Nigeria’s textile imports rose sharply to N814.27bn in the first nine months of 2025, raising fresh concerns over the effectiveness of the Federal Government’s repeated claims that it is reviving …
Nigeria’s manufacturing sector generated N9.16tn in nominal terms in the third quarter of 2025, but industry leaders say the growth remains too weak to support broad economic development. The latest …
Nigeria’s private sector recorded a rise in new orders in November, reaching the highest level in three months as inflationary pressures continued to ease. This is according to the latest …
The Manufacturers Association of Nigeria has warned that the country’s unreliable and expensive electricity supply continues to frustrate industrial growth, as manufacturers spent N676.6bn on alternative energy in the first …
Nigeria imported raw materials worth N1.72tn from Asia in the first half of 2025, according to new figures released by the National Bureau of Statistics. The number shows how strongly …
Dangote Sugar Refinery Plc has posted a revenue of ₦626.24 billion for the nine months ended September 30, 2025, representing a 29 per cent increase from ₦484.43 billion recorded in …
The Manufacturers Association of Nigeria (MAN) has commended the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major boost for the country’s …
The Federal Government has signed a landmark $400 million joint strategic cooperation agreement with Stellar Steel Company Limited to establish a state-of-the-art steel plant in Ewekoro, Ogun State, in a …
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 …
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’ …