Amid the soaring price of diesel, manufacturers and experts have lamented the financial hardships caused by the increase, while also calling for a suspension of tax...
The Manufacturers Association of Nigeria (MAN) has said that Nigeria’s macroeconomy and manufacturing operating environment were buttressed by the marginal recovery of some key manufacturing indicators...
The final month of 2021 revealed a robust expansion in Nigeria’s private sector with the PMI® improving to a 24-month high. Quicker uplifts in output and...
In spite of a series of bottlenecks, the Nigerian manufacturing sector grew by 4.29 percent year-on-year in real terms in the third quarter (Q3) of 2021,...
Manufacturing activities in Africa’s largest economy Nigeria grew by 3.40 percent year-on-year in the first quarter (Q1) 2021, stated the National Bureau of Statistics (NBS). The...
The Central Bank of Nigeria on Wednesday disclosed that the Manufacturing Purchasing Managers’ Index in the month of January stood at 57.3 index points indicating expansion...
The Manufacturers Association of Nigeria has lamented the difficulty in accessing the Central Bank’s N1tn COVID-19 Stimulus for Manufacturing and Import Substitution, 2020. Its Director-General, Segun...
Manufacturing firms borrowed a total of N570bn from Nigerian banks last year amid the economic fallout of the COVID-19 pandemic. Banks’ credit to the manufacturing sector...
Manufacturers Are Saying High Lending Rates Hurting Productivity Nigeria’s manufacturers are blaming the nation’s high-interest rates for the low productivity of the sector. According to the...
Nigeria’s Manufacturing Sector Contracts in December -CBN Manufacturing activities in Africa’s largest economy, Nigeria, contracted in the month of December, according to the latest report from...