Manufacturers Association of Nigeria (MAN)

Business

Manufacturers Still Pay 32 Percent Interest as High Credit Costs Squeeze Industry

Ogochukwu Onwaeze, THEWILL -
According to data from the Manufacturers Association of Nigeria (MAN), the average interest rate administered to manufacturers fell to 32.1 percent in 2025, compared with 35.6 percent recorded in 2024.
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Latest News

HeadlineSegun Adeyemi, THEWILL -

CBN Puts Excess Cash, FX Demand Under Watch Ahead of Nigeria’s 2027 Polls

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso said the bank had developed different scenarios for managing the expected increase in money circulation during the election period and would base its response on economic data rather than assumptions.
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