How ATE is Helping Nigerian Businesses Scale Across Africa
ATE CEO Onyekachi Izukanne explains how local production and regional sourcing can combat inflation, create skilled jobs for youth, and help SMEs expand across Africa. Discover the strategy.
Category : Search result: manufacturing expansion
Nigeria, Chinese Firm Sign MoU for Local CNG, EV Production
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.
North Korea's Kim Orders More Missile Factories for 2026
North Korean leader Kim Jong Un has directed officials to boost missile production and build new factories to meet military demands. This move comes amid closer ties with Russia and increased regional tensions. Read the full analysis.
Al-Qaeda-Linked JNIM Launches First Attack in Nigeria
The al-Qaeda-linked coalition JNIM has claimed its first attack inside Nigeria in Kwara State, signaling a potential new phase of jihadist expansion into the country's central region. Read key facts and analysis.
Akara Seller Buys Motorcycle, Expands Business
A Nigerian roadside akara seller inspires many after buying a brand new motorcycle to expand into delivery services. See her viral TikTok success story and the reactions.
LCCI Chief: Manufacturing, Not Oil, Key to Nigeria's Growth
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.
Key Factors for Nigeria's Manufacturing Revival Identified
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.
ISWAP Suspects Arrested in Lagos by SSS
Nigeria's secret police, the SSS, arrested two suspected ISWAP terrorists in Lagos on December 21. Experts warn of the group's expansion efforts beyond the Northeast. Get the full details.
NIPRD Flags Nigeria's Reliance on One WHO Antimalarial
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.
FG, Elizade JAC Plan to Make New Vehicles Affordable by 2026
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.
Nile Cinemas, VIVA Partner for Major Nationwide Expansion
Nile Cinemas integrates VIVA Cinemas into its network, expanding to Ikeja, Ibadan, Ilorin, and Enugu. The move aims to redefine Nigeria's movie-going experience with upgraded facilities.
Makinde Signs ₦892bn 2026 Oyo Budget Monday
Governor Seyi Makinde will sign Oyo State's ₦892 billion 2026 Appropriation Bill into law on Monday, December 22. The 'Budget of Economic Expansion' aims to drive growth and infrastructure. Read details.
Nollywood's $1 Billion Deal Marks New Chapter
Nigerian film industry, Nollywood, enters a transformative phase with a $1 billion partnership between The Entertainment Network (TEN) and The Evolution Media Group (TEMG). Discover the plans for global expansion, new studios, and job creation.
Putin's Year-End Remarks: Demands Respect, Lists Gains
Russian President Vladimir Putin, in his marathon press conference, demanded 'respect' from the West and listed battlefield gains. This follows a new $105bn EU loan to Ukraine. Read the full analysis.
Fidson Healthcare Plans N21 Billion Capital Raise
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.
Patrick Ajah on May & Baker's Leadership in Nigerian Healthcare
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 Confidence Falls to 7-Month Low
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.
Nigeria's oil rigs stuck at 41 amid OPEC expansion
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
ISPs Seek Policy Help for Underserved Areas
Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.
PromoPrint Marks 25 Years of Nigerian Manufacturing Resilience
PromoPrint Ventures celebrates 25 years, highlighting local manufacturing resilience, innovation, and the shift from import dependence. Read the inspiring story of Nigerian enterprise.
Anambra Deploys AI, Broadband to Transform Governance
Anambra State is using Artificial Intelligence and expanded broadband to reshape public service delivery. Discover how this digital-first approach is creating a smarter government.
Vodacom Takes Control of Safaricom in $2.1B Deal
South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.
Eterna Plc Launches N21.52 Billion Rights Issue
Eterna Plc plans to raise N21.52 billion through a rights issue to fund expansion in retail, LPG, and aviation. Shareholders can buy 3 new shares for every 4 held. Read details.
10 New Diagnostic Centres to Launch in Nigeria by 2026
NSIA-MedServe partners with GE Healthcare to establish 10 diagnostic centres nationwide by mid-2026, boosting access to CT scans, mammography, and X-rays for early disease detection.
Enugu Plans 5 New Transport Terminals to Boost Economy
Governor Peter Mbah unveils a N1.62 trillion budget for 2026, prioritizing transport infrastructure with five new terminals and 2,000 city taxis to stimulate Enugu's economic growth.
German Plant Turns Beech Wood into Chemicals, Replacing Oil
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.
High Energy Costs Threaten Nigerian Manufacturing - FG
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.
Nigeria to Start Making Aircraft Parts, Aims for $2.58bn Revenue
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.
Pharmacists Demand Local HIV Drug Manufacturing
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.
Soft Drink Tax Hike Risks Jobs and Inflation, CPPE Warns
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.
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