Manufacturers Demand Single-Digit Loan Facility To Revive Industry In 2026

The Manufacturers Association of Nigeria (MAN) has proposed the creation of a Manufacturing Refinancing and Rediscounting Facility (MRRF) to rescue the industrial sector from high borrowing costs. The association is pushing for a system that allows commercial banks to refinance manufacturing loans at single-digit interest rates for up to seven years. Director General of MAN, … Continue reading Manufacturers Demand Single-Digit Loan Facility To Revive Industry In 2026