Tag: #Manufacturing
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LAFARGE AFRICA SMASHES N1TRN REVENUE MARK, PROFITS SOAR 173%
Strong sales, plant efficiency and cost discipline power a record-breaking 2025. Lafarge Africa Plc has crossed a major financial milestone, posting N1.07 trillion in net sales for 2025 — a 53% jump from N696.76 billion recorded in 2024. In its audited results filed with the Nigerian Exchange Limited, the cement giant reported explosive profit growth…
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WELDING POWERS NIGERIA’S INFRASTRUCTURE AND INDUSTRIAL GROWTH – NIW
From roads and refineries to telecom masts and farms, experts say welding is the backbone of development. The National Institute of Welding (NIW) has called on the Federal Government to step up investment in welding technology and skills, describing the profession as critical to Nigeria’s infrastructure and industrial expansion. Speaking in Lagos, NIW President Dr.…
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U.S. DELAYS TRUMP’S PHARMA TARIFFS, SHIFTS FOCUS TO PRESSURING COMPANIES
Pharma import tariffs postponed as U.S. aims to push manufacturers to build locally or cut prices. The Trump administration has postponed the planned 100% tariffs on branded pharmaceutical imports set for October 1. Instead, officials will prepare tariffs targeting companies that refuse to relocate production to the U.S. or lower drug prices. Originally, firms could…
