Nigeria’s High Production Costs Threaten Manufacturing Competitiveness, NSDC Warns

Nigeria’s High Production Costs Threaten Manufacturing Competitiveness, NSDC Warns

Nigeria’s manufacturers face rising electricity, financing and logistics costs that are weakening industrial competitiveness, the National Sugar Development Council has warned. By GLEBM News Desk Nigeria’s manufacturing sector is facing mounting pressure from soaring production costs that leave local factories struggling to compete with rivals across Asia, according to the National Sugar Development Council (NSDC)….

Read More
FG Rules Out Ban on Raw Cocoa Exports, Prioritises Local Processing

FG Rules Out Ban on Raw Cocoa Exports, Prioritises Local Processing

Agriculture Minister says government’s focus is boosting value addition, creating jobs and increasing export earnings By GLEBM NEWS The Federal Government has dismissed reports suggesting it plans to ban the export of raw cocoa beans, clarifying that its strategy is to expand local cocoa processing while maintaining Nigeria’s role in the international cocoa market. The…

Read More
NYSC Strengthens SAED Programme to Boost Youth Entrepreneurship, Digital Skills and Job Creation

NYSC Strengthens SAED Programme to Boost Youth Entrepreneurship, Digital Skills and Job Creation

By GLEBM NEWS NYSC says it will strengthen its SAED programme with digital skills, entrepreneurship and innovation to equip Nigerian youths for self-reliance and economic growth. The National Youth Service Corps (NYSC) has reaffirmed its commitment to empowering young Nigerians through entrepreneurship, digital innovation and skills development, announcing plans to strengthen its Skill Acquisition and…

Read More
Nigeria Continues Economic Consolidation as Finance Minister Projects 4.7% Growth in 2026

Nigeria Continues Economic Consolidation as Finance Minister Projects 4.7% Growth in 2026

By GLEBM News Desk Nigeria’s Finance Minister says the economy will grow by 4.7% in 2026 as government focuses on consolidating reforms and delivering wider benefits to citizens. Nigeria’s economy is projected to expand by 4.7 per cent in 2026, the Wale Edun has said, as the government continues efforts to consolidate gains from structural…

Read More
Federal Government Restates Commitment to Improving Business Environment Through Policy Reforms

Federal Government Restates Commitment to Improving Business Environment Through Policy Reforms

By GLEBM News Desk The Federal Government has reaffirmed its commitment to policy reforms aimed at improving Nigeria’s business environment and strengthening private sector confidence. The Federal Government has reiterated its commitment to strengthening Nigeria’s business environment through sustained policy reforms targeted at improving corporate confidence, regulatory efficiency, and private sector participation. Officials of the…

Read More