The Federal Government signed an agreement with South Korea’s Asia Economic Development Committee (AEDC) to establish Africa’s first electric vehicle manufacturing plant. The project begins with …
Tag:
Manufacturing
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Economy
CPPE Challenges Import Substitution As Nigeria Reconsiders Trade Controls
by StakeBridgeby StakeBridge 2 minutes readThe Centre for the Promotion of Private Enterprise cautioned against legislating trade restrictions to force domestic value addition, arguing that such measures risk distorting markets without …
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BusinessEconomyMarket
BUA Foods 2025 Results Push Profit to N535bn
by StakeBridgeby StakeBridge 4 minutes readBUA Foods Plc posted a pre-tax profit of N534.8 billion for the 2025 financial year, nearly double the N284.3 billion recorded in 2024, according to filings …
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InfrastructureMSMEs
Nigeria’s Power Grid Is Becoming An Anti-Growth Constraint
by StakeBridgeby StakeBridge 4 minutes readFrequent grid collapses are shifting from technical failures to a binding constraint on Nigeria’s manufacturing, MSMEs, and investor confidence The Lagos Chamber of Commerce and Industry …
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