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 …
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 …
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 …
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, …
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, …
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 …
Axxela Integrated Power has signed a Power Purchase Agreement with Evans Industries Limited, one of Nigeria’s leading manufacturers of home and personal care products, in a move designed to improve …
Nigeria’s manufacturing sector has been described as a crucial pillar of the economy, with recent data showing that the nation’s packaging market alone is valued at about $2.5 billion. This …
Kenya’s trade relationship with China has continued to grow, but figures released for the first quarter of 2025 show that the balance remains heavily tilted in favour of Beijing. According …
Nigeria’s private sector recorded stronger growth in August 2025 as improved customer demand and easing inflationary pressures boosted business activity, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ …