Business
US-China tensions reignite over Huawei AI chip export rules

China denies US claims of funding militias in

  • 13th February 2026

SEC partners NOA to raise awareness on illegal

  • 13th February 2026

NECA, stakeholders push for more robust labour justice

  • 13th February 2026

NNPC remitted N14.7tn to FG in 2025 –

  • 12th February 2026

Contact Info

Some Populer Post

Baidu denies data breach allegations after exec's daughter's leak

Chinese Baidu integrates OpenClaw AI for in-app task automation

Tech

United Nigeria Airlines to list on stock market in

Aviation

Electricity got only N60m of N858bn 2025 budget –

Electricity
US-China tensions reignite over Huawei AI chip export rules

China denies US claims of funding militias in Nigeria

Business
  • Home
  • Manufacturing Industry

Tag: Manufacturing Industry

Policy and Regulations

FG reviews tariff policies to boost local production

The Federal Government has commenced a strategic review of tariff policies aimed at encouraging local production, protecting domestic industries, and easing the cost of doing business. The move followed a high-level meeting involving the Tariffs Review Board and the Minister of State for Finance, Dr Doris Uzoka-Anite, where existing tariff regimes were assessed against the […]

MAN calls for regulations to protect manufacturers, consumers
Business

MAN raises the alarm over sharp decline in manufacturing output

The Manufacturers Association of Nigeria has stated that the country’s manufacturing sector is grappling with severe macroeconomic pressures, leading to a sharp decline in its contribution to the national economy. According to the association, manufacturing’s share of the economy has fallen dramatically from 29.9 percent in 1981 to just 8.2 percent in 2024, underscoring the […]

News

Nigeria’s manufacturing sector plagued by N14trn deficit — Report

Nigeria’s manufacturing sector has sunk deeper into deficit, with imports of manufactured goods outpacing exports by over N14 trillion in the first half of 2025. According to the National Bureau of Statistics, the value of manufactured goods imported between January and June stood at N15.39 trillion, while exports during the same period amounted to just […]

Don, CITN advocate taxes for economic development
News

Don, CITN advocate taxes for economic development

Bisola David The Rector of The Federal Polytechnic Ilaro, Dr Akinde Mukail, has stated that Nigeria must turn inward and use taxation to stabilize the economy, close the infrastructure gap, fund education, and generate jobs. According to The Punch, Mukail made the announcement on Thursday at the 49th Induction Ceremony of the Chartered Institute of […]

featured

Nigeria is finished if manufacturing sector dies, MAN warns

    The Manufacturers Association of Nigeria has criticized the Federal Government’s decision to lift a ban on the importation of 43 specific items into the country, a move previously restricted by the Central Bank of Nigeria for eight years. These items encompass essentials such as rice, cement, margarine, palm kernel, palm oil products, vegetable […]

Manufacturing sector's GDP contribution falls to N1.49trn
Business

Manufacturing sector’s GDP contribution falls to N1.49trn

In the second quarter ended June 2023, the manufacturing sector contributed N1.5 trillion to Nigeria’s GDP in real terms. This marks a 17.24 percent decrease from the N1.8 trillion contribution recorded in the first quarter of the year. According to the Nigerian Bureau of Statistics, the country’s GDP expanded by 2.51% in Q2’23, compared to […]

How manufactured goods imports gulp $6.7bn in six months – Report
featured

Cash crunch: Manufacturers lament unsold goods worth N470bn

The bi-annual economic review of the Manufacturers Association of Nigeria shows that the drop in purchasing power of Nigerians for Nigerian manufactured goods was worsened by the cash crunch that hit the economy in the first quarter of 2023. According to Vanguard, analysis of the report shows that the rise in inventory is despite a […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in