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...
- Advertisement -spot_img

Latest News

FeaturesSegun Adeyemi, THEWILL -

Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
- Advertisement -spot_img