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...
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...
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
The Manufacturers Association of Nigeria (MAN)Â 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...
The cost of imported raw materials surged by 118 per cent to N6.64 trillion in 2024 alone due to the depreciation of the exchange rate, Manufacturers Association of Nigeria (MAN) has disclosed.