Cooking Gas Prices Surge Again: Scarcity Warning Issued
Nigerians face another round of cooking gas price hikes as dealers predict severe scarcity. Discover the causes and economic impact on households.
Category : Search result: manufacturing costs
Edo State to Begin Local Drug Production in 2026
Edo State announces groundbreaking pharmaceutical manufacturing initiative to produce essential medicines locally by 2026, reducing import dependency and creating thousands of jobs.
Africa's shipping costs remain world's highest
New report reveals intra-African shipping costs remain the world's highest despite continental free trade agreement, hindering economic growth and regional integration.
Cooking Gas Prices Surge: New Rates Shock Nigerian Households
Nigerian families face mounting pressure as cooking gas dealers announce sharp price increases nationwide. Discover the new rates for 12.5kg, 6kg, and 5kg cylinders and what's driving this energy crisis.
Hallelujah Challenge Festival Prices Spark Outrage
A Nigerian woman's emotional video about inflated prices at Nathaniel Bassey's Hallelujah Challenge festival has sparked massive reactions online as attendees confirm shocking costs.
Germany Slashes Industrial Power Costs from 2025
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
EU, France invest €10.2M in Nigeria pharma sector
Massive €10.2 million investment aims to boost local drug manufacturing, reduce import dependency, and create thousands of jobs in Nigeria's healthcare sector.
Dangote Cement Employee Exposes Salary Breakdown
A Nigerian man's viral post revealing his alleged salary structure at Dangote Cement has sparked nationwide debate about workers' compensation in major manufacturing companies.
EU & France Invest €10.2M in Nigeria Pharma Industry
Breaking: European Union and France launch massive €10.2 million investment to transform Nigeria's local drug manufacturing capacity and healthcare security.
Kenyan Woman Gets ₦225K Wedding Food Bill in US
A Kenyan woman's dream American wedding experience turns into nightmare after receiving outrageous bill for food she already ate. Her viral reaction exposes cultural shock many Africans face abroad.
Nigeria's Building Revolution: Cheaper Homes Ahead
Construction professionals are championing a major shift to local, sustainable building materials that could reduce housing costs by up to 60% while creating new economic opportunities across Nigeria.
5% Fuel Surcharge Starts November 1 - FIRS
Nigerians brace for increased fuel costs as FIRS Chairman Taiwo Oyedele reveals new 5% import surcharge implementation timeline and tax reform plans.
China Exempts Nexperia From Dutch Semiconductor Export Ban
China exempts Nexperia from Dutch semiconductor export restrictions, securing chip supply chain and highlighting strategic importance of Chinese-owned tech firms in global market.
Ogun State: Driving Nigeria's Industrial Revolution
Discover how Ogun State's strategic partnerships with multinational corporations and local industry leaders are driving Nigeria's most significant industrial transformation in decades.
Nigeria's Printing Industry Battles Survival Crisis
Lagos Chamber of Commerce intervenes as Nigeria's printing sector faces existential threat from rising production costs, forex volatility, and power challenges. Key stakeholders gather for crucial dialogue.
15% Tariff Hike: Why Nigerians Are Furious
The Federal Government's controversial 15% tariff increase faces massive backlash from economists and citizens who argue it will cripple businesses and deepen poverty across Nigeria.
Tinubu Boosts Local Medicine Manufacturing in Nigeria
President Tinubu's administration takes decisive action to revolutionize Nigeria's pharmaceutical sector with new policies aimed at boosting local medicine manufacturing and reducing import dependency.
APC's Emami Warns Against 15% Fuel Import Tariff
Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.
Stellantis Shares Fall Despite Sales Growth
Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.
Nissan Projects ₦2.6 Trillion Loss for 2025-26
Japanese automaker Nissan projects massive ¥180 billion operational loss for 2025-26 fiscal year. Company announces aggressive turnaround strategy including new models and cost reduction measures.
Dangote Industries Hailed as Nigeria's National Treasure
The President of BAVCCA celebrates Dangote Industries as Nigeria's invaluable economic asset, highlighting job creation and industrial growth across multiple sectors.
Volkswagen Reports €1 Billion Loss Amid Tariff Crisis
German automaker Volkswagen reports staggering €1 billion quarterly loss amid EU-China tariff tensions and Porsche challenges. Discover how this impacts global automotive markets.
National Quality Conference in Nigeria Postponed
The much-anticipated National Quality Conference in Nigeria has been officially postponed. Get the latest updates on new dates and what this means for stakeholders.
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.
Nigeria loses ₦4.5B to hospital infections yearly
Shocking report reveals how preventable healthcare-associated infections drain Nigeria's economy of billions while putting patients at risk. Discover the silent crisis in Nigerian hospitals.
Nigerian Couple in Canada's ₦21M Monthly Expenses
A Nigerian lady living in Canada with her husband has gone viral after sharing their staggering monthly expenses totaling over ₦21 million. Discover how much they spend on rent, groceries, transportation and more in this eye-opening financial revelation.
Nigeria signs $400m steel production deal
Federal Government partners with African Natural Resources and Mines Limited in landmark agreement to boost domestic steel manufacturing and reduce import dependency.
Nigeria Must Scale Production to Compete Globally
Groundbreaking analysis shows Nigerian producers must embrace mass production to compete internationally. Discover the strategic roadmap for economic transformation.
EU & FG Host Manufacturing Investment Forum in Nigeria
European Union partners with Federal Government to launch transformative investment forum targeting Nigeria's manufacturing sector, renewable energy, and emerging technologies.
GSK boosts 2025 forecast amid Nigeria tariff reforms
British drugmaker GSK raises 2025 profit guidance as Nigeria's tariff reforms create favorable market conditions. Discover how this impacts healthcare costs and medicine availability.
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