Manufacturers’ unsold goods inventory hits N1.24Trillion, as CBN increases MPR
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
Comments