Manufacturers

The Central Bank of Nigeria says the debt owed to banks by manufacturers in the country, has risen from N5.56tn in January 2023 to N6.98tn in June 2023. The CBN's Sectoral Analysis of Deposit Money Banks’ Credit report showed that …

Stakeholders in the manufacturing and Imports sector from the southeast region of Nigeria, have endorsed the Standards Organisation of Nigeria's "Electronic Demand Note and Receipt Payment for Ease of Doing Business" scheme, saying it would…

The Manufacturers Association of Nigeria has commended the new electricity act signed into law by President Bola Ahmed Tinubu, noting that, if well implemented, it promises to be a major game changer for the manufacturing sector. In a…

The Standards Organisation of Nigeria, SON, Anambra state branch, south eastern Nigeria, has reiterated its readiness to withdraw the Mandatory Conformity Assessment Programme, (MANCAP) certificate of any manufacturer who produces…

The Manufacturers Association of Nigeria has warned that the recent increase in base lending rate by the Monetary Policy Committee of the Central Bank of Nigeria will trigger higher prices of products. In a statement titled, “The…