Real Sector

The last two pieces drew attention to how improper uses of funding and protectionism have stalled Nigeria’s industrialisation efforts over the years. This week’s piece examines how…

Businesses lost billions of naira during the five-week lockdown targeted at curbing the spread of coronavirus, according to separate reports by the Lagos Chamber of Commerce and Industry…

Local manufacturers are in for a bad year as the impact of the coronavirus continues to hinder the possibilities of having a successful business year. This is highlighted in the…

The Nigerian pharmaceutical industry is faced with a number of challenges ranging from high energy cost to lack of a strong petrochemical industry. But it has managed to stay afloat in the…

The Lagos Chamber of Commerce and Industry (LCCI) has said that the current coronavirus situation ravaging the world presents an opportunity for Nigeria to embrace import substitution and…

Last week’s piece focused on the futility of throwing money at Nigeria’s industrial problem. It was argued that while Nigerian industrial drivers would inevitably need funding to scale,…

Guinness Nigeria, a subsidiary of Diageo plc and leading total beverage alcohol company, has posted a revenue of N96 billion for the nine month ended 31 March 2020. The result shows that…

Local manufacturers are likely to incur higher cost of production following the federal government’s move to adapt a flexible and unified exchange rate which will be determined by the forces…

In the last three to four decades, policy makers have adopted different approaches aimed at making Nigeria’s industrial sector competitive. But all of those approaches have either led to…

The African Continental Free Trade Area (AfCFTA), billed to start on July 1, may have to wait for one year as the continent battles to contain the spread of coronavirus. Mansur Ahmed,…