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.
Category : Search result: global train manufacturing
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.
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 dominates while manufacturing faces challenges.
VAT hits N2.06 trillion in Q2 2025, 7th consecutive rise
Nigeria's VAT collections surge to N2.06 trillion in Q2 2025, recording seventh consecutive quarterly growth since economic reforms. Manufacturing leads sectoral contributions with 27.19% share.
West Africa Industrial Summit Set for March 2026 in Lagos
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!
DSS: FG didn't mandate Mamu for terror talks
DSS operative reveals Tukur Mamu acted independently in Abuja-Kaduna train negotiations, benefiting financially from ransom payments. Case adjourned to 2026.
DSS: FG didn't mandate Tukur Mamu for terror talks
A DSS witness testifies that Tukur Mamu was not authorised by the Federal Government to negotiate with terrorists from the Abuja-Kaduna train attack. Read the full court details.
Tukur Mamu Offered N50m from Terror Ransom - DSS
DSS reveals how terror leader offered Tukur Mamu N50m from ransom funds in Abuja court. Key evidence from audio recordings exposed in ongoing terrorism trial. Read full details.
DSS: Mamu Got N50m from Terrorist Ransom Fund
A DSS witness reveals Tukur Mamu received N50m from terrorists involved in the Kaduna train attack. The alleged negotiator also taught terrorists how to create websites. Read the full court details.
DSS: Mamu Got N50m from Terrorist Leader Shugaba
DSS witness reveals alleged terrorist negotiator Tukur Mamu received N50m from Abuja-Kaduna train attack ransom fund. Case adjourned to February 2026.
German Business Confidence Falls in November 2025
German business sentiment declines to 88.1 points as companies lose faith in government reforms. Manufacturing and construction sectors hit hardest amid economic concerns.
Delta State Seeks ₦1bn BOI Loan for Industrial Growth
Delta 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.
Manufacturers Spend N676.6bn on Power Generators
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.
57 Injured in Czech Train Collision, Investigation Ongoing
Head-on train collision in southern Czech Republic leaves 57 injured. Emergency services respond as investigation reveals possible signal violation. Read full details.
MAN: High Energy Costs, Taxes Hurt Niger Delta Factories
MAN highlights crippling energy costs and multiple taxes hindering Niger Delta manufacturing. The association urges a blue economy focus for sustainable industrial growth. Read more.
Nigeria-UAE Digital Education Partnership Signed
Nigeria partners with UAE Digital School to expand digital learning for millions of young Nigerians. The agreement signed in Dubai aims to equip youth with vital skills for the global digital economy.
Samsung Plans $310 Billion AI Investment Over 5 Years
Samsung announces massive $310 billion investment to power AI expansion, including new semiconductor plants and data centers. Discover how this impacts global tech landscape.
Banjo's Book Explores Cultural Diplomacy Power
Discover how Professor Adewale Banjo's groundbreaking book 'How Cultural Diplomacy Works' transforms global relations through cultural exchange. Learn why culture matters in diplomacy today!
Nigeria Baking Crisis: 80,000 Bakeries Shut Down
Nigeria's baking industry faces collapse as over 80,000 bakeries closed since 2020 due to high production costs, energy crisis, and insecurity. Learn how this affects jobs and bread prices.
Western Sanctions Backfire: Global Consequences
Excessive international sanctions by Western nations are creating unintended consequences, including global polarization and alternative systems. Discover how this affects Nigeria and the world.
Alstom's Profits Surge on Global Rail Demand
French rail giant Alstom posts a net income of €220 million in H1 2025-2026, driven by strong global demand for trains and infrastructure. Revenue growth forecast upgraded.
Top 30 Countries with Most Beautiful Women in 2025
Discover the 2025 ranking of countries with the most beautiful women. See which nations like Brazil, Colombia, and Ethiopia made the list and learn how beauty standards are evolving globally.
Global CO2 Emissions to Reach New Record in 2025
New research reveals fossil fuel emissions will hit record levels in 2025, making 1.5°C warming limit 'impossible'. Learn what this means for climate action.
European Sleeper rescues Berlin-Paris night train
Belgian-Dutch cooperative European Sleeper will revive the Berlin-Paris sleeper train from March 2026 after major operators abandoned it. Discover this eco-friendly travel revival.
Naira Visa Cards Boost Cross-Border Spending Confidence
Nigerians can now spend globally with confidence using Naira Visa cards. Secure transactions, fraud protection, and seamless payments for education, business, and travel needs.
First G20 Summit in Africa: 5 Key Facts
Johannesburg hosts the historic G20 summit, marking its first African edition. Explore key priorities, US boycott, and global implications. Read more now!
World Wine Output to See Modest 2025 Recovery
Global wine production is projected for a modest 3% recovery in 2025, yet remains below average due to climate change and shifting consumer habits. Get the full analysis.
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