Manufacturing
Manufacturing and general industrial sector news.
Jeff Bezos-backed Zambian startup invests $150 million in cobalt exploration
KoBold aims to create a “Google Maps” of the Earth’s crust, with a special focus on finding cobalt deposits
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Consumers bear the brunt as consumer goods makers’ costs hit N1.373 trillion in 9 months
The manufacturers' operating expenses increased by 28.20% to N1,373 billion between January and September
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The 6 largest Indian owned companies operating in Nigeria
Nigeria is India’s largest trading partner in Africa
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Nigeria ranks 8 on the African Industrialization Index by the AfDB
In West Africa, Senegal, Nigeria, Cote d’Ivoire, Ghana, and Benin are the advanced countries in industrial development
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Three quoted cement firms gain N651 billion in market value
The gain is despite speculations that the latest interest rate hike by the Central Bank of Nigeria (CBN) might depress...
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Give private sector some clarity on forex – Honeywell’s CIO
He argued that Nigeria's multiple exchange rate regime is problematic for investors
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Manufacturers warn inadequate access to FX affecting output to GDP
Manufacturing growth output fell from 5.8% in the first quarter of 2022 to 3.0% in the second quarter
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Dangote, BUA Cement spent N263 billion on fuel, power in nine months as inflation soars
Both companies' profit after tax for the period stood at N287.115 billion, marking a 16.57% decrease from N344.156 billion in...
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FG mulls special FX window for manufacturers
The current multiplicity of foreign exchange window is already a big challenge to foreign exchange stability
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Nigeria, missing out on the $350 billion global paper industry
Stakeholders and government need to sit together and formulate policies that will regulate and ensure investors in paper manufacturing find...
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