NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Lead Investigation

Exit and return: Two former Nigerian tyre manufacturers Dunlop and Michelin now operate as importers

The story of Nigeria’s manufacturing sector cannot be complete without references to shutdowns and exits. Dunlop Nigeria Plc and Michelin Nigeria Limited were among the first tyre manufacturers in Nigeria, starting operations shortly after independence in the early 1960s. They established local tyre manufacturing outfits in Lagos (Dunlop) and Port Harcourt (Michelin). At their peak, […]

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