The Federal Government signs an MoU with China's YJT to localise manufacturing of CNG and EV infrastructure. Deal aims to create jobs, transfer skills, and boost cleaner transport energy adoption in Nigeria.
Nigerian Railway Corporation reports surge in passengers as federal government's 50% festive season fare discount takes effect from Dec 23 to Jan 4. Enhanced safety measures deployed.
Nigerian Railway Corporation's 50% festive fare discount triggers heavy passenger traffic on major routes like Lagos-Ibadan and Abuja-Kaduna. The initiative runs from Dec 23 to Jan 4 to ease holiday travel costs.
New LCCI President Leye Kupoluyi outlines a blueprint for Nigeria's industrialisation, emphasising youth empowerment, AfCFTA benefits, and urgent reforms in power and regulation to revive manufacturing.
Sector analysts at an LBS event pinpoint macroeconomic shifts, market dynamics, and policy as critical for Nigeria's industrial growth. Learn the insights from Dangote and Rewane.
A Toyota Hiace bus was hit by a train at Arena, Oshodi, Lagos. LASEMA confirms no casualties but significant bus damage. Read details of the emergency response.
Egypt begins construction on a 660km high-speed train linking the Red Sea to the Mediterranean, set for 2028 completion. Dubbed a 'Suez Canal on rails,' it aims to transform transport and ease Cairo's congestion. Read more.
A train collided with a bus in Lagos's Oshodi area. LASEMA confirms no deaths or injuries. Read details of the emergency response and cause.
A train collided with a commercial bus in Oshodi, Lagos. LASEMA confirms no injuries or fatalities. Preliminary report blames the bus driver's reckless driving. Full details inside.
NIPRD warns Nigeria's reliance on a single WHO-prequalified antimalarial limits local manufacturing. The institute trains pharma firms to tap into the $161m global market, urging tax reliefs and incentives.
The Federal Government urges Nigerians to buy locally-made new cars, not imported used vehicles. Elizade JAC reveals a 2026 strategy for affordable pricing and warranties to disrupt the auto market.
A passenger train derailed after hitting a herd of elephants in northeast India, killing seven. No human injuries reported. Read about the human-wildlife conflict.
A knife-wielding man kills three and injures five in Taiwan before jumping to his death. Premier Cho Jung-tai reveals suspect had prior criminal record. Read the full report.
Fidson Healthcare Plc announces a N21 billion rights issue to boost manufacturing and African expansion. The offer is priced at N35 per share for existing shareholders. Read more.
CEO Patrick Ajah reveals how purpose-driven innovation, local manufacturing, and ethical governance sustain May & Baker Nigeria's 80-year healthcare leadership. Discover the strategy.
German business sentiment dropped for a second month in December, hitting its lowest point in seven months. The industrial slump and weak Christmas sales signal a bleak economic end to 2025. Read more.
PromoPrint Ventures celebrates 25 years, highlighting local manufacturing resilience, innovation, and the shift from import dependence. Read the inspiring story of Nigerian enterprise.
A €1.3 billion German biorefinery is using beech wood biomass to make chemicals for tyres and clothing, aiming to cut fossil fuel reliance. Can this green gamble revive the struggling industry? Read more.
The Federal Government warns that energy costs now consume 40-60% of manufacturers' expenses, eroding Nigeria's industrial edge. Minister John Owan Enoh calls for urgent action. Read more.
President Tinubu announces plans for local aircraft component manufacturing, aiming to make Nigeria West Africa's aviation hub. Passenger traffic is projected to hit 25.7 million by 2029.
Nigeria's community pharmacists call for urgent local investment in HIV/AIDS commodities and services to reduce dependence on external donors and protect recent gains in the fight against the epidemic.
The CPPE warns Nigeria's proposed excise duty increase on beverages may trigger job losses and worsen inflation. Experts urge broader public health strategies instead. Read more.
Germany's economy faces its worst post-war crisis, with industry leaders urging urgent government action to reverse the decline. Read the full analysis.
Nigeria's private sector expands for 13th straight month. PMI at 53.6 points as companies build inventory for Christmas demand. Inflation eases, boosting business outlook for 2025. Read more.
Nigerian manufacturers oppose a Senate bill to raise sugary drink taxes to 20%, fearing massive job losses. Health Ministry backs the tax for public health funding. Read the full debate.
The CPPE warns that the Senate's plan to increase excise duty on non-alcoholic drinks is economically disruptive and threatens jobs. They urge its withdrawal. Read more.
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
Manufacturers Association of Nigeria warns proposed sugar-sweetened beverage tax increase could undermine local production, threaten jobs, and distort investments. Urge lawmakers to reconsider.
Adeleke Timileyin, known as Ekunrawo, shifts from entertainment to tech with EK Beatz Audio wireless speakers launch in Lagos, signaling Nigeria's growing local manufacturing movement.
Olubadan of Ibadanland Oba Ladoja establishes Economic and Investment Committee to address manufacturing challenges. FMCG Association and Jaiz Bank pledge support for city's economic transformation.