Manufacturers Spend N676bn on Generators in Six Months   The Manufacturers Association of Nigeria (MAN) has warned that manufacturers spent N676.6bn on alternative energy in the first half of 2025 and still could not meet their power needs due to the country’s unreliable and unaffordable electricity...

Tax Incentives Fuel 3.1% Growth in Manufacturing Sector - MAN   The Manufacturers Association of Nigeria (MAN) has projected that the country’s manufacturing output will grow by 3.1 per cent in 2026, driven by new tax incentives, harmonisation of levies expected under the new tax regime...

Low Govt Patronage Leaves Manufacturers with N1.04trn Unsold Stock   The Manufacturers Association of Nigeria (MAN) has reported that the gross value of unsold inventory in the manufacturing sector rose to N1.04tn in the first half of 2025, representing a 16.05 per cent increase from N896.2bn...

Manufacturers Blame High Interest Rates for N746bn Export Slump   The Manufacturers Association of Nigeria (MAN)  has decried the high interest rates by banks as manufacturing exports crashed from the last peak of N1.04tn in the third quarter of 2024 to N294.43bn in Q1 2025, representing...

MAN Seeks CBN Intervention as Forex Dispute Worsens   The Manufacturers Association of Nigeria (MAN) has decried what it described as “unwholesome treatment” of its members by some commercial banks over unmet foreign exchange forward obligations, calling on the Central Bank of Nigeria to intervene as...

Forex Stability Boosts Manufacturers' Confidence - MAN   Manufacturers are optimistic about the stability of the sector following a challenging period of unsold inventory and economic uncertainty, according to the Chairman of the Manufacturers Association of Nigeria (MAN) Ogun State Chapter, George Onafowokan. It was reported in...