Manufacturers’ confidence in Nigerian economy drops on inflation, FX crisis

February 15, 2023

Consumers face price hikes as manufacturers’ raw materials deplete

Segun Ajayi-Kadir, the director-general of Manufacturers Association of Nigeria

Manufacturers' confidence in the Nigerian economy dropped in the fourth quarter of last year on the back of surging inflation and foreign exchange crisis, new data released on Tuesday have shown. The aggregate Manufacturers CEO’s Confidence Index (MCCI) of the Manufacturers Association of Niger

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