Arms Makers See Record $679B Revenue Amid Conflicts
Global arms sales reached record $679 billion in 2024 as Ukraine and Gaza wars fuel demand. US firms dominate while European companies face supply chain challenges. Read full analysis.
Category : Search result: manufacturers
Arms Makers See Record $679B Revenue Amid Global Tensions
Global arms sales reached record $679 billion in 2024 as Ukraine war and Gaza conflict fuel demand. US companies dominate while European firms see 13% growth despite supply challenges.
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.
Delta Govt Seeks ₦1b BOI Loan for Industrialisation
Delta State government plans a ₦1 billion BOI loan to accelerate industrial growth and digital innovation. Learn how this partnership with MAN will reshape manufacturing.
Manufacturers Challenge NAFDAC's Sachet Alcohol Ban
Nigerian manufacturers demand reversal of sachet alcohol ban, warning of massive job losses and economic damage. MAN argues ban contradicts existing policies.
Manufacturers Demand Privatization of Nigeria's Refineries
MAN advocates complete privatization of Nigeria's state-owned refineries to address persistent fuel shortages and boost manufacturing sector competitiveness.
BMW Boosts Profitability Despite China Tariff Challenges
German automaker BMW showcases remarkable resilience as it navigates China's new tariff landscape while posting strong financial performance and maintaining competitive edge.
Nigeria Manufacturers Face 51% Forex Shortage Crisis
MAN reveals only 49% of manufacturers' forex needs are met, threatening production and economic growth despite positive 4% sector outlook for 2024.
Enugu Governor Seeks Protection for Local Manufacturers
Governor Peter Mbah calls for strategic safeguards to protect Nigerian manufacturers from unfair competition in international trade agreements, emphasizing job creation and economic growth.
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