Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.
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 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.
PromoPrint Ventures celebrates 25 years, highlighting local manufacturing resilience, innovation, and the shift from import dependence. Read the inspiring story of Nigerian enterprise.
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.
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.
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.
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.
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.
Germany's economy faces its worst post-war crisis, with industry leaders urging urgent government action to reverse the decline. Read the full analysis.
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.
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.
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.
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.
Manufacturers Association of Nigeria warns proposed sugar-sweetened beverage tax increase could undermine local production, threaten jobs, and distort investments. Urge lawmakers to reconsider.
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 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.
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 laments 37% lending rate, says high borrowing costs hinder production and reduce competitiveness. DG Segun Ajayi-Kadir urges CBN for rate reduction.
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.
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.
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!
The IMF calls for Germany to implement pro-growth structural reforms alongside increased public spending to ensure sustained economic recovery. Learn more about the challenges facing Europe's top economy.
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 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.
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.
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.
Samsung announces massive $310 billion investment to power AI expansion, including new semiconductor plants and data centers. Discover how this impacts global tech landscape.
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.
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.