Key players in Nigeria’s manufacturing industry have renewed calls for decisive government action to unlock the country’s production potential, stressing that economic revival is impossible without strong policy frameworks, legal …
local manufacturing
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BusinessBusiness and EconomyEconomyInfrastructureManufacturingManufacturing & Consumer GoodsNigeriaPoliciesTrade and Commerce
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DevelopmentEnergyManufacturingNigeria
Meter Manufacturers Reject Chinese Contracts, Urge FG to Back Local Industry
The Association of Meter Manufacturers of Nigeria (AMMON) has raised strong objections to the continued award of meter supply contracts to Chinese companies, despite Nigeria’s robust local production capacity. In …
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BusinessEconomyFood ProductionInnovationManufacturing & Consumer GoodsMarketsNigeria
GBFoods Launches Five New Products to Enrich Nigerian Cuisine and Support Food Vendors
In a move to further cater to the diverse culinary preferences of Nigerian consumers, GBFoods Nigeria has unveiled five new products aimed at enhancing meal experiences while offering convenience and …
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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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BusinessEnergyEnvironmentGOVERNMENTInnovationTechnology
NADDC Commends SAGLEV for Pioneering Electric Vehicle Assembly in Nigeria
The National Automotive Design and Development Council (NADDC) has commended SAGLEV Electromobility Nigeria Limited for pioneering electric vehicle (EV) manufacturing in Nigeria, describing the company’s facility as the first fully …
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AgricultureBusinessEconomyEnergyInternational RelationsINVESTMENTNigeriaPoliciesTrade and Commerce
Akpabio, Others Say Africa Must Stop Exporting Raw Materials Without Value Addition
Senate President Godswill Akpabio has joined other key stakeholders to call on African countries to stop the practice of exporting raw materials without adding value. They said Africa must move …
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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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BusinessBusiness and EconomyBusiness InsightsBusiness PoliciesEconomyGOVERNMENTManufacturingNigeria
NECA Backs FG’s Buy Made-in-Nigeria Policy, Calls for Strict Implementation
The Nigeria Employers’ Consultative Association (NECA) has expressed strong support for the Federal Government’s new Buy Made-in-Nigeria Procurement Policy, describing it as a timely move to drive industrial growth and …
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BusinessDevelopmentEconomyInfrastructureManufacturing
FG eyes steel import reduction with Ogun plant
The Federal Government has moved to cut Nigeria’s $4 billion yearly steel import bill with the groundbreaking of the $400 million Stellar Steel Plant owned by Inner Galaxy Group. The …
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BusinessBusiness InsightsEconomyFashion & StyleNigeriaTechnologyTrade and CommerceWestern Africa
Nigerian Fashion Industry Attracts Global Attention As Local Production Rises
Stakeholders in the fashion sector say Nigeria is on the verge of a major fashion industry boom, as global investors and designers begin to show serious interest in the country’s …