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BAT Nigeria Recognised as Top Exporter, Generates $300m

BAT Nigeria Recognised as Top Exporter, Generates $300m   British American Tobacco (BAT) Nigeria has been lauded for its significant contribution to Nigeria’s manufacturing sector, having generated over $300m in export sales between 2022 and 2024, the company announced at the 53rd Annual General Meeting of...

Low Govt Patronage Leaves Manufacturers with N1.04trn Unsold Stock

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...

Industrial Disputes Drag Production Down by 0.3 Point in Q3 – MAN

The Manufacturers Association of Nigeria (MAN) says the current production condition declined marginally by 0.3 point in the third quarter.

Manufacturing Imports Deepens Nigeria’s Trade Deficit by N14trn

Manufacturing Imports Deepens Nigeria's Trade Deficit by N14trn   Nigeria’s manufacturing sector has sunk deeper into deficit, as imports of manufactured goods outpaced exports by more than N14tn in the first half of 2025. The latest data from the National Bureau of Statistics (NBS) highlight the...

Rebased GDP Figures Not Evidence of Economic Progress, MAN Tells FG

The Manufacturers Association of Nigeria (MAN) has called on the federal government not to see the nominal increase of 18.3 per cent year-on-year Gross Domestic Product (GDP) growth recorded.

Manufacturers Blame High Interest Rates for N746bn Export Slump

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...