Dangote Refinery has named 20 companies, including A.A Rano, MRS, and TotalEnergies, to buy petrol under a new consortium arrangement, reshaping distribution after cutting off marketers accused of blending.
Central Bank of The Gambia gives commercial banks, including Nigerian lenders, until December 31, 2026, to replace non-Gambian staff with qualified locals or face fines.
Nigerian cement prices remain high at ₦12,000–₦15,000 per 50kg bag in September 2026, despite slight moderation, with Dangote, BUA, and Lafarge adjusting rates amid FCCPC investigation.
Okin Biscuits has restarted production at its Offa, Kwara State factory, marking the first time biscuits have come off the line in 17 years. The company confirmed that full commercial production has not yet resumed, with testing and calibration still ongo
Neveah Limited obtains ISO 9001, 14001, and 45001 certifications, enhancing quality, environment, and safety standards.
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Hybrid Motors Nigeria commits $95m to build EV assembly plants in Lagos and Abuja, launch ACELY brand, charging networks, and train 10,000 youths.
Nigeria's cement manufacturers generated N3.2 trillion revenue in H1 2026, driven by price increases and construction demand, according to Nairametrics.
Dangote Industries and Sinoma International sign $800m MoU to expand Itori cement plant, doubling capacity to 12M metric tonnes, boosting jobs and exports.
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Dangote Refinery has moved petrol and diesel sales from naira to dollars for some buyers, impacting fuel marketers and potentially influencing pump prices, though Nigerians will still pay in naira at filling stations.
Michelin-starred Chef Sauro Bison joins The Delborough Lagos' DANI Restaurant, elevating Nigeria's fine dining scene and reinforcing the brand's global luxury status.
Nigeria's top FMCG firms saw production costs surge in Q1 2026, squeezing profits despite revenue growth. Nestlé and Unilever managed, but Cadbury and Champion Breweries suffered.
Foreign capital inflows into Nigeria's manufacturing sector fell 50.7% to $152.27 million in Q1 2026, despite overall capital imports rising 83.8% to $10.37 billion.
John Oamen, CEO of Cutstruct, is transforming African construction by making projects bankable through transparency, digital procurement, and capital structuring, reducing risk and accelerating housing delivery.
Jetour Nigeria strengthens its position as sole authorized distributor, honored with global Market Share Leadership Award at 2026 Jetour Global Conference.
Symmex Smart Workings engages NAFDAC to pilot Huraflow-MES, Nigeria's first indigenous GMP-compliant Manufacturing Execution System for pharma and FMCG sectors.
Dangote Peugeot Automobiles Nigeria Limited has started assembling Peugeot 3008 and 5008 SUVs at its Kaduna plant, with sales beginning in April 2026. This marks a significant expansion of domestic vehicle manufacturing in Nigeria.
Dr. Daere Afonya Akobo of PANA Holdings emphasizes that Nigeria's industrial future hinges on indigenous companies, technology ownership, and execution excellence, as highlighted at the 2026 Energy Times Awards.
Chinese automaker Soueast has officially entered the Nigerian market through a partnership with Kewalram Chanrai Group, unveiling four SUV models and announcing plans to begin local assembly by August 2026.
Nigeria's Minister of Steel Development, Shuaibu Abubakar Audu, has signed a $1 billion Memorandum of Understanding with India's Rashmi Metaliks Group to revitalize the nation's steel industry over three years.
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SAM Pharmaceutical Limited celebrates its 55th anniversary by commissioning a cutting-edge pharmaceutical manufacturing facility in Ota, Ogun State, enhancing production capacity and supporting Nigeria's healthcare sector.
Cormart Nigeria Limited has transitioned to gas as its main power source, deploying 5MW of gas engines to lower emissions and mitigate diesel costs and grid instability, reflecting a broader trend in Nigerian manufacturing.
Dangote Cement, BUA Cement, and other manufacturers have increased cement prices to N12,000 per bag nationwide, driven by rising energy and logistics costs, impacting construction projects and housing affordability.
The Standards Organisation of Nigeria (SON) has called on local manufacturers to prioritize producing standard products to enhance the competitiveness of Nigerian goods in international markets, reduce import reliance, and boost exports.
Beta Glass PLC announces a remarkable 144% increase in profit after tax for the fiscal year 2025, with revenue climbing to ₦149.1 billion. The company attributes this growth to enhanced production efficiency and strategic market focus.
Dr. Ayodele Musibau Abioye, Managing Director of BUA Foods Plc, will deliver the keynote address at the 2026 Industry Summit. The event, themed 'The Year of the Real Sector', will focus on innovation and sustainability in Nigeria's manufacturing sector.
Beta Glass Plc has announced its audited financial results for 2025, revealing a 27% revenue increase to ₦149.12 billion and a 144% surge in profit after tax to ₦33.25 billion.
The ongoing US-Israel-Iran conflict is disrupting supply chains for India's $860 million condom manufacturing sector, causing shortages of key materials like silicone oil and ammonia and driving up production costs significantly.
Nigeria's auto industry faces a major transformation as Igbo transport billionaires establish vehicle assembly plants, creating competition for pioneer Innoson Vehicle Manufacturing and reshaping the market with locally tailored commercial vehicles.
The National Automotive Design and Development Council announces a major Automotive Development Park in Nnewi, Anambra State, aimed at boosting local production, cutting imports, and creating jobs under the Nigeria First policy.
The Federal Government has approved electric buses for civil servants to promote cleaner transport and strengthen Nigeria's automotive sector, with charging infrastructure and a new development park in Anambra.