Edo State to Begin Local Drug Production in 2026
Edo State announces groundbreaking pharmaceutical manufacturing initiative to produce essential medicines locally by 2026, reducing import dependency and creating thousands of jobs.
Category : Search result: production costs
Africa's shipping costs remain world's highest
New report reveals intra-African shipping costs remain the world's highest despite continental free trade agreement, hindering economic growth and regional integration.
PENGASSAN Strike Threatens Nigeria's Oil Economy
As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.
Rivers State Urges Filmmakers to Promote Cultural Heritage
Rivers State Government urges Nigerian filmmakers to showcase the nation's rich cultural diversity through cinema, promoting tourism and preserving traditions for future generations.
Cooking Gas Prices Surge: New Rates Shock Nigerian Households
Nigerian families face mounting pressure as cooking gas dealers announce sharp price increases nationwide. Discover the new rates for 12.5kg, 6kg, and 5kg cylinders and what's driving this energy crisis.
Hallelujah Challenge Festival Prices Spark Outrage
A Nigerian woman's emotional video about inflated prices at Nathaniel Bassey's Hallelujah Challenge festival has sparked massive reactions online as attendees confirm shocking costs.
Denmark launches revolutionary carbon-hydrogen plant
Denmark inaugurates revolutionary carbon capture and hydrogen production facility, marking significant milestone in Europe's clean energy transition and climate action efforts.
Germany Slashes Industrial Power Costs from 2025
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
Dangote Refinery Hits 70M Litres, NNPC Cuts Petrol Prices
Nigeria's energy sector experiences major transformation as Dangote Refinery achieves massive production capacity while NNPC implements nationwide fuel price reductions, bringing relief to millions of Nigerians.
EU, France invest €10.2M in Nigeria pharma sector
Massive €10.2 million investment aims to boost local drug manufacturing, reduce import dependency, and create thousands of jobs in Nigeria's healthcare sector.
EU & France Invest €10.2M in Nigeria Pharma Industry
Breaking: European Union and France launch massive €10.2 million investment to transform Nigeria's local drug manufacturing capacity and healthcare security.
Kenyan Woman Gets ₦225K Wedding Food Bill in US
A Kenyan woman's dream American wedding experience turns into nightmare after receiving outrageous bill for food she already ate. Her viral reaction exposes cultural shock many Africans face abroad.
OPEC Poised for Major Oil Production Increase
OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.
OPEC to Increase Oil Production by 500,000 Barrels Daily
OPEC+ agrees to boost oil output by 500,000 barrels daily starting January 2024, potentially impacting global oil prices and Nigeria's economic outlook.
Peju Ogunmola Returns to Nollywood After Son's Death
Veteran Nollywood actress Peju Ogunmola makes courageous return to film production months after devastating loss of her son, celebrated by colleague Wumi Toriola in touching tribute that highlights resilience in Nigerian entertainment industry.
Nigeria's Building Revolution: Cheaper Homes Ahead
Construction professionals are championing a major shift to local, sustainable building materials that could reduce housing costs by up to 60% while creating new economic opportunities across Nigeria.
5% Fuel Surcharge Starts November 1 - FIRS
Nigerians brace for increased fuel costs as FIRS Chairman Taiwo Oyedele reveals new 5% import surcharge implementation timeline and tax reform plans.
Nigeria's Printing Industry Battles Survival Crisis
Lagos Chamber of Commerce intervenes as Nigeria's printing sector faces existential threat from rising production costs, forex volatility, and power challenges. Key stakeholders gather for crucial dialogue.
Nigeria processes 90% of cassava yield locally
Nigeria continues to process 90% of its cassava production domestically, creating economic opportunities and reducing import dependency in the agricultural sector.
15% Tariff Hike: Why Nigerians Are Furious
The Federal Government's controversial 15% tariff increase faces massive backlash from economists and citizens who argue it will cripple businesses and deepen poverty across Nigeria.
Tinubu Boosts Local Medicine Manufacturing in Nigeria
President Tinubu's administration takes decisive action to revolutionize Nigeria's pharmaceutical sector with new policies aimed at boosting local medicine manufacturing and reducing import dependency.
APC's Emami Warns Against 15% Fuel Import Tariff
Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.
Nigeria Manufacturers Face 51% Forex Shortage Crisis
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
Nigeria loses ₦4.5B to hospital infections yearly
Shocking report reveals how preventable healthcare-associated infections drain Nigeria's economy of billions while putting patients at risk. Discover the silent crisis in Nigerian hospitals.
Akwaamaka Music Launches Revolutionary Lagos Studio
Lagos-based entertainment powerhouse Akwaamaka Music launches revolutionary recording facility, offering cutting-edge technology and training programs to elevate Nigeria's music industry standards.
Nigerian Couple in Canada's ₦21M Monthly Expenses
A Nigerian lady living in Canada with her husband has gone viral after sharing their staggering monthly expenses totaling over ₦21 million. Discover how much they spend on rent, groceries, transportation and more in this eye-opening financial revelation.
Nigeria signs $400m steel production deal
Federal Government partners with African Natural Resources and Mines Limited in landmark agreement to boost domestic steel manufacturing and reduce import dependency.
Nigeria Must Scale Production to Compete Globally
Groundbreaking analysis shows Nigerian producers must embrace mass production to compete internationally. Discover the strategic roadmap for economic transformation.
EU & FG Host Manufacturing Investment Forum in Nigeria
European Union partners with Federal Government to launch transformative investment forum targeting Nigeria's manufacturing sector, renewable energy, and emerging technologies.
GSK boosts 2025 forecast amid Nigeria tariff reforms
British drugmaker GSK raises 2025 profit guidance as Nigeria's tariff reforms create favorable market conditions. Discover how this impacts healthcare costs and medicine availability.
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