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 …
Manufacturing
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BusinessEconomyGOVERNMENTManufacturingPoliciesTrade and Commerce
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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 …
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BusinessBusiness InsightsManufacturingNewsNigeria
Unilever Nigeria Grows Q1 2025 Profit by 65%, Signals Strong Outlook for the Year
Unilever Nigeria Plc has posted a profit after tax of N5.6 billion for the first quarter ended March 31, 2025, showing a 65 per cent increase from N3.4 billion recorded …
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AfricaBusinessBusiness InsightsHealthcareManufacturingMarketsNewsNigeria
Neimeth Grows Q1 2025 Profit by 49%, Eyes Return to Dividend Payments
Neimeth International Pharmaceuticals Plc has recorded a 49 per cent rise in profit after tax in the first quarter of 2025, showing a promising turnaround for the company as it …