NNPC’s 2026 revenue hits N28.5trn, jumps 21% in August
Reports indicated NNPC generated N2.571trn in January, N2.680trn in February and N2.774trn in March before revenue surged to N4.971trn in April
N1.92trn credit crunch threatens Nigeria’s industrialisation drive – MAN
By Yinka Kolawole The Manufacturers Association of Nigeria (MAN) has raised concerns over the sharp decline in bank credit to the manufacturing sector, warning that the development could undermine industrial growth, worsen unemployment and jeopardise the implementation of the Nigeria Industrial Policy (NIP) 2025. In a statement issued yesterday, MAN Director-General, Segun Ajayi-Kadir, noted that […]
Cocoa, coffee farmers seek African bloc, $6,000 floor price to end foreign control
By Cynthia Alo The Cocoa and Coffee Farmers Alliance Association of Africa (COCEFAAA) has called for a unified African cocoa producers’ bloc and a minimum floor price of not less than $6,000 per metric tonne, to coordinate production and strengthen bargaining power for farmers across the continent. The association said the measures would help end Africa’s […]
Stakeholders seek domestic investment to curb $2.1bn ceramic import
By Yinka Kolawole Stakeholders in Nigeria’s ceramic industry have called for increased investment, innovation, stronger policy support and deeper collaboration to transform the sector into a major driver of industrialisation, job creation and economic diversification. The call was made at the Nigeria Ceramic Investment Summit and Product Exhibition 2026 (NCISPE 2026), which brought together industry leaders, […]
MAN confirms Vanguard Newspaper data showing N1.9trn decline in credit to manufacturers
•Lists key drivers, blame high rates, policy gaps By Yinka Kolawole THE Manufacturers Association of Nigeria, MAN, has raised concern over the data generated by Vanguard Newspaper showing that banks’ credit to manufacturers contracted by 22.5 per cent, a development the association warned could undermine industrial growth, worsen unemployment and weaken the implementation of the […]
70% of agric data in govt hands outdated — Survey
•As farmers, investors lack reliable information By Cynthia Alo A new study by the Nigeria Agribusiness Data and Investment Hub (NADIH), an initiative of Lagos Business School in partnership with Augmentum Advisory, has revealed that although government institutions control about 70 percent of agricultural datasets in Nigeria, much of the information is outdated and inadequate for […]
