PDP Chieftain: Hunger, Not Money, Will Decide 2027
UK-based PDP chieftain Niyi Aborisade warns that economic hardship, not political defections, will determine President Tinubu's fate in 2027. He alleges APC is deliberately weakening opposition.
Category : Search result: manufacturing crisis Nigeria
Sudan: 10,000+ Displaced in 3 Days Amid Escalating War
UN reports over 10,000 people displaced in Sudan in just 3 days as violence spreads. The conflict has created the world's largest hunger crisis. Read the full report.
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.
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.
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.
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 Crisis: Insecurity, Inflation & Governance Failures
An in-depth analysis of Nigeria's overlapping crises in 2025: escalating insecurity killing thousands, soaring food inflation, and governance failures. Discover the root causes and a 7-step framework for national recovery.
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.
Nigeria's Job Crisis: Agriculture Holds Key to Mass Employment
Experts reveal Nigeria is forfeiting millions of potential jobs by sidelining agriculture. A new report urges strategic investment to transform the sector into the nation's biggest employer and solve food insecurity.
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.
German Economy in 'Deepest Crisis' Since WWII
Germany's economy faces its worst post-war crisis, with industry leaders urging urgent government action to reverse the decline. Read the full analysis.
Business Confidence High as Firms Expand Inventory for Yuletide
Nigeria's private sector expands for 13th straight month. PMI at 53.6 points as companies build inventory for Christmas demand. Inflation eases, boosting business outlook for 2025. Read more.
Manufacturers Warn of Job Losses Over New Sugar Tax
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.
CPPE Slams Senate Over Proposed Beverage Tax Hike
The CPPE warns that the Senate's plan to increase excise duty on non-alcoholic drinks is economically disruptive and threatens jobs. They urge its withdrawal. Read more.
Manufacturing Tops Nigeria's VAT Revenue in H1 2025
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.
PDP's 2027 Election Hopes at Risk Amid Crisis
Political analyst warns PDP faces electoral irrelevance in 2027 without resolving internal conflicts. Learn about the expulsion of Wike, Fayose and party divisions threatening Nigeria's main opposition.
Cleric Warns ECOWAS of 2026 Crisis in 9 African Nations
Nigerian cleric Primate Ayodele warns ECOWAS of impending 2026 crisis affecting 9 African countries following Guinea-Bissau coup. Read full analysis and predictions.
MAN Warns Against SSB Tax Hike, Cites Job Risks
Manufacturers Association of Nigeria warns proposed sugar-sweetened beverage tax increase could undermine local production, threaten jobs, and distort investments. Urge lawmakers to reconsider.
Nigerian engineer launches local wireless speakers brand
Adeleke Timileyin, known as Ekunrawo, shifts from entertainment to tech with EK Beatz Audio wireless speakers launch in Lagos, signaling Nigeria's growing local manufacturing movement.
Olubadan Launches Economic Committee for Ibadan Growth
Olubadan of Ibadanland Oba Ladoja establishes Economic and Investment Committee to address manufacturing challenges. FMCG Association and Jaiz Bank pledge support for city's economic transformation.
CIT Revenue Reaches N2.78 Trillion in Q2 2025
Federal government records N2.78 trillion company income tax in Q2 2025, a 40.27% quarterly increase. Financial services sector drives growth while manufacturing faces challenges.
MAN: 37% Lending Rate Hinders Manufacturing
MAN laments 37% lending rate, says high borrowing costs hinder production and reduce competitiveness. DG Segun Ajayi-Kadir urges CBN for rate reduction.
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