Manufacturers Association of Nigeria (MAN)

Business

Manufacturers Seek Cheaper Credit After CBN’s 350bp Rate Cut

Ogochukwu Onwaeze, THEWILL -
The Manufacturers Association of Nigeria (MAN) welcomed the CBN Monetary Policy Committee’s decision to cut the Monetary Policy Rate (MPR) by 350 basis points to 23 percent from 26.5 percent, but said the key issue for businesses was the cost of actual bank loans.
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

SportsTaiwo Ibrahim, THEWILL -

Ronaldo Takes Early Lead in Special Ballon d’Or Award Fans Voting

Cristiano Ronaldo is leading an official fan vote for the Ballon d’Or of All Time (B.O.A.T.) special award for multiple-time Ballon d’Or winners, the organisers announced on Tuesday.
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