Manufacturing Archives - Nairametrics https://nairametrics.com/category/industries/manufacturing/ Destination for Business news and analysis from Africa's largest economy Mon, 23 Jun 2025 13:48:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Manufacturing Archives - Nairametrics https://nairametrics.com/category/industries/manufacturing/ 32 32 201037849 MAN warns Lagos plastic ban could trigger job losses, economic disruption ahead of July 1 enforcement https://nairametrics.com/2025/06/23/man-warns-lagos-plastic-ban-could-trigger-job-losses-economic-disruption-ahead-of-july-1-enforcement/ https://nairametrics.com/2025/06/23/man-warns-lagos-plastic-ban-could-trigger-job-losses-economic-disruption-ahead-of-july-1-enforcement/#respond Mon, 23 Jun 2025 13:47:24 +0000 https://nairametrics.com/?p=517705 The Manufacturers Association of Nigeria (MAN) has called on the Lagos State Government to urgently reconsider its planned ban on single-use plastics (SUPs), warning that the move could have far-reaching economic, operational, and social consequences for manufacturers, traders, recyclers, and end users. 

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]]> https://nairametrics.com/2025/06/23/man-warns-lagos-plastic-ban-could-trigger-job-losses-economic-disruption-ahead-of-july-1-enforcement/feed/ 0 517705 Top 10 Nigerian companies with the largest number of employees as of 2024  https://nairametrics.com/2025/06/21/top-10-nigerian-companies-with-the-largest-number-of-employees-as-of-2024/ https://nairametrics.com/2025/06/21/top-10-nigerian-companies-with-the-largest-number-of-employees-as-of-2024/#comments Sat, 21 Jun 2025 13:58:25 +0000 https://nairametrics.com/?p=517587 Despite a challenging macroeconomic environment, several of Nigeria’s leading corporations maintained strong employment numbers in 2024. The top 10 employers collectively employed 84,491 workers in 2024, spanning sectors such as financial services, industrial goods, and consumer goods. The companies reported a combined N1,695 trillion on employee salary expenses the same year. This is according to […]

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]]> https://nairametrics.com/2025/06/21/top-10-nigerian-companies-with-the-largest-number-of-employees-as-of-2024/feed/ 2 517587 Illegal Mining: NSCDC fingers misunderstanding within Nigeria’s security architecture   https://nairametrics.com/2025/06/08/illegal-mining-nscdc-fingers-misunderstanding-within-nigerias-security-architecture/ https://nairametrics.com/2025/06/08/illegal-mining-nscdc-fingers-misunderstanding-within-nigerias-security-architecture/#respond Sun, 08 Jun 2025 15:57:14 +0000 https://nairametrics.com/?p=516904 The Nigeria Security and Civil Defence Corps (NSCDC) Mining Marshals have identified misunderstandings within the country’s security infrastructure as one of the reasons for illegal mining in parts of the country. The Mining Marshal Commander, Attah Onoja, made this known in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja. Onoja […]

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]]> https://nairametrics.com/2025/06/08/illegal-mining-nscdc-fingers-misunderstanding-within-nigerias-security-architecture/feed/ 0 516904 Afreximbank, BOI sign $75 million financing support for local manufacturers in Nigerian Healthcare sector  https://nairametrics.com/2025/06/05/afreximbank-boi-sign-75-million-financing-support-for-local-manufacturers-in-nigerian-healthcare-sector/ https://nairametrics.com/2025/06/05/afreximbank-boi-sign-75-million-financing-support-for-local-manufacturers-in-nigerian-healthcare-sector/#respond Thu, 05 Jun 2025 15:53:14 +0000 https://nairametrics.com/?p=516755 The African Export-Import Bank (Afreximbank) and the Nigerian government-owned Bank of Industry (BOI) have announced the signing of a $75 million financing term sheet to support local manufacturers under the Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) in Nigeria.

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]]> https://nairametrics.com/2025/06/05/afreximbank-boi-sign-75-million-financing-support-for-local-manufacturers-in-nigerian-healthcare-sector/feed/ 0 516755 Enugu Govt commences electric car assembly project in Owo community  https://nairametrics.com/2025/05/29/enugu-govt-commences-electric-car-assembly-project-in-owo-community/ https://nairametrics.com/2025/05/29/enugu-govt-commences-electric-car-assembly-project-in-owo-community/#respond Thu, 29 May 2025 10:57:27 +0000 https://nairametrics.com/?p=516263 The Enugu State Government has commenced the development of an electric car assembly plant in Owo community, as part of its drive to transition the state from a consumer-based economy to a production-driven one. 

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]]> https://nairametrics.com/2025/05/29/enugu-govt-commences-electric-car-assembly-project-in-owo-community/feed/ 0 516263 $800 million boost: Tinubu’s policy overhaul transforms Nigeria’s mining sector https://nairametrics.com/2025/05/25/800-million-boost-tinubus-policy-overhaul-transforms-nigerias-mining-sector/ https://nairametrics.com/2025/05/25/800-million-boost-tinubus-policy-overhaul-transforms-nigerias-mining-sector/#respond Sun, 25 May 2025 16:58:22 +0000 https://nairametrics.com/?p=515988 Nigeria’s solid minerals sector, driven by the Tinubu administration’s new policy of local value addition and a tightened licensing regime, attracted over $800 million in processing projects last year. The sector also generated over N38 billion in revenue in 2024, up from just N6 billion the previous year, despite receiving only 18% of its N29 […]

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]]> https://nairametrics.com/2025/05/25/800-million-boost-tinubus-policy-overhaul-transforms-nigerias-mining-sector/feed/ 0 515988 Plateau govt approves 159 mining firms to resume operations in the state  https://nairametrics.com/2025/05/23/plateau-govt-approves-159-mining-firms-to-resume-operations-in-the-state/ https://nairametrics.com/2025/05/23/plateau-govt-approves-159-mining-firms-to-resume-operations-in-the-state/#respond Fri, 23 May 2025 16:42:37 +0000 https://nairametrics.com/?p=515932 The Plateau State Government said it has granted clearance to 159 mining companies to commence operations across the state, despite the ongoing suspension of mining activities instituted under Executive Order 001. 

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]]> https://nairametrics.com/2025/05/23/plateau-govt-approves-159-mining-firms-to-resume-operations-in-the-state/feed/ 0 515932 MAN to CBN: Stop banks from punishing manufacturers over unsettled forex obligations https://nairametrics.com/2025/05/22/man-to-cbn-stop-banks-from-punishing-manufacturers-over-unsettled-forex-obligations/ https://nairametrics.com/2025/05/22/man-to-cbn-stop-banks-from-punishing-manufacturers-over-unsettled-forex-obligations/#respond Thu, 22 May 2025 12:16:50 +0000 https://nairametrics.com/?p=515840 The Manufacturers Association of Nigeria (MAN) has raised alarm over what it describes as the unjust treatment of its members by certain commercial banks in connection with unmet foreign exchange (Forex) forward obligations.

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]]> https://nairametrics.com/2025/05/22/man-to-cbn-stop-banks-from-punishing-manufacturers-over-unsettled-forex-obligations/feed/ 0 515840 China to establish electric vehicle factories in Nigeria   https://nairametrics.com/2025/05/19/china-to-establish-electric-vehicle-factories-in-nigeria/ https://nairametrics.com/2025/05/19/china-to-establish-electric-vehicle-factories-in-nigeria/#respond Mon, 19 May 2025 09:25:46 +0000 https://nairametrics.com/?p=515594 The Chinese government is planning to establish electric vehicle (EV) factories and other manufacturing ventures in Nigeria as part of efforts to deepen economic ties between both countries.  

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]]> https://nairametrics.com/2025/05/19/china-to-establish-electric-vehicle-factories-in-nigeria/feed/ 0 515594 Governor Uba Sani targets $300 million solid minerals investment in Kaduna https://nairametrics.com/2025/05/17/governor-uba-sani-targets-300-million-solid-minerals-investment-in-kaduna/ https://nairametrics.com/2025/05/17/governor-uba-sani-targets-300-million-solid-minerals-investment-in-kaduna/#respond Sat, 17 May 2025 14:50:00 +0000 https://nairametrics.com/?p=515527 The Governor of Kaduna State, Senator Uba Sani, has announced that the state government is in discussions with Atlantic Mining Techniques Limited regarding the establishment of a $300 million investment in the state’s solid minerals industry. He disclosed this in a statement on Saturday via his X page. According to him, the deal would unlock […]

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]]> https://nairametrics.com/2025/05/17/governor-uba-sani-targets-300-million-solid-minerals-investment-in-kaduna/feed/ 0 515527 Tinubu’s “Nigeria First” policy to accelerate Nigeria’s industrial growth—NASENI   https://nairametrics.com/2025/05/12/tinubus-nigeria-first-policy-to-accelerate-nigerias-industrial-growth-naseni/ https://nairametrics.com/2025/05/12/tinubus-nigeria-first-policy-to-accelerate-nigerias-industrial-growth-naseni/#respond Mon, 12 May 2025 10:27:45 +0000 https://nairametrics.com/?p=515110 The National Agency for Science and Engineering Infrastructure (NASENI) has thrown its weight behind President Bola Tinubu’s newly introduced “Nigeria First Policy,” describing it as a “bold, forward-thinking move” that could accelerate Nigeria’s industrial revolution and unlock massive opportunities for indigenous entrepreneurs. 

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]]> https://nairametrics.com/2025/05/12/tinubus-nigeria-first-policy-to-accelerate-nigerias-industrial-growth-naseni/feed/ 0 515110 Mining Cadastre Office generates N10.9 billion in four months – DG  https://nairametrics.com/2025/05/12/mining-cadastre-office-generates-n10-9-billion-in-four-months-dg/ https://nairametrics.com/2025/05/12/mining-cadastre-office-generates-n10-9-billion-in-four-months-dg/#respond Mon, 12 May 2025 07:39:52 +0000 https://nairametrics.com/?p=515098 The Mining Cadastre Office (MCO) has announced a significant revenue boost, generating N10.9 billion between January and April 2025, marking a major milestone in the agency’s efforts to reform and modernize Nigeria’s solid minerals sector. 

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]]> https://nairametrics.com/2025/05/12/mining-cadastre-office-generates-n10-9-billion-in-four-months-dg/feed/ 0 515098 UK’s Manufacturing Africa partners TLG Capital to boost Nigerian manufacturing with new $200 million Fund  https://nairametrics.com/2025/04/29/uks-manufacturing-africa-partners-tlg-capital-to-boost-nigerian-manufacturing-with-new-200-million-fund/ https://nairametrics.com/2025/04/29/uks-manufacturing-africa-partners-tlg-capital-to-boost-nigerian-manufacturing-with-new-200-million-fund/#respond Tue, 29 Apr 2025 14:46:13 +0000 https://nairametrics.com/?p=514260 The UK government’s Manufacturing Africa (MA) programme has sealed a strategic partnership with London-based investment firm TLG Capital to help more Nigerian manufacturers raise capital and scale up operations. 

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]]> https://nairametrics.com/2025/04/29/uks-manufacturing-africa-partners-tlg-capital-to-boost-nigerian-manufacturing-with-new-200-million-fund/feed/ 0 514260 CPPE rejects raw materials bill, warns it could harm Nigeria’s exporters, manufacturers  https://nairametrics.com/2025/04/21/cppe-rejects-raw-materials-bill-warns-it-could-harm-nigerias-exporters-manufacturers/ https://nairametrics.com/2025/04/21/cppe-rejects-raw-materials-bill-warns-it-could-harm-nigerias-exporters-manufacturers/#respond Mon, 21 Apr 2025 18:43:04 +0000 https://nairametrics.com/?p=513705 The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the proposed Raw Materials Research and Development Council (RMRDC) Bill currently before the National Assembly could have damaging consequences for Nigeria’s export-driven sectors and struggling manufacturers. 

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]]> https://nairametrics.com/2025/04/21/cppe-rejects-raw-materials-bill-warns-it-could-harm-nigerias-exporters-manufacturers/feed/ 0 513705 Nigeria’s manufacturing output hits N33.43 trillion in H2 2024 amid soaring inflation – MAN  https://nairametrics.com/2025/04/21/nigerias-manufacturing-output-hits-n33-43-trillion-in-h2-2024-amid-soaring-inflation-man/ https://nairametrics.com/2025/04/21/nigerias-manufacturing-output-hits-n33-43-trillion-in-h2-2024-amid-soaring-inflation-man/#respond Mon, 21 Apr 2025 17:02:41 +0000 https://nairametrics.com/?p=513701 The Manufacturers Association of Nigeria (MAN) has revealed that Nigeria’s nominal manufacturing output surged by 34.9% to N33.43 trillion in second half 2024, primarily driven by mounting inflationary pressures and rising domestic prices. 

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]]> https://nairametrics.com/2025/04/21/nigerias-manufacturing-output-hits-n33-43-trillion-in-h2-2024-amid-soaring-inflation-man/feed/ 0 513701 Trade War: Ford suspends vehicle exports to China amid mounting tariff pressures  https://nairametrics.com/2025/04/19/trade-war-ford-suspends-vehicle-exports-to-china-amid-mounting-tariff-pressures/ https://nairametrics.com/2025/04/19/trade-war-ford-suspends-vehicle-exports-to-china-amid-mounting-tariff-pressures/#respond Sat, 19 Apr 2025 06:12:50 +0000 https://nairametrics.com/?p=513613 Ford Motor Company has announced a halt in shipments of its SUVs, pick-up trucks, and sports cars to China, as the automaker faces increasing challenges from retaliatory tariffs. 

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]]> https://nairametrics.com/2025/04/19/trade-war-ford-suspends-vehicle-exports-to-china-amid-mounting-tariff-pressures/feed/ 0 513613 Afreximbank to develop $300 million export manufacturing projects in Cross River, Imo, Enugu, and Kano https://nairametrics.com/2025/04/11/afreximbank-to-develop-300-million-export-manufacturing-projects-in-cross-river-imo-enugu-and-kano/ https://nairametrics.com/2025/04/11/afreximbank-to-develop-300-million-export-manufacturing-projects-in-cross-river-imo-enugu-and-kano/#respond Fri, 11 Apr 2025 09:34:19 +0000 https://nairametrics.com/?p=513117 The African Export-Import Bank (Afreximbank) has announced plans to develop a $300 million export manufacturing initiative across four Nigerian states—Cross River, Imo, Enugu, and Kano—as part of its broader strategy to stimulate non-oil exports and industrial growth in the country. 

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]]> https://nairametrics.com/2025/04/11/afreximbank-to-develop-300-million-export-manufacturing-projects-in-cross-river-imo-enugu-and-kano/feed/ 0 513117 Ogun to host aluminium and copper recycling plant in Mowe, projected to generate $150 million annually  https://nairametrics.com/2025/04/09/ogun-to-host-aluminium-and-copper-recycling-plant-in-mowe-projected-to-generate-150-million-annually/ https://nairametrics.com/2025/04/09/ogun-to-host-aluminium-and-copper-recycling-plant-in-mowe-projected-to-generate-150-million-annually/#respond Wed, 09 Apr 2025 05:38:40 +0000 https://nairametrics.com/?p=512965 Ogun State has announced the launch of a private aluminium and copper recycling plant by Neveah Ltd in Mowe, which is projected to generate $150 million in annual revenue once fully operational. 

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]]> https://nairametrics.com/2025/04/09/ogun-to-host-aluminium-and-copper-recycling-plant-in-mowe-projected-to-generate-150-million-annually/feed/ 0 512965 SON issues 107 product certifications to 44 companies in Anambra  https://nairametrics.com/2025/04/04/son-issues-107-product-certifications-to-44-companies-in-anambra/ https://nairametrics.com/2025/04/04/son-issues-107-product-certifications-to-44-companies-in-anambra/#respond Fri, 04 Apr 2025 05:55:01 +0000 https://nairametrics.com/?p=512596 The Standards Organization of Nigeria (SON) has confirmed the quality and safety of 107 products in Anambra state while presenting Mandatory Conformity Assessment Programme (MANCAP) certificates to the manufacturers. 

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]]> https://nairametrics.com/2025/04/04/son-issues-107-product-certifications-to-44-companies-in-anambra/feed/ 0 512596 Raw Materials Council seeks Industry’s support on raw materials exportation ban in Nigeria https://nairametrics.com/2025/04/01/raw-materials-council-seeks-industrys-support-on-raw-materials-exportation-ban-in-nigeria/ https://nairametrics.com/2025/04/01/raw-materials-council-seeks-industrys-support-on-raw-materials-exportation-ban-in-nigeria/#respond Tue, 01 Apr 2025 06:46:43 +0000 https://nairametrics.com/?p=512398 The Raw Materials Research and Development Council (RMRDC) has sought the support of the rubber industry regarding the prevention of raw materials exportation from Nigeria through the amendment of its founding Act, among other measures. 

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]]> https://nairametrics.com/2025/04/01/raw-materials-council-seeks-industrys-support-on-raw-materials-exportation-ban-in-nigeria/feed/ 0 512398