Manufacturers Seek Single-Digit Loans, Sustained Reforms
Nigerian manufacturers call for loans below 10% and consistent economic policies to revitalize the sector in 2026, despite stable FX and new tax reliefs. Read their full demands.
Nigerian manufacturers call for loans below 10% and consistent economic policies to revitalize the sector in 2026, despite stable FX and new tax reliefs. Read their full demands.
Mouka, Nigeria's top bedding brand, celebrated 2026 by gifting Dreamtime Baby Mattresses and essentials to 71 newborns across 15 states, partnering with Lagos First Lady Dr. Ibijoke Sanwo-Olu.
ALCMAN plans a 2026 digital platform for real-time access to Nigerian-made vehicle parts, boosting local content and after-sales service. Read more about this automotive revolution.
Ibadan industrialist Emmanuel Ogunnaike appeals to Aliko Dangote to lower diesel costs, citing crippling production expenses for manufacturers reliant on generators due to poor grid power.
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RecommendedInsights from Segilola Resources' leaders on unlocking Nigeria's solid minerals potential, creating jobs, and driving sustainable economic diversification away from oil dependency.
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.
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.
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.
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RecommendedThe 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.
The Nigerian government announces a mandatory vehicle recycling fee starting 2026 to tackle abandoned cars and formalise the auto recycling sector, projecting over ₦150bn in annual revenue.
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.
Volkswagen halts production at its Dresden 'Transparent Factory,' marking the first German plant closure in its 88-year history. The site will pivot to AI and chip research. Read more.
PromoPrint Ventures celebrates 25 years, highlighting local manufacturing resilience, innovation, and the shift from import dependence. Read the inspiring story of Nigerian enterprise.
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RecommendedA €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.
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.
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.
Nigeria's manufacturing sector contributed N584.63bn to VAT revenue in the first half of 2025, leading all sectors despite economic challenges. Read the full NBS report analysis.
Minister Udeh says the RMRDC 30% Value-Addition Bill will boost Nigeria's economy, attract investors, and create jobs by mandating local processing of raw materials. Read more.
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RecommendedManufacturers Association of Nigeria warns proposed sugar-sweetened beverage tax increase could undermine local production, threaten jobs, and distort investments. Urge lawmakers to reconsider.
MAN laments 37% lending rate, says high borrowing costs hinder production and reduce competitiveness. DG Segun Ajayi-Kadir urges CBN for rate reduction.
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!
Massive fire destroys tissue papers and baby clothing worth millions at Nnewi factory. No casualties reported as firefighters battle early morning blaze. Read full details.
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.
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RecommendedDelta 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.
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.
EF Motors partners with Chinese firm to assemble 100,000 electric vehicles by 2028, creating 5,000 jobs and competing with Innoson Motors in Nigeria's growing EV market.
Nigerian printing stakeholders demand policy reforms, skills development, and youth inclusion at IPEX 2025. Industry risks losing relevance without urgent government intervention.
Nigeria's mining sector generates N26 billion in 2025 as Nasarawa gets $400 million rare earth plant creating 10,000 jobs. Read about Nigeria's mineral revolution.
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RecommendedDelta State government plans a ₦1 billion BOI loan to accelerate industrial growth and digital innovation. Learn how this partnership with MAN will reshape manufacturing.