Manufacturers may sack workers as naira loses 39%
The Nigerian naira has experienced a significant depreciation of 38.9% against the US dollar at the official Investors and Exporters (I&E) window of the Central Bank of Nigeria…
Top 15 Nigerian Tile Industries
Top 15 Nigerian Tile Industries – In recent times, the Nigerian tile industry has witnessed significant expansion and metamorphosis. Initially driven by the country’s swift urbanization coupled with…
Under Godwin Emefiele, CBN Loaned N5.6trn to Manufacturers
The Central Bank of Nigeria has increased its intervention in the manufacturing, aviation, and power sectors to N5.6 trillion over the last three years according to CBN results…
Top 15 Trusted Condensed Milk Manufacturers in Nigeria
Condensed milk has been a beloved staple in kitchens across Nigeria, adding a rich and creamy touch to various culinary delights. With the demand for high-quality condensed milk…
Manufacturers spend N639bn on power, self-generate over 14,000MW
As enterprises self-generate more than 14,000 megawatts of electricity due to inadequate supply from power distribution firms, rising energy costs are impairing economic activity in Africa’s most populous…