Manufacturing investments crash by 35% amid rising cost of finance

Stories by Yinka Kolawole High cost of finance occasioned by rising interest rates, among other factors, led to a 35.3 percent crash in investments in the manufacturing sector to N658.81 billion in 2024 from N1.018 trillion in 2023. This was reflected in the Second Half of 2024 (H2’24) Economic Review of the Manufacturers Association of Nigeria [...]The post Manufacturing investments crash by 35% amid rising cost of finance appeared first on Vanguard News.

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