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 …
manufacturing sector
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Capital MarketCorporate EarningsDangote IndustriesManufacturing
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BusinessEconomyFinanceGOVERNMENTINVESTMENTManufacturing
MAN Applauds Nigeria’s Removal from FATF Grey List, Says Move to Boost Manufacturing Sector
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 …
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BusinessEconomyGOVERNMENTIndustrial DevelopmentInfrastructureManufacturing
Nigeria, Stellar Steel Sign $400 Million Deal
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 …
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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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BusinessEconomyEmploymentFinanceInflationManufacturing
Nigeria’s Private Sector Records Stronger Growth in August as Inflation Eases
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’ …
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BusinessCorporate EarningsEconomyFinanceManufacturingNigeriaStock Market
Cutix Plc Profit Falls 81% in Q1 2025 Despite Rising Assets
Cutix Plc, a Nigerian cable manufacturing company listed on the Nigerian Exchange, has reported a sharp decline in profit for the first quarter of its 2025 financial year. The company’s …
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BusinessDevelopmentEconomyEventsGOVERNMENTManufacturingNewsNigeriaPoliciesTrade and Commerce
FG Backs West Africa Industrial Summit, Pledges Support for Regional Manufacturing Growth
The Federal Government of Nigeria has announced its full support for the upcoming West Africa Industrialisation, Manufacturing and Trade (IMT) Summit and Exhibition, set to hold in Lagos from October …
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BusinessEconomyFinance & ServicesManufacturingMarketsNigeria
Morison Industries Cuts Loss to N18.55bn in Q1 2025
Morison Industries Plc has reported a loss of N18.55 billion for the first quarter ended March 31, 2025, an improvement from the N28.46 billion loss it recorded in the same …
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AFRICA NEWSBusinessBusiness InsightsEconomyFinance & ServicesManufacturingMarketsNigeria
Guinness Nigeria Bounces Back with N6.7bn Profit in Nine Months
Guinness Nigeria Plc has bounced back into profitability, posting a profit after tax of N6.72 billion for the nine months ended March 31, 2025. This is a major turnaround for …
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BUA Cement Plc has posted a revenue of N290.8bn for the first quarter ended March 31, 2025, marking a massive increase of 80.5 per cent compared to the N161.1bn it …