H1’24: Manufacturers Incurred N730bn In Capital Expenses

Share...value of unsold goods hits N1.2trn The Manufacturers Association of Nigeria (MAN) has revealed that over the first six months of the year, local manufacturers incurred more than ₦730 billion in capital expenses due to the continuous rise in interest rates imposed by commercial banks. The association said the dilemma was hampering innovation, productivity and...The post H1’24: Manufacturers Incurred N730bn In Capital Expenses first appeared on New Telegraph.The post H1’24: Manufacturers Incurred N730bn In Capital Expenses appeared first on New Telegraph.

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