Dangote Cement Hits N1 Trillion Profit as Prices Rise
Dangote Cement reports a record-breaking N1 trillion profit for 2025, driven by strategic price increases, cost control, and an 18.6% surge in export volumes across Africa.
Category : Manufacturing
Ogun Unveils Mega Garment Factory, Abiodun Vows 250,000 Jobs
Ogun State has launched a massive cotton garment factory projected to create 250,000 jobs, with Governor Dapo Abiodun envisioning it as a world-class textiles hub integrated with the Gateway Agro-Cargo Airport for enhanced supply chains.
FG Restricts Motorcycle Parts Imports to Boost Local Production
The Federal Government has implemented an import-deletion program targeting motorcycle and tricycle components to stimulate domestic manufacturing, create jobs, and reduce foreign exchange reliance.
Dangote's 400,000-Tonne Detergent Plant to Challenge Unilever
Aliko Dangote unveils a major petrochemical plant in Nigeria, producing 400,000 tonnes of detergent raw materials annually to dominate African supply chains and compete with multinationals like Unilever and PZ Cussons.
FG Unveils Industrial Policy, N3tn BOI Recapitalisation Plan
The Federal Government has launched a comprehensive industrial policy aimed at reviving dormant factories and boosting domestic manufacturing. Key measures include a proposed N3 trillion recapitalisation of the Bank of Industry, tax harmonisation, and low
Beta Glass Acquired by Helios Investment Partners
Frigoglass Group has finalized the sale of its Nigerian packaging holdings, including Beta Glass Plc, to Helios Investment Partners, marking a significant ownership transition for West Africa's leading glass manufacturer.
Lafarge Africa Expands Cement Plants in Nigeria
Lafarge Africa announces expansion of Ashaka and Sagamu cement plants to 5.5 million metric tonnes annually, sparking market optimism but analysts caution on price reductions.
Chisco Launches Vehicle Assembly Plant, Challenges Innoson
Chisco Transport has officially launched a vehicle assembly plant in Lagos, rolling out 80 luxury buses and 40 trucks to compete with Innoson in Nigeria's growing auto industry.
Innoson Unveils World's Largest CNG Vehicle Plant in Nigeria
Innoson Vehicle Manufacturing is set to commission the world's largest CNG vehicle production facility in Nigeria, with capacity for 3,000 vehicles annually and creating 2,000 jobs.
Nigeria's Auto Sector: High Hopes for 2026 Amid Old Challenges
Nigeria's automobile industry faces 2026 with expectations for the NAIDP Act, local production, and EV adoption, but old hurdles like policy implementation and infrastructure remain. Will this be the year of transformation?
Manufacturers Decry Exorbitant Energy Costs, Erratic Supply
Nigerian manufacturers face crippling energy bills up to N220m monthly, hindering competitiveness. Despite Band A promises, outages persist, forcing reliance on costly alternatives.
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.
FG Unveils Gold Refinery, $600m Lithium Plant Ready
Nigeria's Federal Government confirms operational gold refinery in Lagos and a $600 million lithium plant in Nasarawa, marking a strategic move towards local mineral processing and clean energy supply chains.
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.
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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.
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Mouka Gifts 71 New Year Babies in 15 States
Mouka, Nigeria's top bedding brand, celebrated 2026 by gifting Dreamtime Baby Mattresses and essentials to 71 newborns across 15 states, partnering with Lagos First Lady Dr. Ibijoke Sanwo-Olu.
ALCMAN's 2026 Automated Platform for Local Spare Parts
ALCMAN plans a 2026 digital platform for real-time access to Nigerian-made vehicle parts, boosting local content and after-sales service. Read more about this automotive revolution.
Industrialist Calls on Dangote to Reduce Diesel Price
Ibadan industrialist Emmanuel Ogunnaike appeals to Aliko Dangote to lower diesel costs, citing crippling production expenses for manufacturers reliant on generators due to poor grid power.
Professionals Powering Nigeria's Mining Sector Growth
Insights from Segilola Resources' leaders on unlocking Nigeria's solid minerals potential, creating jobs, and driving sustainable economic diversification away from oil dependency.
How ATE is Helping Nigerian Businesses Scale Across Africa
ATE CEO Onyekachi Izukanne explains how local production and regional sourcing can combat inflation, create skilled jobs for youth, and help SMEs expand across Africa. Discover the strategy.
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.
FG Introduces Compulsory Vehicle Recycling Fee for 2026
The Nigerian government announces a mandatory vehicle recycling fee starting 2026 to tackle abandoned cars and formalise the auto recycling sector, projecting over ₦150bn in annual revenue.
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.
VW Stops Production at Historic German Factory
Volkswagen halts production at its Dresden 'Transparent Factory,' marking the first German plant closure in its 88-year history. The site will pivot to AI and chip research. Read more.
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