Nigeria has spent about N804.10 billion on arms and ammunition imports between 2020 and the second quarter of 2025, according to new data released by the National Bureau of Statistics …
Nigeria’s manufacturing sector has continued to experience slow growth, with fresh figures from the National Bureau of Statistics (NBS) showing that the sector declined further in the second quarter of …
The Central Bank of Nigeria has reduced the country’s benchmark interest rate to 27 per cent, marking the first cut in 2025 after three consecutive pauses. The move signals a …
The Manufacturers Association of Nigeria (MAN) has cautioned the Federal Government against the planned introduction of a Tax Stamp System on excisable products, warning that the policy would worsen inflation, …
The Manufacturers Association of Nigeria (MAN) has endorsed the Ogun State Government’s approach to plastic waste management, describing its ‘Blue Box’ and ‘Plastics for Cash’ initiatives as forward-thinking and economically …
Key players in Nigeria’s manufacturing industry have renewed calls for decisive government action to unlock the country’s production potential, stressing that economic revival is impossible without strong policy frameworks, legal …
The Manufacturers Association of Nigeria (MAN) has raised the alarm over a proposed reintroduction of the suspended 4% Free-on-Board (FOB) levy by the Nigeria Customs Service (NCS), warning that the …
Concerns have continued to mount over the negative impact of operations in Nigeria’s Free Trade Zones (FTZs) on local businesses and manufacturers, as industry stakeholders decry what they describe as …