Nigerian Manufacturers Raise Alarm Over Sector’s N1.92tn Credit Decline – M
The Manufacturers Association of Nigeria (MAN) has raised concerns over a sharp decline in bank lending to the manufacturing sector, warning that soaring borrowing costs and limited access to credit are threatening industrial growth, investment and job creation
Nigeria’s manufacturers lead business rebound as election spending boosts demand despite rising costs
However, persistent structural challenges continue to weigh on investment and long-term business confidence