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MAN
The Manufacturers Association of Nigeria (MAN) has asserted that Coca-Cola’s $1 billion investment announcement in Nigeria must have...
The Manufacturers Association of Nigeria (MAN) has reacted to the increase in petrol prices stating that Small and Medium Scale Enterprises would be particularly hard-hit projecting that SMEs across the country could scale down operations or completely shut down.
The Manufacturers Association of Nigeria (MAN) has asked the Central Bank of Nigeria (CBN) to wave many conditions of its forex policy for Manufacturers in the country.
The Manufacturers Association of Nigeria (MAN) has asked the Central Bank of Nigeria (CBN) to resolve the unsettled $2.4 billion forex forward claims by manufacturers in the country.
The Manufacturers Association of Nigeria (MAN) has reacted to the recent decision by the Central Bank’s Monetary Policy Committee (MPC) to increase the interest rate by 50 basis points stating that the continuous hike in MPR since May 2022 leads to an increase in production costs and finally prices of goods.
The Manufacturers Association of Nigeria (MAN) has called on federal government regulatory agencies especially those in the oil and gas sector to desist from making statements capable of demarketing local investments in the country.
The Manufacturers Association of Nigeria (MAN) has asked the federal government to address the concerns raised by the organised private sector during the new minimum wage negotiation to enable them to implement the new minimum wage agreement.
The exchange rate for customs duties collection has dropped from N1516/$ to N1512/$ between the 5th of July and 7th of July 2024. This represents a decline of N4 when compared to the previous rate.
The President of the Dangote Group Industries Ltd, Alhaji Aliko Dangote has stated that no economic growth will happen unless the bank interest rate at 30% declines
Power distribution companies (DisCos) in Nigeria face billions in collection losses asmanufacturers in the country decide to pay the old tariff rates instead of the new rates approved by industry regulator.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that the government of President Tinubu was not responsible for the economic conditions that led to the shutdown of about 800 companies in 2023 in Nigeria.
The Director-General of the Manufacturers Association of Nigeria (MAN), Mr. Segun Ajayi Kadir, has stated that the recent 150 basis points increase in monetary policy rate (MPR) by the Central Bank of Nigeria (CBN) will further compound the already high cost of doing business in the country.