Real Sector

The first fully automated made-in-Aba shoe will hit the market before the end of the first quarter of 2019, says Governor Okezie Ikpeazu of Abia State. Ikpeazu, who is seeking re-election…

Greif, manufacturers of steel and plastic packaging products, bemoans the challenging business environment which has hampered its operations and affected its ability to comply with…

Many Nigerians panicked last Thursday when a national newspaper reported that PZ Cussons was considering leaving Nigeria as a result of its tough financial situation in the country. Social…

Manufacturers say they have the capacity to contribute 15 percent to the Gross Domestic Product (GDP), but this can only happen if governments at all levels put policies in place to drive…

One million pairs of shoes are produced by more than 80,000 leather makers in Aba each week. With 48 million pairs produced each year at an average price of N2,500 a pair, the industry is…

The Coca-Cola Company last Thursday announced completion of its acquisition of Chi Limited in Nigeria. Coca-Cola first announced a minority investment in Chi three years ago and, as planned,…

In December 2018, the Senate passed a bill seeking to allot $1 billion from the federal government’s share of Excess Crude revenue for the completion of Ajaokuta Steel Company. The Senate…

Output of members of the Manufacturers Association of Nigeria (MAN), including large enterprises such as Dangote Group, Flour Mills of Nigeria and PZ Cussons, hit N4.76 trillion in the first…

Over the years, Nigeria’s industrial strategy has been obfuscating as it is difficult to determine whether the country is trending towards import- substitution or export- orientation.…

Bayer has launched a new ultra-modern office in the Ikeja, Lagos. The investment demonstrates Bayer’s long-term commitment to Nigeria, its clients and the industries that it operates in, the…