Nigerian manufacturers are groaning under the weight of heavy cost of production as foreign exchange challenges and epileptic power supply continued to undermine their activities. The...
The Manufacturers Association of Nigeria (MAN) has requested the government to review its diesel importation channel, to prevent industries from shutting down due to the soaring...
The Manufacturing Association of Nigeria (MAN) has revealed that its members in the country spent a total of N71.22 billion on buying diesel for alternative power...
The Central Bank of Nigeria (CBN) has launched a strategy to revive the country’s struggling industrial sector by providing “single-digit loan facilities.” It also said with...
In the last year, at least over 400 manufacturing firms were forced to close production, according to the Manufacturers Association of Nigeria (MAN). The Director-General, MAN,...
The governors of the 36 states in Nigeria, under the umbrella of the Nigeria Governors’ Forum (NGF), will on Thursday, March 4, meet over the COVID-19...
The Standards Organisation of Nigeria (SON) has announced that about fifteen cases of defaulting importers and manufacturers of substandard products awaits prosecution in the court. A...
The Manufacturers Association of Nigeria (MAN) has begun to count their losses, on a daily basis, over the indefinite closure of borders by the Federal Government....
The manufacturing sector may begin to enjoy lower prices for gas as the Federal Government is set to release a new gas pricing template before May...
THE Manufacturers Association of Nigeria (MAN) has said that the inventory of unsold manufactured goods stood at N149.23 billion at the end of 2018. According to...
Major manufacturing companies are now witnessing a decline in their financing cost following stable exchange rate, their resort to cheaper sources of borrowing as well as...
The Central Bank of Nigeria (CBN) says it will offer dollar equivalent to address the backlog of matured foreign exchange obligations to critical sectors, mainly manufacturers,...
Nigerian manufacturers have moved to overcome the setback caused by epileptic public power supply in the country by generating their own power. To this end, they...
The Federal Government’s hope of getting the country out of recession in 2017 may hit a brick wall if operators in the real sector carry out...
With the reality on ground, there is hardly any hope of Nigeria’s current economic recession recovering earlier than 2018; this is according to a finding by...
Two conditions that can save Nigeria from experiencing collapse of factories and having dried goods on the shelves are for the Federal Government to reduce interest...
Players in the Nigerian economy have continued to count their losses occasioned by the recent introduction of a the new foreign exchange policy by the Central...
The shortage of electricity has not improved for members of the Manufacturers Association of Nigeria (MAN) since last year as they spend over N9 billion daily...
