BUSINESS● LOW1h ago · Oct 5, 2026, 5:03 AM
Manufacturers deepen local raw materials sourcing, up 11% in 3yrs
Vanguard Nigeria · sub saharan africa
By Yinka Kolawole Nigeria’s manufacturing sector recorded a steady increase in the use of locally sourced raw materials between 2021 and 2024, with the share rising from 51.5 per cent in 2021 to 57.1 per cent in 2024, as foreign exchange pressures, naira depreciation and rising import costs pushed manufacturers towards domestic alternatives. Data from […] The post Manufacturers deepen local raw materials sourcing, up 11% in 3yrs appeared first on Vanguard News.
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS34m agoAsian equities mixed as Wall Street rally offsets regional economic coolingSeeking Alpha TechBUSINESS35m agoElectricity companies silently assume Abelardo's energy subsidy cutLa Silla Vacía