FG Urges Manufacturers To Invest In Beekeeping   The Raw Materials Research and Development Council (RMRDC) sensitized manufacturers under the auspices of the Manufacturers Association of Nigeria (MAN) on the economic potential of beekeeping investments in Nigeria. The Council’s Director-General, Professor Ibrahim Hussaini Doko says it was...

N10/litre Excise Duty’ll Hurt Output, Revenues - MAN     The introduction of excise duty of N10/liter on non-alcoholic, carbonated and sweetened beverages by the Federal Government will likely cause a 0.43 per cent contraction in output and about 40 per cent drop in total industry revenues...

Manufacturers Owe Banks N3.71trn, Borrow N520bn In Eight Months   Operators in the nation’s manufacturing sector saw their combined debt to Nigerian banks rise to N3.71tn as they borrowed N520bn from January to August. Banks’ credit to the sector by 16.3 per cent in the eight-month period...