In the fourth quarter of 2023, Nigeria’s manufacturing sector grew by 7.70% year-on-year, according to the National Bureau of Statistics (NBS). The surge in growth reflects...
Nigeria’s manufacturing sector grew at a slower pace in the second quarter of the year, according to the latest data from the National Bureau of Statistics...
The value of raw material imports in the third quarter of 2022 was N649.21 billion, a 23.9 percent year-on-year increase.
In spite of a series of bottlenecks, the Nigerian manufacturing sector grew by 4.29 percent year-on-year in real terms in the third quarter (Q3) of 2021,...
The Federal Government has said it is working towards reducing the cost of gas for power generation in the country as part of efforts to boost...
The Manufacturers Association of Nigeria has lamented the difficulty in accessing the Central Bank’s N1tn COVID-19 Stimulus for Manufacturing and Import Substitution, 2020. Its Director-General, Segun...
Manufacturers Are Saying High Lending Rates Hurting Productivity Nigeria’s manufacturers are blaming the nation’s high-interest rates for the low productivity of the sector. According to the...
Nigeria’s Manufacturing Sector Contracts in December -CBN Manufacturing activities in Africa’s largest economy, Nigeria, contracted in the month of December, according to the latest report from...
BUA to Sign Contract to Build Three Additional Production Lines of 3mmtpa Each BUA, Nigeria’s second-largest cement manufacturing company, on Tuesday announced it is in the...
Nigeria’s manufacturing sector expanded for the first time in six months in November, according to the latest report from the Central Bank of Nigeria. In the...