Local manufacturers have expressed concerns about rising inflation in Nigeria, considering that prices are further spiked by challenges in supply chains, occasioned by the inability to access foreign exchange for the importation of critical raw materials.
Despite struggling to access foreign exchange to secure raw materials, local manufacturers have decried the rising level of inventory, especially for unsold manufactured goods, adding that weakened disposable income of consumers has worsened the situation.
Nigerian manufacturers have assured the nation’s economic managers and the public of sustaining operations and scaling up the production of essential commodities as the Coronavirus pandemic leads to a partial lockdown in many parts of the country.
Despite being a major market in the Economic Community of West African States (ECOWAS), local manufacturers have kicked against the exclusion of Nigeria’s priority products from the sensitive and exclusive lists...
Justice Lewis Allagoa of the Federal High Court Kano on Monday struck out the 'no case submission' filed by former Kano State Governor Ibrahim Shekarau, Aminu Wali and Mansur Ahmed against the Economic and Financial Crimes Commission (EFCC). Besides, the court ordered the accused persons to submit their international passports and other relevant documents before…
After 100 days in office for his second term, some members of the organised private sector have described the nation’s economic policy space as one that remains unclear and fragmented within the arena of key public authorities and agencies.