In the first quarter of 2026, Nigeria's manufacturing sector contributed significantly to government revenue, generating a total of N404.07 billion from Value Added Tax (VAT) and Company Income Tax (CIT). This included N329.59 billion from VAT and N74.48 billion from CIT, according to data from the National Bureau of Statistics (NBS).

Nigeria's manufacturing sector reported a record remittance of N329.59 billion in Value Added Tax (VAT) for the first quarter of 2026, marking the highest quarterly contribution in four years, according to Punch.

The Federal Government of Nigeria has emphasized the need for enhanced development finance and increased private capital mobilization to achieve its goal of a $1 trillion economy. Officials stated that relying solely on public funds is insufficient for the country's developmental plans. This announcement was made during the Bank of Industry's Development Partners’ Roundtable and the presentation of the 2025 Annual Development Impact Report in Abuja.

At the Nigeria Ceramic Investment Summit and Product Exhibition 2026, stakeholders in Nigeria's ceramic industry emphasized the need for increased domestic investment, innovation, and stronger policy support to reduce the $2.1 billion spent on ceramic imports. They advocated for deeper collaboration to enhance the sector's role in industrialization, job creation, and economic diversification, according to Vanguard.

In 2025, Nigeria experienced a 21% increase in intra-African trade, reaching a total of $9.02 billion. This growth is attributed to the ongoing implementation of the African Continental Free Trade Area (AfCFTA), which has facilitated new export opportunities and enhanced regional commercial integration by allowing businesses to benefit from preferential market access and reduced trade barriers, according to the latest African Trade Report.

Fidson Healthcare Plc has praised the Bank of Industry (BoI) for its provision of concessionary financing that has aided the growth of pharmaceutical manufacturing in Nigeria. This recognition came after a visit by delegations from the European Investment Bank (EIB) and BoI to Fidson's manufacturing facility in Sango-Ota, Ogun State.