Binding constraints slowdown manufacturing activities in September — REPORT

By Yinka Kolawole There was a marginal decline in expansion of the manufacturing sector in September driven largely by weakness in key sub-sectors of the ecosystem occasioned by binding constraints. This was revealed in the NESG-Stanbic IBTC Business Confidence Monitor (BCM) Index for the Manufacturing sector in September 2025, which signaled that the sector recorded a slowdown

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