Holcim, the Swiss cement and building materials manufacturer, has announced its exit from Nigeria. The company said its strategy to streamline operations and focus on high-growth...
The Manufacturers Association of Nigeria (MAN) has disclosed that despite worrying economic challenges, investments in the manufacturing sector continued to rise, reaching N250.13 billion in the...
The Manufacturers Association of Nigeria (MAN) has criticised the recent interest rate increase by the Central Bank of Nigeria (CBN). The Director General of MAN, Mr....
Vestergaard Sàrl announced today that the Government of the Federal Republic of Nigeria, acting through the Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC), has signed...
Nigerian manufacturers have shown signs of financial improvement in the second quarter of 2024 with losses significantly reduced following a drop in finance costs and the...
The manufacturing sector is facing a severe crisis following the Central Bank of Nigeria’s (CBN) delay in settling $2.4 billion worth of foreign exchange forward contracts....
In a striking indication of the challenges facing Nigeria’s manufacturing sector, tax payments from manufacturers have plummeted to their lowest level in three years. According to...
In a bid to revitalize the Nigerian automotive industry and reduce dependency on imported auto parts, the Federal Government has unveiled an ambitious plan to kickstart...
The Manufacturers Association of Nigeria (MAN) has highlighted the significant challenges faced by the manufacturing sector in the first quarter of 2024. The report, presented by...
In the first three months of 2024, some of Nigeria’s major manufacturers found themselves navigating treacherous waters as financial losses mounted amidst economic turbulence. According to...