767 Manufacturing Companies Shut Down in Nigeria, N350bn Goods Unsold in 2023
The Manufacturing Association of Nigeria (MAN) has reported a concerning trend within the industry, revealing that about 767 manufacturing companies shut down operations while 335 experienced distress in 2023.
This development is attributed to...
FG Imposes Levy on Expatriate Workers
President Bola Tinubu on Tuesday launched the Expatriate Employment Levy (EEL), a government-mandated contribution imposed on employers who employ expatriate workers in Nigeria.
According to the launched EEL handbook, the levy seeks to balance the benefits of expatriate employment with...
