manufacturers – InfoStride News

Manufacturers Record Weak Growth as Sector Credit Falls by N7.72tn Amid Economic Headwinds

Temitope Nlewemchi — Tue, 26 May 2026 10:45:42 +0000

Nigeria’s manufacturing sector has continued to face mounting challenges as credit to manufacturers dropped sharply by N7.72 trillion between January and September 2025, resulting in fragile growth across key industrial segments. Despite government efforts to stimulate local production and ease credit conditions, rising interest rates, exchange rate volatility, and persistent inflation have combined to strain [...]

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Manufacturers Lose Legal Battle Over Power Tariff Increase

Temitope Nlewemchi — Tue, 15 Oct 2024 17:23:22 +0000

In a significant development for Nigeria’s manufacturing sector, a court has ruled against manufacturers who challenged the recent hike in power tariffs implemented by the Nigerian Electricity Regulatory Commission (NERC). The decision, announced on [insert date], has raised concerns among industry stakeholders about the potential implications for production costs and overall economic competitiveness. The case [...]

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Manufacturers list conditions for implementation of N70k minimum wage

Temitope Nlewemchi — Sat, 20 Jul 2024 03:30:51 +0000

The Manufacturers Association of Nigeria (MAN) has asked the federal government to address the concerns raised by the organised private sector during the new minimum wage negotiation to enable them to implement the new minimum wage agreement. The Director-General of the Manufacturers Association of Nigeria (MAN), Mr. Segun Ajayi Kadir stated this in his reaction [...]

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Manufacturers urge government to tackle production constraints

Temitope Nlewemchi — Wed, 11 Oct 2023 22:14:00 +0000

The Manufacturers Association of Nigeria (MAN) has issued a compelling call to the government, urging the swift development of comprehensive policies to rectify persistent hindrances that are hampering local production in the country. This appeal was made by Otunba Francis Meshioye, the President of MAN, during the association’s 51st Annual General Meeting (AGM) news conference [...]

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Recession fears ease as Nigeria’s purchasing managers’ index rises to 51.1 points in June 2022

Temitope Nlewemchi — Thu, 21 Jul 2022 01:23:08 +0000

Nigeria’s manufacturing Purchasing Managers’ Index (PMI) rose to 51.1 in June, surpassing the 50-index point benchmark. This represents a 2.2-point increase compared to the 48.9 points recorded in the previous month. This is contained in the Central Bank of Nigeria communique of the Monetary Policy Committee meeting held on Tuesday, 19th July 2022. According to the apex bank. the [...]

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Yemi Osinbajo Commends Manufacturers In Anambra State

David Folami — Fri, 25 Nov 2016 12:19:57 +0000

Vice President Yemi Osinbajo has described Anambra state as the industrial nerve of the country. Osinbajo also said that the Federal Government was committed to helping business in the country excel. The Vice President said this while on a one-day working tour to Anambra state, where he visited various manufacturing plants. Osinbajo also promised that [...]

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WindyCityThings, an Internet of Things Conference, June 23-24, 2016 in Chicago [Press Release]

Susan William — Tue, 17 May 2016 07:00:00 +0000

Produced by WisdomGroup, the WindyCityThings conference brings makers, hardware manufacturers, and software developers together June 23-24, 2016 at South Shore Cultural Center in Chicago for two days of IoT education, collaboration, and problem-solving. [PR.com]

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SmartAVI Strengthens Its Distribution and Network with Ingram Micro [Press Release]

Susan William — Fri, 29 Jan 2016 19:49:21 +0000

SmartAVI has joined Ingram Micros impressive roster of tech manufacturers for greater resale and distribution opportunities throughout the U.S. North Hollywood, CA, January 29, 2016 –(PR.com)– SmartAVI is pleased to announce its new business-to-business partnership with Ingram Micro, a Fortune 500 company that delivers the full spectrum of global technology and supply-chain services to businesses [...]

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