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Real Sector
BoI targets to fund 1220 small-scale manufacturers in 12…
Through the newly appointed Business Development Service Providers (BDSPs), the Bank of Industry (BoI) is targeting…
What plastic, metal makers spend on alternative energy
Latest data from the Manufacturers Association of Nigeria (MAN) have shown how much plastic makers and…
‘Electricity tariff, inflation skyrocketing…
The Manufacturers Association of Nigeria (MAN) has decried the recent hike and disparity in electricity tariffs…
Beer, flour drive N93bn investment in food, beverage…
Beer and flour segments have posted robust performances in the first half of 2014, having largely driven the N92.67…
How BoI’s support impacts Momas Meters, Wempco…
Oil price crash has made Nigeria’s economic diversification imperative. With oil price and naira volatility,…
Production cost, election uncertainty dampen…
Rising cost of production and the uncertainty surrounding the forthcoming elections have dampened the business…
Manufacturing hits new low as headwinds take toll on…
Nigeria’s manufacturing sector has hit a new low in recent times as economic headwinds have cramped growth,…
‘Only consistent incentives can push manufacturing…
EDE DAFINONE is an economist and accountant. He is also the CEO of Sapele Integrated Industries Limited, a crumb…
Boost for leather industry as footwear export hits $63m
The leather industry received a big boost in 2014 as the value of exports of footwear, gaiters and the like reached…
Electricity supply to industries reduces to 4 hours
Manufacturers had an average of four-hour electricity supply each day in 2014. Also, they had an average of six…
Manufacturers make N483bn new investment amid tough…
Manufacturers defied all odds in the Nigerian business environment to pump N483.05 billion into the real sector…
Lending rate to manufacturers rises to 22%
Banks and other financial institutions raised their average lending rate to local manufacturers to 22 percent in…