Peionews

Manufacturing sector

Nigeria’s Food and Beverage Industry Faces Fresh Job Cuts as Rising Costs Squeeze Manufacturers

By Elizabeth Ugbo Nigeria’s food and beverage industry is witnessing rising job losses as manufacturers battle soaring production costs, foreign…

CBN Lending Rates Hit 60% as Banks Tighten Credit to Key Sectors

By Elizabeth Ugbo Manufacturers and agricultural operators in Nigeria are now paying lending rates of up to 60 per cent,…

No Power, No Growth: Dangote Urges Urgent Action on Nigeria’s Electricity Crisis

By Elizabeth Ugbo The President of Dangote Industries Limited, Aliko Dangote, on Tuesday called on the Federal Government of Nigeria…