Sterling Bank Pushes Nigeria Toward Value-Added Exports to Reduce Oil Dependence
Nigeria’s drive to diversify its economy received a major boost as Sterling Bank called for a stronger focus on value-added ...
Tag: Manufacturing
NCDMB Targets Late 2026 Launch for Bayelsa Oil and Gas Industrial Park
The Nigerian Content Development and Monitoring Board (NCDMB) has confirmed that the Nigerian Oil and Gas Park Scheme (NOGaPS) located ...
Nigeria’s Company Income Tax Revenue Drops to N1.37 Trillion in First Quarter of 2026
Nigeria recorded a significant decline in Company Income Tax (CIT) revenue during the first quarter of 2026, according to new ...
Nigeria’s Food and Beverage Imports Fall to N1.39tn in Q1 2026
Nigeria’s food and beverage imports declined to N1.39 trillion in the first quarter of 2026, signaling a shift in consumption ...
FG Launches $1 Billion AfCFTA Fund to Boost Nigerian Exports
The Federal Government has unveiled a $1 billion funding initiative aimed at strengthening Nigeria’s export sector and helping businesses capitalize ...
Nigerian Banks Continue to Favour Oil and Gas Lending Despite Manufacturing Slowdown
Nigeria’s banking sector continued to channel a significant portion of its loans to the oil and gas industry in 2025, ...
Nigerian Banks Keep Oil and Gas as Top Lending Sector Despite Manufacturing Decline
Nigeria’s banking sector continued to channel the largest share of its loans to the oil and gas industry in 2025, ...
Dangote Named Africa’s Most Admired Brand for Eighth Straight Year
Dangote Industries Limited has once again been recognized as Africa’s Most Admired Brand, marking its eighth consecutive year at the ...
Nigeria’s Private Sector Growth Gains Momentum as Business Activity Reaches Seven-Month High
Nigeria’s private sector recorded stronger growth in May 2026 as business activity expanded at a faster pace, according to the ...
Stanbic IBTC PMI Shows Broad‑Based Expansion Across Agriculture, Manufacturing, and Services
Nigeria's non-oil private sector recorded its strongest expansion in nine months during May, as improving customer demand and a surge ...
