Business
Naira closes week stronger at N1,534.72/$ 

CBN’s new diaspora remittance rules to open market

  • 27th March 2026

Middle East conflict threatens Nigeria’s economy – Cardoso

  • 27th March 2026

FG launches major reform to revamp Nigeria’s cooperative

  • 27th March 2026

Tinubu expands CNG initiative to include electric vehicles

  • 27th March 2026

Contact Info

Some Populer Post

Naira closes week stronger at N1,534.72/$ 

CBN’s new diaspora remittance rules to open market

Business

Middle East conflict threatens Nigeria’s economy – Cardoso

Business

NNPCL targets 600tn cubic feet gas reserves expansion

Oil and Gas
Elon Musk’s xAI secures $10bn in funding to expand AI

Dutch court orders Musk’s xAI to halt sexualised image

Tech

Tag: MAN

How manufactured goods imports gulp $6.7bn in six months – Report
Business

Why manufacturers should embrace data-driven pricing – Stakeholders

Manufacturers and service providers have been urged to adopt a data-driven pricing model in order to maintain their competitive edge and navigate the shifts in the new unpredictable world. The Punch reported that stakeholders said this at the NielsenIQ Breakfast Conference with the theme “Navigating the New World of Uncertainty” held recently in Lagos. The stakeholders believe […]

Manufacturers warn price hikes to persist without solutions
Business

Manufacturers spent N119bn on electricity in nine years – MAN

Manufacturers’ Association of Nigeria has reported that manufacturers spending on alternative energy sources increased by 82% between 2014 and 2022,  from N25 billion to N144 billion excluding power from distribution companies. According to The Punch, this is based on information compiled from the Manufacturers Association of Nigeria’s annual and biannual reports. The documents state that manufacturers spent […]

AfCFTA: Intra-Africa exports to surpass $1trn by 2035 - Standard Chartered
Business

AfCFTA implementation begins as MAN trains exporters

The Manufacturers Association of Nigeria’s Export Group has trained local exporters as eight African countries begin exporting under the African Continental Free Trade Agreement’s Guided Trade Initiative. The Punch reported that this information was presented by the MANEG Chairman, Mrs. Odiri Erewa-Meggison, at a two-day training session for exporters on Tuesday in Lagos. The training […]

Manufacturers warn price hikes to persist without solutions
News

Why manufacturers invested N144bn in alternative energy sources – MAN

The Manufacturers Association of Nigeria has stated that the cost of accessing alternative energy sources increased by 87% between 2021 and 2022, from N77.22 billion to N144.5 billion spent by its members. The News Agency of Nigeria reported that this is because the association has protested against the anticipated hike in electricity rates that will take […]

Manufacturers warn price hikes to persist without solutions
Energy

How self-generated power costs manufacturers N144.5bn in one year

With the cost of self-generated power in the industry skyrocketing to N144.5 billion in 2022, up 87.13 percent from N77.22 billion in 2021, the near collapse of the public energy supply system has made doing business in Nigeria’s manufacturing sector more difficult. According to Vanguard, findings suggest that the problem might have gotten worse this […]

Manufacturers warn price hikes to persist without solutions
featured

How 2023 Electricity Act will boost manufacturing sector – MAN

The newly passed 2023 Electricity Act is expected to benefit the country’s manufacturing industry, according to the Manufacturers Association of Nigeria. Nairametrics reported that the lack of proper access to electricity has long been a problem for Nigerian manufacturers, according to a statement from MAN. However, thanks to the Act, manufacturers will have easier access […]

Manufacturing Association of Nigeria
Business

FG’s excise duty hike will cause job losses – MAN

The Manufacturers Association of Nigeria has expressed concern that the recent increase in excise duty for beverage and tobacco products will force businesses to reduce their operations, which may lead to the closure of factories, job losses, and a decrease in exports, among other negative consequences. According to The Punch, the President of MAN, Francis […]

Manufacturing Association of Nigeria
Business

Nigeria’s industrial employment dropped 21% in 2022 – MAN

The manufacturing industry in Nigeria, Manufacturers Association of Nigeria, experienced a fall in direct employment creation of 20.8 per cent in the second half of 2022. According to MAN’s most recent half-yearly evaluation of the economy, accessed by Business Day, manufacturing employment decreased to 6,741 down in the second half of 2022 from 8,508 and […]

President of the MAN, Francise Meshioye
Business featured

Naira scarcity disrupting businesses, manufacturers lament  

The Manufacturers Association of Nigeria has said the scarcity of naira has disrupted the proper movement of goods which is adversely affecting businesses. The Association’s president, Otunba Francis Meshioye, made this statement on Tuesday while he interacted with journalists in Lagos. According to The Punch, Meshioye said the scarcity of naira and resultant traffic on […]

President of the MAN, Francise Meshioye
Business

MAN tasks CBN on effective monetary system

The Manufacturers Association of Nigeria has urged the Central Bank of Nigeria to take on an effective monetary system to stop the hardship that is caused by the new naira design. This was stated on Tuesday by the President of the association, Francise Meshioye, at the Annual MAN reporter of the year award. According to […]

Kogi sues Dangote over Obajana ownership
Business News

Dangote, MAN kick as Kogi claims Obajana plant

  The Kogi State Government has stated that it will be willing to negotiate once Dangote Group admits that it doesn’t own the Obajana cement facility. According to The PUNCH, Governor Yahaya Bello said this on Thursday while presenting paperwork to support the state’s ownership claim to the plant. These papers are from the report […]

Energy

After spending over $8bn on Ajaokuta, Nigeria imports N837bn steel

Steelmakers are sceptical about the planned concession of Ajaokuta Steel Company Limited after Nigeria imported iron, steel, and metals valued at N837.761bn in the third and the fourth quarters of 2021. According to the National Bureau of Statistics, Africa’s most populous nation brought in basic metals, iron, and steel products with 6000mm in width, rolled, […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in