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.
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.
Ecobank Group and Bank of China sign MoU to enhance trade, payments, and RMB services between Africa and China, building on a partnership started in 2010. Read more.
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.
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.
China imposes duties up to 42.7% on EU dairy, escalating a trade spat. EU calls the move unjustified. Get the latest on this economic clash.
Brazil's President Lula da Silva calls on the European Union to finalize the long-delayed Mercosur trade pact, aiming to create the world's largest free trade zone. Read the latest updates.
The historic EU-Mercosur trade pact, creating the world's largest free trade zone, faces delay due to farmer protests. A new signing date is now targeted for January 12 in Paraguay. Get the full details.
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.
A landmark EU-Mercosur trade deal, 20 years in the making, faces a crunch vote. While promising a massive free-trade zone, it sparks fierce protests from European farmers fearing cheap imports. Read the full details.
A landmark EU-Mercosur trade deal faces a major setback as Italy and France demand more safeguards for farmers, casting doubt on a signing ceremony planned for this weekend in Brazil.
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.
UNCTAD projects global trade will exceed $35 trillion in 2025, driven by emerging markets. However, growth is expected to slow in 2026. Read the full analysis.
China has imposed final anti-dumping duties on EU pork imports for five years, at reduced rates. The move follows trade tensions and an investigation into harm to China's domestic industry. Get the full details.
China announces five-year anti-dumping duties on EU pork imports, effective Dec 17. Rates are 4.9% to 19.8%, lower than previous temporary tariffs. Read the full trade dispute analysis.
Arctic Snowplows, a Canadian manufacturer, faces uncertain times as US tariffs add $500 to its products, driving away American customers. Discover the impact of the trade war.
PromoPrint Ventures celebrates 25 years, highlighting local manufacturing resilience, innovation, and the shift from import dependence. Read the inspiring story of Nigerian enterprise.
Lagos State announces a week-long MSME trade fair to empower small businesses, foster economic inclusion, and create jobs. Event runs from December 8-14 at Surulere National Stadium.
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.
US retail giant Costco sues the Trump administration, demanding a refund for tariffs paid on imports. The case challenges the legality of Trump's trade policy. Read the full story.
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.