We can no longer afford further hikes in interest rate, manufacturers warn

• Foreign Direct Investment drops by 57% Y-o-Y • CG expresses concern as import duty increased 42 times in Q2 Local manufacturers under the aegis of the Manufacturers Association of Nigeria (MAN) have said they can no longer afford interest rate hikes, warning that any additional increase would further limit the sector’s growth and [...]The post We can no longer afford further hikes in interest rate, manufacturers warn appeared first on The Guardian Nigeria News - Nigeria and World News.

Read More