China’s Rise to Manufacturing Dominance Over 30 Years

(Visual Capitalist) China and manufacturing dominance together are words easily believed, but this wasn’t always the case. The world’s manufacturer didn’t always make—quite literally—everything. This visualization projects the change in manufacturing value added (MVA) by country from 2000 to 2030. Data is sourced from the UN Industrial Development Organization, as of November 2024. Economic Reforms and…

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NADDC Eagerly waiting for BPP to Implement Nigeria First Policy in automotive industry

•Oluwemimo Joseph Osanipin, the Director – General of NADDC. ‘Nigeria First’ policy empowers the BPP to ensure that all (100 per cent) government procurements are made in Nigeria. However, it could approve patronage of imported products where there are no local alternatives. The National Automotive Design and Development Council (NADDC) is eagerly looking forward to…

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NESG-Stanbic IBTC June PMI Shows Manufacturing Expansion

Nigeria’s Business Performance Index maintained positive momentum for the sixth consecutive month in 2025, reflecting sustained economic resilience and cautious optimism among businesses. Nairametrics reported that in the June 2025 edition of the NESG-Stanbic IBTC Business Performance Index for June which was released in July, the manufacturing sector rose to 113.6 points, an improvement from…

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