The Manufacturers Association of Nigeria warns that the recent petrol price hike from ₦568 to ₦855 per litre may lead to rising inflation, increasing costs for transportation and goods. This could particularly impact small and medium-sized enterprises, reducing consumer demand and threatening...
Manufacturers in Nigeria are bracing for a potential surge in commodity prices as the nation's currency, the naira, continues its downward spiral against the United States dollar. Since the removal of the rate cap by the Central Bank of Nigeria in June 2023, the naira has witnessed a significant...
The Federal Government has been urged to halt the dumping of used cars from China to save the local auto industry.
The Chairman, Motor Vehicles & Miscellaneous Assembly Sectoral Group of the Manufacturers Association of Nigeria (MAN), Dr. David …
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Manufacturers Association of Nigeria, MAN, Lagos Chamber of Commerce & Industry, LCCI, and other stakeholders in the private sector have called on the Federal Government to expand tax net and jettison any advice to increase Value Added Tax, …
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Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Manufacturers Association of Nigeria (MAN) are asking the government to cut interest rate in a way that small businesses can access funding.
They say micro, small and medium enterprises (MSMEs)...
Notwithstanding the growth of the manufacturing sector in 2017, the President, Manufacturers Association of Nigeria, Dr Frank Jacobs, has stated that the economic challenges facing the country are not yet over, as the manufacturing sector is still on the brink of recession.
Jacobs said the …...
The Central Bank of Nigeria (CBN) has expunged 36 sub-items from the broad list of items that were banned from accessing forex from the apex bank’s official window since 2015.
The president of the Manufacturers Association of Nigeria (MAN), Frank Udemba-Jacobs, disclosed this at the annual...
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The current economic hardship has led to the closure or total collapse of 272 factories across the country, the association of manufacturers said yesterday.
The Executive Secretary of the Nigerian Association of Small & Medium Enterprises (NASME), Eke Ubiji, explained how in 11 States 272...
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