US Billionaire Invests $11.8M in Nigerian Security Drone Firm
Terra Industries secures major funding from US billionaire Joe Lonsdale and global investors to expand African defence manufacturing and combat cross-border insecurity with local tech.
Category : Search result: manufacturing industries
Africa Must Leverage Trade Policy for Pharma Manufacturing
Pan African Manufacturers Association calls for urgent policy shift to boost local pharmaceutical production, reduce 70% import dependence, and secure Africa's healthcare future. Learn the strategic steps needed.
Nigeria's Economic Future Lies in Manufacturing - Paul Alaje
Chief Economist Paul Alaje argues Nigeria must shift from primary production to manufacturing to transform its economy, boost the Naira, and attract investment. Discover the roadmap.
Africa Sidelined in Global Renewable Energy Jobs Boom
A new IRENA/ILO report shows Africa captures minimal jobs from the clean energy transition despite vast potential. Discover the causes and urgent need for industrial policy.
Nigeria First Policy Fails to Boost Manufacturing Sector
Despite the 'Nigeria First' policy and past Executive Orders, Nigeria's manufacturing sector operates below 50% capacity. Experts cite weak enforcement and infrastructure gaps as key failures.
SBA Group's 'The SBA Solution' Bolsters African FMCG
SBA Group launches 'The SBA Solution,' reinforcing its role as Sub-Saharan Africa's critical FMCG technical backbone. Discover how they ensure operational continuity and cost efficiency for over 100 manufacturers.
Nigeria Reviews Tariffs to Support Local Manufacturers
The Federal Government has begun a review of Nigeria's tariff framework to strengthen industrial competitiveness and reduce production costs for domestic manufacturers. Read more.
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.
Tax Act 2025: Gains and Risks for Nigerian Manufacturers
The Nigeria Tax Act 2025 introduces sweeping reforms for manufacturers, offering tax credits and R&D deductions. Experts warn implementation is key to success. Discover the full impact.
Gombe State secures five new major investments
Gombe State attracts five new investments in key sectors, driven by business reforms under the SABER programme. Discover how this boosts Nigeria's economy.
ABU, AMA-MED Partner on Drug Production, Research
Ahmadu Bello University and AMA Pharmaceutical Company announce a strategic collaboration to boost local drug manufacturing and commercialise research, aiming to reduce costs and enhance competitiveness.
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.
Nigeria's First Astronaut Candidate: Fauziya Auwal
Meet Fauziya Auwal, Nigeria's first astronaut candidate with Titan Space Industries. Discover her journey from Kaduna to the stars and her mission to solve national challenges. Read her inspiring story.
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 risks missing blue-economy boom, NSE warns
Nigerian engineers warn policy gaps and outdated tech threaten Nigeria's share of the multi-trillion dollar blue economy. Urgent action needed to harness ocean wealth.
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.
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.
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