Manufacturing Industry News

  • Day Spring News:Ukriane To Invest $2bn Manufacturing, Agro-processing Equipment In Nigeria
    Day Spring News:Ukriane To Invest $2bn Manufacturing, Agro-processing Equipment In Nigeria 4/13/2018

    Posted by:  DaySpringNews 13th April 2018

    Ukraine would invest over $2billion in the provision of manufacturing equipment, agro-processing, agricultural, metal and plastic equipment to Nigeria

  • BusinessDay:How Manufacturers plan to enhance competitiveness in global market
    BusinessDay:How Manufacturers plan to enhance competitiveness in global market 3/5/2018

    posted by: Businessday 05 of March 2018.

    Nigerian manufacturers are hard hit by poor market and credit access, infrastructure hiccups, low patronage and high production cost. These and many other factors hurting their competitiveness in the local and international markets.

  • Optimum Times: Over 3000 Exhibitors,Visitors confirms Participating in Manufacturing  Equipment Expo
    Optimum Times: Over 3000 Exhibitors,Visitors confirms Participating in Manufacturing Equipment Expo 3/1/2018

    Posted by: Optimum Times 01 of March 2018 

    Over 3,000 visitors and exhibitors have confirmed their participation in the forthcoming manufacturing equipments expo being hosted by the manufacturing association of nigeria (man) and clarion event west african.

  • The Guardian: Manufacturers Leverage Expo to reduce Raw Material Expo
    The Guardian: Manufacturers Leverage Expo to reduce Raw Material Expo 3/1/2018

    posted by: The Guardian 01 March 2018

    Despite recording an improvement in local sourcing of raw materials for production, manufacturers in the country have expressed optimism of further reducing their level of imports as well as deepen access to plants and machineries necessary for value addition at this year’s Nigeria manufacturing and equipment (NME) and raw materials (NIRAM) expo

     

  • Daily Trust: Out of Recession but not yet out of the woods – MAN President interview
    Daily Trust: Out of Recession but not yet out of the woods – MAN President interview 9/10/2017

    Posted by: The Daily Trust 10th September 2017

    Frank Udemba Jacobs is the President, Manufacturing Association of Nigeria (MAN) in this interview, Jacobs reviews the National Bureau of Statistics (NBS) second quarter report and outlines what government must do to sustain the current growth in the nation’s economy. Excerpt:

  • Leadership.NG: Nigeria’s Manufacturing Investment Hits N3.7trn In 3 Years
    Leadership.NG: Nigeria’s Manufacturing Investment Hits N3.7trn In 3 Years 8/11/2017

    Posted by: OLAJIDE FABAMISE, 11th of August 2017

    Manufacturers in the country under the auspice of Manufacturers Association of Nigeria (MAN) have disclosed that Nigeria’s cumulative manufacturing investment stood at N3.79 trillion in 2016. This is according to a survey conducted by MAN and made available to LEADERSHIP in Lagos.

  • vanguard: Manufacturers import 1.4m MT of raw sugar in H1 2017
    vanguard: Manufacturers import 1.4m MT of raw sugar in H1 2017 8/10/2017

    Posted by: Franklin Alli

    DOMESTIC sugar manufacturers imported over 1.4 million metric tonnes of raw sugar into the country in the first half of 2017 (H1’17). The imports were maily as raw material for final consumer sugar refinery.

  • Business Day: Seaports activity up on back of FX liquidity
    Business Day: Seaports activity up on back of FX liquidity 7/31/2017

    Posted by: Odinaka Anudu & Amaka Anagor-Ewuzie, Business Day, 31st July 2017

    After a very difficult 2016, operators in Nigeria’s seaports are seeing an uptick in business, due to an increase in the volume of imported raw materials, spurred by the appreciation in the value of the naira and availability of foreign exchange.

  • This Day: An Entrepreneur of Note
    This Day: An Entrepreneur of Note 7/3/2017

    Posted by Solomon Elusoji, This Day. 3rd July 2017

    The story of how Yemisi Iranloye built a billion naira business, just years after leaving paid employment

  • The Nation: Banks boost lending despite hard times
    The Nation: Banks boost lending despite hard times 6/28/2017

    Posted by: Collins Nweze, The Nation, 28th June 2017

    An analysis of the 2016 audited financial results of 13 banks, including Stanbic IBTC Bank, has shown that despite low productivity in the manufacturing sector, the lenders recorded about 16.1 percent increase in total credit to the real sector, from the N1.8 trillion in 2015 to N2.1 trillion in 2016. This underscores the pivotal role banks play in the resurgence of the economy.

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