Saturday, October 31, 2026
Dangote’s polypropylene plant to revive textile industry, cut $267m imports – MAN
Business a.m. Segun Kadir-Ajayi, director-general of MAN The Manufacturers Association of Nigeria (MAN) has stated that the production of polypropylene...
Read moreDetailsInflation, raw material costs drag down manufacturer confidence in Q3’24
Onome Amuge Nigeria’s manufacturing sector is facing a host of challenges, from rampant inflation and high raw material costs to...
Read moreDetails16 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...
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