16 manufacturing firms lost N792bn to naira depreciation – MAN
The chairman of the Ogun State Manufacturers Association of Nigeria (MAN), George Onafowokan, has lamented the crisis in Nigeria’s manufacturing secto
Business
All the recent business news in Nigeria, economy and industry updates.
Power outage: Manufacturers spend N238.3bn on alternative energy
Nigeria’s manufacturing sector’s output has increased by 30.38 per cent year-on-year, reaching N5.34 trillion in H1 2024, the Manufacturers Associatio
Shafa Energy to start production of lubricant oil
Leading energy solutions provider, Shafa Energy, has announced plans to launch two cutting-edge lubricant brands: Shafa Shanu (HD40 CF/SF) and Shafa D
Jaiz Bank appoints Mustapha Ibrahim Ahmad as Non-Executive Director
Jaiz Bank has announced the appointment of Mallam Mustapha Ibrahim Ahmad as a non-executive director, in line with the NGX’s regulatory framework. The
Onne customs impounds 22 containers of illicit drugs, generates N550bn in 10 months
The Nigerian Customs Area 2 Command, Onne, Rivers State, has disclosed that it impounded 20 numbers of 40ft containers and one 20ft container laden wi