…seeking tertiary admission. And manufacturers have invested about N6.8tn in Nigeria’s manufacturing sector over the past decade even as weak customer demand, driven by eroded purchasing power, continues to limit sales of locally produced goods. Here is a recap of the major stories making headlines this morning. 1. 2027…
…three years as part of measures to address the energy crisis undermining Nigeria’s manufacturing sector. The commitment was disclosed by the Minister of Power, Joseph Tegbe, during a presentation on ‘Industrialisation and Regional Competitiveness: The Role of Power’ at the just-concluded Nigeria Economic Summit Group e…
…of its lending to large enterprises channelled into priority sectors, including power, manufacturing, agribusiness, pharmaceuticals and digital infrastructure, as it positions itself at the centre of Nigeria’s industrial revival efforts. The development finance institution said the move forms part of its 2026 strategy…
…tourism and foreign investment. Czechia’s high employment rate reflects a strong manufacturing sector, low unemployment and its close integration with European supply chains. Germany continues to benefit from its industrial base, export economy and dual vocational education system, which helps young people move from tr…
…economy last year achieved a historic trade surplus of nearly $1.2 trillion, helping its manufacturing sector through a prolonged slump in domestic consumption. The export boom has been propelled further this year by increased demand for Chinese data-processing equipment and related components, as companies rush to bui…
By Udeme Akpan Aba Power has assured residents and businesses in the Aba Ring-fenced Area that electricity supply will be restored before the end of the week following progress in efforts to resolve the gas supply disruption that plunged the area into darkness. The assurance came as members of the Abia State House of A…
…and the large number of successful entrepreneurs who originate from the area. Its manufacturing sector continues to attract investors and create employment opportunities across Nigeria.The richest towns in Anambra State continue to drive economic growth through commerce, manufacturing, agriculture, education, and touri…
…inflation, improve productivity and strengthen the competitiveness of the country’s manufacturing sector, as it looked ahead to the second half of 2026 following disruptions caused by the Middle East conflict. The association made the call against the backdrop of the latest National Bureau of Statistics data, which sho…
…welcome a rate cut to ease borrowing costs and support investment, particularly in the manufacturing sector, which has struggled under high interest rates. Their position comes despite a recent CBN Inflation Expectations Survey showing that 61.1 per cent of Nigerians want interest rates reduced ahead of the MPC meeting…
…without adequate safeguards could threaten investments in Nigeria's automotive manufacturing sector. In a position paper submitted to the Minister of Industry, Trade and Investment and copied to the National Automotive Design and Development Council (NADDC), the association argued that while the new fiscal measures pro…
…and stronger government support for local raw material development, the country's manufacturing sector may struggle to fully harness opportunities under the African Continental Free Trade Area (AfCFTA). Speaking in a television interview, Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-K…