US-Iran conflict: MAN outlines measures to mitigate effect on Nigerian manufacturers
Nigeria’s manufacturing sector may face serious challenges as tensions between the United States and Iran continue to affect global markets. The Manufacturers Association of Nigeria (MAN) has raised concerns that the situation could disrupt operations and slow down growth in 2026. According to MAN’s Director General, Segun Ajayi-Kadir, many manufacturers are already struggling with rising […]
Nigeria Ranks Second In African Manufacturing Output
Nigeria has been ranked second in Africa in terms of manufacturing output, highlighting the country’s growing industrial strength. Recent figures show that Egypt leads the continent with manufacturing production valued at $59.6 billion in 2023, while Nigeria follows closely at $55.7 billion. South Africa comes third with an output of $48.8 billion, reflecting a shifting […]