Thursday, July 2, 2026
16 Nigerian firms lose N792bn amidst manufacturing sector crisis, reveals MAN
Onome Amuge The Manufacturers Association of Nigeria (MAN) recently disclosed that 16 major manufacturing firms suffered losses amounting to N792...
Read moreDetailsManufacturers stuck with N1.24tn in unsold goods as consumers’ buying power weaken
Onome Amuge The Manufacturers Association of Nigeria (MAN) has disclosed that its unsold inventory has increased 357.57 percent in the...
Read moreDetailsUnderemployment: NEITI seeks more women participation in Nigeria’s mining sector
Onome Amuge The Nigeria Extractive Industries Transparency Initiative (NEITI), a leading advocate for transparency and accountability in Nigeria's extractive sector,...
Read moreDetailsFuel price hike spells doom for Nigerian businesses as inflation concerns mount
Business a.m. The Manufacturing Association of Nigeria (MAN) has issued a warning that the recent hike in the cost of...
Read moreDetailsNigeria manufacturing sector’s setback continues as FDI down 57.4% in Q1’24
Onome Amuge The Nigerian production and manufacturing sector experienced a steep decline in foreign investment inflows in the first quarter...
Read moreDetailsNigeria’s economic woes tighten as cement prices shoot above rooftops
Analysts say: Reduce inflation Stabilise exchange rate Improve liquidity in foreign exchange market Lower energy costs are critical steps needed...
Read moreDetailsLagos cracks down on plastic pollution with styrofoam ban
Business a.m The Lagos State government has announced a ban on the use and distribution of styrofoam and other single-use...
Read moreDetailsRestructuring, acquisition seen for Nigeria firms as Naira stings FMCGs
Cadbury, Guinness, Nestlé in N472bn naira woes ONOME AMUGE A recent report by capital market conglomerate Meristem has found that...
Read moreDetailsMAN,RMRDC collaborate to strengthen local supply chains
Business a.m The Manufacturers Association of Nigeria (MAN) and the Raw Materials Research and Development Council (RMRDC) have collaborated...
Read moreDetailsTextile manufacturers seek intervention grants to revive industry
By Cynthia Ezekwe. Textile manufacturers in Nigeria have advocated for special grants from the federal government to revive the country’s...
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