By GLEBM News Desk Nigerian manufacturers are confronting a difficult demand environment after industry data showed that finished goods worth approximately ₦2.12 trillion remained unsold in 2025, even as manufacturers committed a record nominal ₦4.54 trillion to investment during the year. The figures from the Manufacturers Association of Nigeria illustrate a growing disconnect between production…
By GLEBM News Desk Nigeria’s upstream petroleum industry is attracting fresh international attention as Indonesia’s state-owned oil company, Pertamina, considers participating in the country’s 2026 oil licensing round. The development follows discussions between the Nigerian Upstream Petroleum Regulatory Commission and Indonesian authorities on potential petroleum investment, with Pertamina expressing interest in opportunities within Nigeria’s upstream…
By GLEBM News Desk The Judiciary Staff Union of Nigeria (JUSUN), Nasarawa State branch, has declared an indefinite strike over concerns surrounding the implementation of financial autonomy for the state’s judiciary. The action adds to a wider national discussion about the practical implementation of financial autonomy for state judiciaries and the ability of judicial institutions…
By GLEBM News Desk Nigeria’s healthcare sector has taken a significant step into advanced surgical technology following the successful completion of a remote robotic-assisted operation in Abuja, demonstrating how high-speed connectivity and medical robotics could expand access to specialised treatment. The procedure connected a surgical team operating a robotic system from the Redeemer’s Health Village…
By GLEBM News Desk Nigeria’s agriculture sector contributes more than 22 per cent to the country’s Gross Domestic Product but accounts for only about 4.1 per cent of total export earnings, highlighting a major gap between the size of the domestic agricultural economy and its performance in international trade. The disparity has renewed attention on…
By GLEBM News Desk The Federal Government has begun moves to settle about ₦330 billion in verified outstanding claims under Nigeria’s Export Expansion Grant (EEG) as part of efforts to strengthen the country’s non-oil export sector and improve confidence among exporters. The development could provide relief to exporters who have been waiting for outstanding incentives…
By GLEBM News Desk The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government and the Nigerian National Petroleum Company Limited (NNPCL) to urgently restart Nigeria’s idle government-owned refineries as rising global crude oil prices continue to put pressure on domestic petroleum product prices. The call comes amid renewed…
By GLEBM News Desk The Nigerian Bottling Company Limited (NBC) has marked 75 years of operations in Nigeria, using the anniversary to reaffirm its commitment to local investment, manufacturing and long-term participation in the country’s consumer market. The anniversary comes as the company looks toward the next phase of its operations amid a rapidly changing…
By GLEBM News Desk Nigeria’s telecommunications industry is facing significant infrastructure losses as repeated fibre-optic cuts continue to disrupt network services and increase the cost of maintaining connectivity. Industry stakeholders estimate that between ₦27 billion and ₦35 billion is lost annually through fibre repairs and related revenue leakage. The problem is becoming increasingly important as…
By GLEBM News Desk Nigeria’s air cargo industry is facing regulatory and infrastructure challenges that could limit its ability to take advantage of growing demand for faster movement of agricultural products, pharmaceuticals and high-value goods. The challenges include multiple regulatory interfaces, delays in cargo clearance, inadequate infrastructure and high logistics costs. Air cargo is increasingly…
