Tag: Nigerian manufacturing sector

Nigeria’s manufacturing trade deficit hits N14tn in H1 2025

Business Damilola Bayonle -
Nigeria’s manufacturing sector is grappling with one of its worst trade imbalances in recent years, as fresh data from...

Royal Castle Deploys 14MW Gas Plant to Tackle Blackouts

Business Damilola Bayonle -
Royal Castle Ceramic Company Limited has successfully commissioned a 14.8-megawatt gas-fired power plant to power its operations, reducing its...

Seven Manufacturers Lose N1.9bn Due to FX Volatility

Business Damilola Bayonle -
Several leading manufacturers in Nigeria have reported a cumulative loss of N1.91 billion in foreign exchange (FX) volatility in...