Manufacturers

How Logistics Costs are Squeezing Manufacturers

Nigeria’s manufacturers are facing a rising logistics cost burden, with H1 2026 financial statements showing selling, distribution, haulage and freight expenses growing sharply across major listed companies.

Manufacturers Grapple with N1.09tn FX Losses Amid 18,900 Job Losses

June 29 (THEWILL) — Three years after the naira was floated on June 14, 2023, the country's manufacturing sector remains one of the clearest gauges of the policy's far-reaching consequences. Introduced as part of broader economic reforms aimed at...

Manufacturers Embrace Local Sourcing to Boost Exports, Tackle FX Volatility

February 16, (THEWILL) — By early 2026, Nigeria’s manufacturing sector is undergoing a quiet but profound structural shift. After suffering unprecedented foreign exchange (FX)-induced losses in 2024, major manufacturers are re-engineering their operations around locally sourced raw materials in...
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‘Ramaphosa Had No Role’ – South Africa Accuses Fani-Kayode of Wrongly Linking President to Broadcast Blackout

South African Presidential Spokesperson, Vincent Magwenya, said Ramaphosa had no involvement in the broadcast disruption, insisting that the incident was an operational matter and not a deliberate attempt to silence Nigeria.
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