Nigeria’s manufacturing sector expanded by 1.60% year-on-year in real terms during the second quarter (Q2) of 2025, according to the National Bureau of Statistics (NBS). This...
The Manufacturers Association of Nigeria (MAN) has rejected the Nigeria Customs Service’s introduction of a 4 percent Free-on-Board (FOB) levy on imports and warned that the...
Nigeria’s manufacturing sector paid more VAT in 2024 even as output fell under inflation and FX pressure. Figures from the National Bureau of Statistics (NBS) show...
Nigeria’s manufacturing sector is increasingly turning to locally sourced raw materials as the impact of the naira devaluation and persistent foreign exchange scarcity reshapes supply chains...
The Manufacturers Association of Nigeria (MAN) has issued a strong warning against the planned ban on single-use plastics (SUPs) in Lagos State, stating that the policy...
The Manufacturers Association of Nigeria (MAN) has raised concerns over the Central Bank of Nigeria’s decision to retain the Monetary Policy Rate (MPR) at 27.5%, warning...
The inventory of unsold finished goods in Nigeria’s manufacturing sector rose to N2.14 trillion in 2024 as subdued consumer demand and persistent foreign exchange pressure continue...
Nigerian manufacturers are grappling with a historic surge in operational costs due to soaring inflation, currency depreciation and escalating energy prices that is squeezing their profit...
The Manufacturers Association of Nigeria (MAN) and the Trade Union Congress (TUC) have strongly opposed the Federal Government’s proposed 65% increase in electricity tariffs and warned...
Economic uncertainties ahead of Donald Trump’s presidency have slowed down Chinese manufacturing activity in December, according to the latest report from the Caixin Insight Group. Donald...