Tag: MANUFACTURING

  • MANUFACTURING AND FINTECH CONTRIBUTES HEAVILY TO NIGERIA’s $5bn INVESTMENT INFLOW

    MANUFACTURING AND FINTECH CONTRIBUTES HEAVILY TO NIGERIA’s $5bn INVESTMENT INFLOW

    Federal Government has announced that Nigeria has attracted over $5 billion in new investments in manufacturing, fintech, and energy sectors, reflecting growing investor confidence driven by economic reforms under the Renewed Hope Agenda. President Bola Tinubu highlighted these achievements at the 39th Lagos International Trade Fair, emphasizing efforts to enhance transparency, support local industries, and…

  • GROWTH OF MANUFACTURING SECTOR DELAYS AMID PORT BOTTLENECKS ‎IN SPORT

    GROWTH OF MANUFACTURING SECTOR DELAYS AMID PORT BOTTLENECKS ‎IN SPORT

    ‎ Nigeria’s manufacturing sector has continued to decline into the second quarter of 2025, primarily due to inefficient port operations. According to reports, Its contribution to GDP dropped to 7.81% in Q2 2025 from 9.62% in Q1 2025 and 8.01% in Q2 2024. Also, The sector grew 1.60% year-on-year, higher than in 2024, but experienced…