BrandsTrack

  Advocacy group, the Manufacturers’ Association of Nigeria (MAN) has said Nigeria’s high and rising cost environment has continued to shrink profitability and threaten the existence of  its over 2,500 industry-members.     The association’s President, Otunba Francis Meshioye, raised the alarm at the pre- 52ndAnnual General Meeting (AGM) media briefing of the association, held in Lagos, recently.    Read More

  As the Central Bank of Nigeria (CBN) continued to tighten its monetary policy noose, as evident by its recent increase of its Monetary Policy Rate (MPR) to 27.25%, the umbrella body of the nation’s  manufacturers, the Manufacturers Association of Nigeria (MAN), has said the policy has begun to take severe tolls on the manufacturing sector, with the value ofRead More

. The Manufacturers Association of Nigeria (MAN) has said the inability  of the Central Bank of Nigeria (CBN) to honour  the lingering $2.4billion worth of forward contracts remains a great threat to the nation’s manufacturing sector, since businesses in the sector now face the grim prospects of either shutting down or downsizing their operations, due to the financial disruptions theRead More

      The Manufacturers Association of Nigeria (MAN)  has hailed the federal government, on its decision to suspend the Expatriates Employment Levy (EEL), describing the move as a re-assurance of its commitment to creating a conducive  business environment for businesses.     The association, in a statement issued on Tuesday, and signed by its Director General, Segun Ajayi-Kadir, expressedRead More

    The Manufacturers Association of Nigeria (MAN) has warned that the planned implementation of the Expatriates Employment Levy (EEL), by the federal government, may for many businesses toe the path of the 767 companies that shut down in the country, in2023.     The association in a statement signed by its Director General, Segun Ajayi-Kadir,  stated that with capacityRead More