Chinese automaker Soueast has officially entered the Nigerian market through a partnership with Kewalram Chanrai Group, unveiling four SUV models and announcing plans to begin local assembly by August 2026.
Nigeria's Minister of Steel Development, Shuaibu Abubakar Audu, has signed a $1 billion Memorandum of Understanding with India's Rashmi Metaliks Group to revitalize the nation's steel industry over three years.
SAM Pharmaceutical Limited celebrates its 55th anniversary by commissioning a cutting-edge pharmaceutical manufacturing facility in Ota, Ogun State, enhancing production capacity and supporting Nigeria's healthcare sector.
Cormart Nigeria Limited has transitioned to gas as its main power source, deploying 5MW of gas engines to lower emissions and mitigate diesel costs and grid instability, reflecting a broader trend in Nigerian manufacturing.
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Dangote Cement, BUA Cement, and other manufacturers have increased cement prices to N12,000 per bag nationwide, driven by rising energy and logistics costs, impacting construction projects and housing affordability.
The Standards Organisation of Nigeria (SON) has called on local manufacturers to prioritize producing standard products to enhance the competitiveness of Nigerian goods in international markets, reduce import reliance, and boost exports.
Beta Glass PLC announces a remarkable 144% increase in profit after tax for the fiscal year 2025, with revenue climbing to ₦149.1 billion. The company attributes this growth to enhanced production efficiency and strategic market focus.
Dr. Ayodele Musibau Abioye, Managing Director of BUA Foods Plc, will deliver the keynote address at the 2026 Industry Summit. The event, themed 'The Year of the Real Sector', will focus on innovation and sustainability in Nigeria's manufacturing sector.
Beta Glass Plc has announced its audited financial results for 2025, revealing a 27% revenue increase to ₦149.12 billion and a 144% surge in profit after tax to ₦33.25 billion.
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The ongoing US-Israel-Iran conflict is disrupting supply chains for India's $860 million condom manufacturing sector, causing shortages of key materials like silicone oil and ammonia and driving up production costs significantly.
Nigeria's auto industry faces a major transformation as Igbo transport billionaires establish vehicle assembly plants, creating competition for pioneer Innoson Vehicle Manufacturing and reshaping the market with locally tailored commercial vehicles.
The National Automotive Design and Development Council announces a major Automotive Development Park in Nnewi, Anambra State, aimed at boosting local production, cutting imports, and creating jobs under the Nigeria First policy.
The Federal Government has approved electric buses for civil servants to promote cleaner transport and strengthen Nigeria's automotive sector, with charging infrastructure and a new development park in Anambra.
Dangote Cement reports a record-breaking N1 trillion profit for 2025, driven by strategic price increases, cost control, and an 18.6% surge in export volumes across Africa.
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Ogun State has launched a massive cotton garment factory projected to create 250,000 jobs, with Governor Dapo Abiodun envisioning it as a world-class textiles hub integrated with the Gateway Agro-Cargo Airport for enhanced supply chains.
The Federal Government has implemented an import-deletion program targeting motorcycle and tricycle components to stimulate domestic manufacturing, create jobs, and reduce foreign exchange reliance.
Aliko Dangote unveils a major petrochemical plant in Nigeria, producing 400,000 tonnes of detergent raw materials annually to dominate African supply chains and compete with multinationals like Unilever and PZ Cussons.
The Federal Government has launched a comprehensive industrial policy aimed at reviving dormant factories and boosting domestic manufacturing. Key measures include a proposed N3 trillion recapitalisation of the Bank of Industry, tax harmonisation, and low
Frigoglass Group has finalized the sale of its Nigerian packaging holdings, including Beta Glass Plc, to Helios Investment Partners, marking a significant ownership transition for West Africa's leading glass manufacturer.
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Lafarge Africa announces expansion of Ashaka and Sagamu cement plants to 5.5 million metric tonnes annually, sparking market optimism but analysts caution on price reductions.
Chisco Transport has officially launched a vehicle assembly plant in Lagos, rolling out 80 luxury buses and 40 trucks to compete with Innoson in Nigeria's growing auto industry.
Innoson Vehicle Manufacturing is set to commission the world's largest CNG vehicle production facility in Nigeria, with capacity for 3,000 vehicles annually and creating 2,000 jobs.
Nigeria's automobile industry faces 2026 with expectations for the NAIDP Act, local production, and EV adoption, but old hurdles like policy implementation and infrastructure remain. Will this be the year of transformation?
Nigerian manufacturers face crippling energy bills up to N220m monthly, hindering competitiveness. Despite Band A promises, outages persist, forcing reliance on costly alternatives.
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Pan African Manufacturers Association calls for urgent policy shift to boost local pharmaceutical production, reduce 70% import dependence, and secure Africa's healthcare future. Learn the strategic steps needed.
Chief Economist Paul Alaje argues Nigeria must shift from primary production to manufacturing to transform its economy, boost the Naira, and attract investment. Discover the roadmap.
Nigeria's Federal Government confirms operational gold refinery in Lagos and a $600 million lithium plant in Nasarawa, marking a strategic move towards local mineral processing and clean energy supply chains.
Despite the 'Nigeria First' policy and past Executive Orders, Nigeria's manufacturing sector operates below 50% capacity. Experts cite weak enforcement and infrastructure gaps as key failures.
SBA Group launches 'The SBA Solution,' reinforcing its role as Sub-Saharan Africa's critical FMCG technical backbone. Discover how they ensure operational continuity and cost efficiency for over 100 manufacturers.
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The Federal Government has begun a review of Nigeria's tariff framework to strengthen industrial competitiveness and reduce production costs for domestic manufacturers. Read more.
