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Challenges of Manufacturers in an Economic Recession

“Expectation of an early reprieve for Nigeria’s embattled economy was laid to rest as the Manufacturer Association of Nigeria (MAN) said the country’s chances of coming out of the current recession before the end of the first quarter of 2017 was slim”. The above statement...

Economic Recession: MAN, LCCI, Rewane, Others Ask CBN to Cut Interest Rate

The Manufacturers Association of Nigeria, the Lagos Chamber of Commerce and Industry, the Abuja Chamber of Commerce and Industry and other organised private sectors on Thursday called on the Federal Government to drastically slash interest rate in order to stimulate economic recovery. Professional bodies such...

MAN Seeks Subsidised Interest Rate for Real Sector

The Manufacturers’ Association of Nigeria has urged the Federal Government to subsidise interest rate for the real sector. The President, MAN, Dr. Frank Jacobs, made this appeal at a recent media briefing held at the MAN headquarters in Lagos. Jacobs, who expressed appreciation to the government...

272 Firms Shut Down in one Year – MAN

Manufacturers and other private sector operators has painted a gloomy picture of how the foreign exchange restriction placed on 41 items by the Central Bank of Nigeria had affected operations in the business sector. They said that since the restriction order was placed last year, about...