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
A handful of companies now control over 90% of Nigeria’s $114 billion stock market
This concentration shows a market where a relatively small number of companies shape overall performance, liquidity, and investor sentiment
BII invests £1.07b in Africa, commits over $1b to climate finance in 2025
British International Investment (BII), the UK’s development finance institution and impact investor, committed more than £1.07 billion to businesses across Africa in 2025, accounting for 59 per cent of its total investments during the year