West Africa Industrial Summit Set for March 2026 in Lagos
The WA-IMT Summit in Lagos from March 3-5, 2026 will drive regional integration and sustainable industrial growth across West Africa. Join industry leaders!
Category : Search result: local steel manufacturing
Sweden's Stegra gets $40M state aid for green steel
Swedish Energy Agency grants $40M to Stegra's low-carbon steel project amid financial scrutiny. The EU-backed initiative aims to cut CO2 emissions by 95%. Read more.
Two Ogun factories sealed for safety violations
Federal Government seals True Metals Nigeria Limited and Phoenix Steel Mills in Ogun State over severe occupational safety breaches. Minister warns employers endangering workers' lives.
German Business Confidence Falls in November 2025
German business sentiment declines to 88.1 points as companies lose faith in government reforms. Manufacturing and construction sectors hit hardest amid economic concerns.
EU urges US to cut steel tariffs in trade talks
The EU will press the US to implement their July trade deal, focusing on reducing 50% steel tariffs. High-level talks begin in Brussels. Read more.
Delta State Seeks ₦1bn BOI Loan for Industrial Growth
Delta State Government plans to secure ₦1 billion loan from Bank of Industry to accelerate industrialisation and technology-driven manufacturing. Learn how this initiative will transform the state's economy.
Manufacturers Spend N676.6bn on Power Generators
Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.
MAN: High Energy Costs, Taxes Hurt Niger Delta Factories
MAN highlights crippling energy costs and multiple taxes hindering Niger Delta manufacturing. The association urges a blue economy focus for sustainable industrial growth. Read more.
Samsung Plans $310 Billion AI Investment Over 5 Years
Samsung announces massive $310 billion investment to power AI expansion, including new semiconductor plants and data centers. Discover how this impacts global tech landscape.
Nigeria Baking Crisis: 80,000 Bakeries Shut Down
Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.
Alstom's Profits Surge on Global Rail Demand
French rail giant Alstom posts a net income of €220 million in H1 2025-2026, driven by strong global demand for trains and infrastructure. Revenue growth forecast upgraded.
Pregnant Woman Among 5 Killed in Sokoto Bandit Attack
Suspected bandits killed five people, including a pregnant woman, in Alkalije village, Sokoto State. Community leaders appeal for permanent security outpost to stop cross-border attacks. #Security #Sokoto
Oshiomhole: Don't Tax Nigerian-Made Beer, Goods
Senator Adams Oshiomhole argues for removing excise duty on locally produced goods like beer to boost Nigerian manufacturing. Read his compelling reasons and public reactions.
Nasarawa Prince Killed by Bandits in Attack
Prince James Delle Iwala and two youths murdered by gunmen in Nasarawa State. The incident sparks outrage as residents call for urgent security intervention.
Steel Ministry Launches Digital ECM System
Nigeria's Ministry of Steel Development launches Enterprise Content Management System on 1-Gov Platform to enhance efficiency, transparency and digitize operations for steel sector growth.
Steel & Defence Ministries Sign Military Hardware MOU
Nigeria's Ministry of Steel Development and Ministry of Defence sign landmark agreement for military hardware production at Ajaokuta Steel Company, boosting national security and local manufacturing.
Nigeria's Oil Reserves Risk Becoming Stranded Assets
Energy specialists warn Nigeria faces economic disaster as lack of local expertise and unstable policies threaten to leave billions in oil reserves untapped and worthless.
Northern Industries Back 15% Power Tariff Hike
Major northern industrial associations endorse new electricity tariff, citing long-term economic benefits despite initial cost concerns for manufacturers and households.
Beta Glass Invests ₦85M in Nigerian Communities
Leading glass and packaging manufacturer Beta Glass PLC has made significant investments in community development while generating massive economic value for Nigeria's economy through job creation and local content.
IVM Boss: Banking Bottlenecks Hurt Nigerian Manufacturers
IVM's Managing Director Mitchell Elegbe advocates for strengthened local content policy while highlighting banking sector challenges crippling Nigerian manufacturers' competitiveness.
Professor Urges Govt Support for Local Fish Production in Nigeria
A leading academic expert calls for urgent government intervention to revolutionize Nigeria's aquaculture sector, reduce massive fish import dependency, and create sustainable livelihoods.
Merz Backs EU Plan to Protect Steel from Chinese Imports
German opposition leader Friedrich Merz supports EU emergency measures to protect European steel industry from cheap Chinese imports, signaling major trade policy shift.
Imo State Revives Aluminium Company with ₦500M
Imo State Government injects ₦500 million to resuscitate the moribund Inyishi Aluminium Company, creating jobs and boosting local manufacturing in Southeast Nigeria.
Nigeria gets €6.3M EU-UNICEF health production deal
Federal Government partners with European Union and UNICEF in groundbreaking €6.3 million initiative to boost local manufacturing of essential health commodities and reduce import dependency.
Nigeria signs €6.3M health production deal with EU-UNICEF
Federal Government signs landmark agreement to strengthen local manufacturing of essential health commodities, reducing import dependency and creating jobs.
Northern Industrialists Support 15% Electricity Tariff Hike
Major northern industrial groups endorse controversial electricity tariff increase, arguing it will stabilize Nigeria's power sector and attract critical investment despite consumer concerns.
Local Content Key to Africa's Energy Future
Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.
Agege LG Chairman Azeez Resigns Over Health Issues
Agege Local Government Chairman Tunde Azeez resigns from office citing serious health concerns, ending his tenure prematurely. Read details about the transition and acting leadership.
German Steel Industry Faces Major Crisis and Job Cuts
Germany's once-powerful steel industry confronts an uncertain future as high energy costs and global competition threaten thousands of jobs and factory operations across the nation.
Nigeria to Privatize Refineries in Historic Agreement
In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.
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