Manufacturers

Business

How Logistics Costs are Squeezing Manufacturers

Ogochukwu Onwaeze, THEWILL -
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.
Business

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

Ogochukwu Onwaeze, THEWILL -
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...
Business

Manufacturers Embrace Local Sourcing to Boost Exports, Tackle FX Volatility

Ogochukwu Onwaeze, THEWILL -
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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Latest News

SportsOlumide Atiba, THEWILL -

Cristiano Ronaldo’s Portugal Return Gets Major Boost As Jorge Jesus Breaks Silence

Jesus, speaking about the situation, made it clear that he is willing to put the disagreement behind them and allow Ronaldo to return.
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