Nestlé Nigeria Plc has bounced back to profitability in the third quarter of 2025, recording a pre-tax profit of N39.6 billion, marking a sharp turnaround from the N2.9 billion loss …
Manufacturing
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BusinessCorporate EarningsEconomyFinancial InclusionFood ProductionManufacturingMarkets
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BusinessEconomyGovernment PolicyINVESTMENTManufacturingTrade
Abia State, Abuja Chamber Invite Turkish Investors Ahead of Abia-Türkiye Investment Summit
The Abia State Government, in partnership with the Abuja Chamber of Commerce and Industry (ACCI), has called on Turkish investors to take advantage of the vast business and investment opportunities …
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BusinessCapital MarketCorporate EarningsManufacturingNigeria
Nigerian Breweries Records N1.04tn Revenue in Nine Months, Posts 157% Profit Growth
Nigerian Breweries Plc has announced a Group Revenue of N1.04 trillion for the nine months ended September 30, 2025, representing a 48 per cent increase from the N703 billion recorded …
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BusinessCapital MarketCorporate EarningsEconomyManufacturingManufacturing & Consumer Goods
Guinness Nigeria Returns to Profit with N26.3bn Earnings in 15-Month Period
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 …
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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 …