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Tariff: MAN Warns of Imminent Fall of N2trn Agric Export to North America 

Tariff: MAN Warns of Imminent Fall of N2trn Agric Export to North America  Manufacturers Association of Nigeria (MAN) says the 14 per cent tariff imposed on Nigerian exports to the United States of America (USA) by the President Donald Trump administration would result in a...

Manufacturers Push for DisCos Review Amidst Proposed Tariff Hike

Manufacturers Push for DisCos Review Amidst Proposed Tariff Hike   The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to review the performance of electricity distribution companies in light of their investment in distribution infrastructure, following reports of a planned increase in electricity...

Inflation: Unsold Goods Rise N1.4trn in 2024 – MAN

Inflation: Unsold Goods Rise N1.4trn in 2024 - MAN The Manufacturers Association of Nigeria says high inflation and reduced purchasing power of consumers led to more than N1.4 trillion unsold goods by manufacturers in 2024. MAN's President Francis Meshioye disclosed this yesterday, in Lagos, at the...

Naira Depreciation: 16 Major Firms Lost N792bn in One Year- MAN

Naira Depreciation: 16 Major Firms Lost N792bn in One Year- MAN The Manufacturers Association of Nigeria, MAN, yesterday said that 16 major manufacturing firms incurred cumulative losses amounting to N792 billion between 2023 and 2024. Also, Chairman, Ogun State Manufacturers Association of Nigeria, MAN, Mr. George...

Manufacturing Grows by 1.28% – NBS

Manufacturing Grows by 1.28% – NBS The manufacturing sector grew by 1.28 per cent year-on-year in the second quarter of the year, according to the Gross Domestic Product report of the National Bureau of Statistics (NBS) released on Monday. The sector grew at a slower pace...

MPR Hike: MAN Begs FG to Speed up N75bn, N1trn Loans Disbursement

MPR Hike: MAN Begs FG to Speed up N75bn, N1trn Loans Disbursement The Manufacturers Association of Nigeria (MAN) has called on the federal government to expedite actions on the disbursement of the N75 billion and the recently announced N1trillion intervention loans for the manufacturing sector...