergyManufacturingOil & Gas
DICON, Oida Energy to Build Nigeria’s First Oilfield Shaped Charge Factory
The Defence Industries Corporation of Nigeria (DICON) has signed a Memorandum of Understanding (MoU) with Oida Energy Limited to set up Nigeria’s first oilfield shaped charge manufacturing facility. The deal, …
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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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EconomyGhanaManufacturingPoliciesTradeWestern Africa
AGI Urges Smooth Transition from 1D1F to 24-Hour Economy Policy
The Association of Ghana Industries (AGI) has urged the government to ensure a seamless transition for companies that benefited from the One District, One Factory (1D1F) initiative into the new …