Industry

Jumia Brand Festival 2026 Launches 20 Days of "Beta Prices, Direct From Source" Exclusive Deals

Dangote Refinery Says Rising Fuel Imports Are Forcing Greater Export Focus Despite Strong Local Supply Capacity

Guinness Open For More Records 428 Winners After First Month of Weekly Live Draws

Nestlé Nigeria Marks Five Years of Empowering Rural Women as 50 Zaria Retailers Join Initiative

Guinness Rewards Consumers with ₦17 Million in First Week of 'Open For More' Draw

Nestlé Nigeria Opens Applications for 2026/2027 Community Scholarship Programme

Dangote Cement Posts 22% Revenue Growth in Q2 as Volumes and Prices Rise, But Higher Taxes Cap EPS Gains

Nestlé Nigeria Recognises Outstanding Distributors, Reinforcing Its Commitment to Shared Growth

Ecobank Nigeria Launches Scaling Up!!! Podcast to Champion African Entrepreneurship and Business Growth

Stanbic IBTC empowers MSMEs with business growth insights at Nigeria Business Summit Regional Tour in Ibadan

Jumia Nigeria Expands Flexible Payment Options With Klump Partnership …Allows eligible customers to spread purchases over up to 12 months

Jumia Calls for Payment Harmonisation, Stronger Policies to Boost Africa's Digital Trade

Guinness Rolls Out Nationwide Consumer Rewards Promotion

BOI Unveils Maiden Development Impact Report, Disburses N644.9bn, Supports 1.68 Million Jobs in 2025

BoI, NBCC Sign MoU to Deepen Bilateral Trade, Industrial Growth and Investment

MAGGI Strengthens Stakeholder Understanding of Food Quality and Safety Through Immersive Value Chain Engagements

Africa’s Largest Bank Backs Dangote Refinery IPO

Nestlé Nigeria Concludes 15-Year Anniversary Celebration of its Technical Training Centre with 20 New Graduates from Abaji Factory

Fertiliser Plants: Dangote vows to ensure food security in Africa … Raises Investment in Ethiopia to $4 Billion

Nestlé Nigeria, Federal Ministry of Livestock Development Partner to Establish Dairy Technical Skills Development Centre

MAN Slams World Bank Over Fuel Import Advice, Warns of “Economic Sabotage

SWAN Announces Workshop to Tackle Illicit Trade in the Spirits and Wines Sector

MAGGI Unveils Qing Madi as the Face of “Me & MAGGI, So Good Together” Campaign

Why Nigerians Still Hesitate to Pay Online and What Jumia Nigeria Is Doing Differently

Dangote Seals US$4.2bn Gas Deal with China’s GCL Group to Power Its Ethiopian Fertilizer Megaproject

Economic Sabotage: Police Burst Factories in Anambra for Destroying Returnable Packaging Materials

BUA Group Chairman, Abdul Samad Rabiu, Calls for Shift from Extraction to Value Addition at AFC Event during Mining Indaba 2026

Founder and Executive Chairman of BUA Group, Abdul Samad Rabiu CFR CON, has called for a decisive shift in Africa’s development strategy, urging governments, financiers, and the private sector to move

Dangote Cement Vows to Make Africa Self‑Sufficient in Cement Production

Dangote Cement Plc has reaffirmed its commitment to making Africa fully self‑sufficient in cement production, strengthening the continent’s industrial backbone and reducing reliance on imported constr

MAN Urges Caution Over NAFDAC’s Ban on Sachet Alcohol, Cites Govt Directive - FinancialEDGE

The Manufacturers Association of Nigeria (MAN) has observed, in recent times, the activities of the National Agency for Food and Drug Administration and Control (NAFDAC) regarding the disruption of the businesses of our members in the Wines and Spirits sector. This is inimical to the profitable operation of the companies concerned and will certainly hurt

Dangote Cement Welcomes over 100 New Engineers After Completion of Graduate Trainee Program - FinancialEDGE

Dangote Cement Plc has inducted almost 200 newly trained engineers and other professionals into its workforce following the successful completion of its Graduate Trainee Programme, reaffirming the company’s commitment to job creation, skills development, and local capacity building in Nigeria. The trainees, drawn from various engineering, finance, IT and other disciplines, were formally inducted over

Dangote Outlines New Strategy to Drive Africa’s Economic Expansion and Industrial Development - FinancialEDGE

Dangote Industries Limited (DIL) has announced an ambitious Vision 2030 strategy aimed at fast‑tracking Africa’s industrialisation, strengthening economic self‑sufficiency, and empowering the continent’s next generation. President of the Group, Aliko Dangote, reaffirmed that the company’s long‑term direction is focused on building Africa’s capacity to feed itself, power its economy, and develop its people sustainably. Revealing

Manufacturers Urge CBN to Cut Borrowing Costs After MPC Keeps MPR at 27% - FinancialEDGE

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded its 303rd meeting on November 24‑25, 2025 by leaving the benchmark interest rate unchanged at 27 percent and widening the standing‑facilities corridor to +50/‑450 basis points around the MPR. The committee also retained the cash‑reserve ratio (CRR) at 45 percent for commercial banks and 16 percent

Dangote Group Reaffirms Commitment to Zambia’s Economic Growth - FinancialEDGE

President and Chief Executive of the Dangote Group, Aliko Dangote and his team, paid a courtesy call on His Excellency Mr. Hakainde Hichilema, President of the Republic of Zambia. The visit underscores the Dangote Group’s continued commitment to supporting Zambia’s national development agenda. Since its establishment in Zambia, the Dangote Group has demonstrated strong confidence

Man Calls for Rescission of NAFDAC’s Ban on Sachet Alcoholic Beverages, Says It Contradicts Joint Progressive Agreements Reached by Stakeholders. - FinancialEDGE

The Manufacturers Association of Nigeria (MAN) has expressed concerns over the recent directive issued by the National Agency for Food and Drug Administration and Control (NAFDAC) to outrightly ban the production and sale of alcoholic beverages packaged in sachets and small PET bottles by 31st December 2025. This directive followed a resolution reported to have

Dangote Fertiliser Limited Partners with German’s thyssenkrupp Uhde to License Four Urea Granulation Units in Nigeria - FinancialEDGE

thyssenkrupp Uhde Fertilizer Technology (UFT), a subsidiary of thyssenkrupp Uhde, has entered into a strategic agreement with Dangote Fertiliser Limited (DFL) to license its advanced UFT Fluid Bed Granulation Technology for four new urea granulation units in Nigeria. The agreement includes the provision of the technology license, a comprehensive Process Design Package (PDP), and the

Dangote Cement Promotes Sustainable Shift in Africa’s Distribution Value Chain … invests in low-carbon logistics and digital transformation - FinancialEDGE

Dangote Cement Plc has once again demonstrated its lead in driving sustainable transformation across Sub-Saharan Africa’s cement value chain, with its Group Managing Director, Mr Arvind Pathak, reaffirming the company’s commitment to innovation and responsible growth at the 14th Africa CemTrade Summit in Accra, Ghana. Speaking on the theme “Sustainable Innovation in the Sub-Saharan

Apply Perfumes Correctly To Ensure Best Scent Experience – Says Sirtified Perfume CEO, Adetayo Olowookere - FinancialEDGE

The Managing Director of Sirtified Perfume and More, Femi Adetayo Olowookere has got his audience awestruck at the venue of a talk show organized for lovers of perfumes and merchants at a popular hotel in Victoria Island, Lagos on Tuesday, October 28, 2025. Adetayo who used the opportunity to share his over twenty years experience

Aliko Dangote Foundation (ADF), Launches National Initiative to Promote Fermented Foods for Nutrition and Food Security - FinancialEDGE

The Aliko Dangote Foundation (ADF), in partnership with Sight and Life Foundation (SAL), has launched a nationwide initiative titled “Promotion of Production & Consumption of Fermented Foods for Food & Nutrition Security in Nigeria.” The program, unveiled at a workshop in Lagos, aims to combat malnutrition and improve food security by promoting the production and consumption

Dangote Retains Nigeria’s Most Valuable Brand Title for Eighth Consecutive Year - FinancialEDGE

Dangote Industries Limited has once again reaffirmed its dominance as Nigeria’s Most Valuable Brand, emerging at the top of the Top 50 Brands Nigeria 2025 ranking for the eighth consecutive year. The latest report, now in its 13th edition, highlights the most admired and resilient brands powering Nigeria’s economy. Dangote achieved a Brand Strength Measurement

Dangote, Ethiopia PM Break Ground on $2.5bn Fertiliser Plant … Dangote Reaffirms Commitment to Africa’s Industrialisation - FinancialEDGE

A new chapter in Africa’s industrial story opened on Thursday as Aliko Dangote, President/Chief Executive, Dangote Group, led the groundbreaking of a $2.5 billion fertiliser plant in Gode, Ethiopia. The project, a partnership between Dangote Group and Ethiopian Investment Holdings (EIH), with a production capacity of three million metric tonnes of urea annually, is expected

Manufacturers Association of Nigeria Warns Against Tax Stamp System for Excisable Goods - FinancialEDGE

The Manufacturers Association of Nigeria (MAN) has expressed concerns over the potential introduction of a Tax Stamp System for excisable goods in the country. According to MAN, this system would impose heavy compliance costs, create operational bottlenecks, and yield limited incremental revenue. MAN believes the Tax Stamp System would contradict the gains of the Nigeria

Our CNG drivers have life Insurance, housing loans, and earn three times the minimum wage -Dangote refinery - FinancialEDGE

Aliko Dangote, President of the Dangote Group, on Monday revealedthat his resolve to take thousands of Nigerians off the unemployment market remains intact, noting that his companies will continue to employ Nigerians and contribute to further reducing the country's unemployment rate. Speaking to the media in his Refinery complex on Monday, Dangote said his company

MAN Applauds FG’s Suspension of 4% FOB Charge, Sees Relief for Nigerian Manufacturers - FinancialEDGE

The Manufacturers Association of Nigeria (MAN) has commended the Federal Government, and the Minister of Finance & Coordinating Minister for the Economy over the recent suspension of the reintroduced 4% Free-on-Board charge on imports, which came into effect on August 4, 2025. According to Director General of the Association, Segun Ajayi-Kadir mni, "this move comes

Grenada, St. Kitts PMs, Nigeria’s Finance, Trade Ministers, Gov, Others Laud Dangote Industries at 2025 IATF - FinancialEDGE

Prominent leaders including the Prime Minister of Grenada, Dickon Mitchell; the Prime Minister of Saint Kitts and Nevis, Dr Terrance Drew; Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun; Minister of Industry, Trade and Investment, Dr Jumoke Oduwole; and the Governor of Zamfara State, Dauda Lawal, were among the personalities who

Manufacturers Cry Foul Over 4% FOB Charge: ‘Not Industry-Friendly, Not Development-Oriented - FinancialEDGE

The Manufacturers Association of Nigeria (MAN) has strongly objected to the Nigeria Customs Service's reintroduction of a 4% Free-on-Board (FOB) charge on imports, effective August 4, 2025. MAN's Director-General, Segun Ajayi-Kadir, described the move as "not industry-friendly and certainly not development-oriented". According to Ajayi-Kadir, the charge will lead to a significant increase in the cost

Dangote Group to build 3 million metric tons, valued $2.5bn fertiliser plant in Ethiopia …Will maintain 60% ownership - FinancialEDGE

Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have announced the signing of a comprehensive shareholders' agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia. Under the partnership structure, EIH will hold a 40% equity stake while Dangote Group will maintain

Maintain Rate Cut to Boost Manufacturing Sector” – Manufacturers Association of Nigeria’s Plea to CBN. - FinancialEDGE

The Manufacturers Association of Nigeria (MAN) has expressed disappointment over the Monetary Policy Committee's (MPC) decision to maintain the current interest rate, citing the need for a rate cut to boost the manufacturing sector. The MPC, in its 301st meeting, maintained the Monetary Policy Rate (MPR) at 27.50 percent, citing persistent uncertainty in the policy

Dangote says Tinubu’s Policies are reviving the Private Sector - FinancialEDGE

President/Chief Executive of the Dangote Group, Aliko Dangote, has hailed President Bola Ahmed Tinubu as a listening president whose policies are restoring private investors' confidence in Nigeria’s economy. Dangote made the remarks over the weekend during a visit by the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, to the $20 billion Dangote Petroleum

For Growth and Development: Dangote urges wealthy Nigerians to invest in Nigeria - FinancialEDGE

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has urged wealthy Nigerians to invest in Nigeria, as it is the only way to build the nation. He said there is no two ways about it: real growth and development cannot happen in a nation without significant investments. He criticised the tendency of African

Upskill Universe Partners with HP and Google to Equip 10,000 African SMEs with Business Skills - FinancialEDGE

UpSkill Universe has announced the launch of the Skills for Business programme, a new initiative to help 10,000 small and medium-sized enterprises (SMEs) in Nigeria and South Africa build critical digital and business skills for economic and business growth. Delivered in collaboration with Google, HP Inc and UpSkill Universe, the programme is designed to equip