Credit to Nigerian Manufacturers Falls 20% in 2025 Despite CBN Interest Rate Easing
Nigerian deposit money banks disbursed a total of N60.35 trillion in credit to the manufacturing sector during the first nine ...
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Tag: #IndustrialGrowth
Nigeria Seeks $5.7 Billion Chinese Investment to Boost Power, Mining, and Manufacturing
The Federal Government of Nigeria is moving to secure up to $5.7 billion in prospective investments from China to strengthen ...
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Dangote Signs $400m Equipment Deal with XCMG to Boost Refinery Capacity to 1.4m bpd
The Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd. as part of ...
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Nigeria to Deepen Trade Facilitation and Policy Execution in 2026
The Federal Ministry of Industry, Trade, and Investment (FMITI) has outlined plans to deepen trade facilitation, mobilize investment, and tighten ...
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BoI Disburses Record N636bn to Over 7,000 Businesses in 2025
The Bank of Industry (BoI) has disclosed that it disbursed a total of N636 billion to more than 7,000 businesses ...
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FG Boosts Local Content in Renewable Energy to Reduce Imports and Create Jobs
The Federal Government has launched initiatives to strengthen local content in Nigeria’s renewable energy sector, aiming to reduce dependence on ...
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Dangote Group Unveils Major Technical Partnerships to Triple Nigeria’s Urea Production and Build $2.5bn Ethiopia Plant
Dangote Group has announced a series of strategic technical partnerships to support the next phase of expansion of its fertiliser ...
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Manufacturers Lament Rising Energy Costs, Infrastructure Gaps Despite Economic Reforms
Manufacturers across Nigeria have voiced deep concern over the worsening business environment, saying that despite ongoing economic reforms, the industrial ...
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Nigeria Could Earn N3trn from Campaign on Local Goods — Minister
Nigeria could earn an estimated N3 trillion in the short term through a nationwide campaign promoting the patronage of locally ...
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FG Reaffirms Commitment to Revive Ajaokuta Steel Through China Partnership
The Minister of Steel Development, Mr. Shuaibu Abubakar Audu, has reiterated the federal government’s commitment to delivering a robust steel ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.