The Manufacturers Association of Nigeria (MAN) has attributed the sharp decline in manufacturing export earnings to high interest rates, warning that the sector’s viability is under pressure. According to data from the National Bureau of Statistics (NBS), manufacturing exports fell from N1.04tn in Q3 2024 to N294.43bn in Q1 2025, marking a significant N746.38bn drop. … Continue reading Manufacturers Blame 27.5% Interest Rate As Export Earnings Plunge By N746bn