The Bank of Industry (BOI) has revealed plans to provide loans of up to N1 billion each to 140 manufacturing companies across Nigeria as part of the Federal Government’s N75 billion Manufacturing Sector Fund.
The Confidence Index of the Chief Executive Officer (CEO) of the Manufacturers Association of Nigeria (MAN) fell to 51.9% in the second quarter of this year.
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has stated that the committee has proposed an exemption of manufacturers and farmers from paying withholding tax as a way of reducing the tax burden on businesses.
The federal government announced the launch of a N200 billion Presidential Intervention Funds (PIF) for Micro, Small and Medium Enterprises (MSMEs) and manufacturers in the country.
The federal government has announced the launch of N150 billion Presidential Intervention Fund to Micro, Small and Medium Scale Enterprise (MSME) and Manufacturing Sector in Nigeria.
In the third quarter of 2023, the real contribution of the manufacturing sector to Nigeria’s GDP dropped to 8.42%.
The Director-General of the Nigerian German Chamber of Commerce (NGCC), Marilyn Rapu, has said that manufacturers in Nigeria will need to embrace the latest technology to address some of the challenges facing the sector in Nigeria.
The current multiplicity of foreign exchange window is already a big challenge to foreign exchange stability
The Centre for the Promotion of Private Enterprise (CPPE) has called for the halt of the planned imposition of excise duties on manufacturers.
Nigerian manufacturers have disclosed that over N5 billion had been lost in respect of imported materials waiting to enter the country.
Google Nigeria has announced the launch of its Google Digital skills for Africa programme which kickedoff in Aba and other neighboring communities in Abia state, where entrepreneurs are being trained, especially manufacturers.
A survey recently released by the Manufacturing Association of Nigeria (MAN) revealed that expenditure on self-generated energy in...
