Commercial bank credit to Nigeria's manufacturing sector declined by 22.5% in 2025, raising concerns from MAN about industrial growth and job creation.

Commercial bank credit to Nigeria's manufacturing sector declined by 22.5% in 2025, raising concerns from MAN about industrial growth and job creation.

• Says manufacturers borrowing at between 27% and 35% in 2026

Commercial bank credit to Nigeria's manufacturing sector fell by N1.92tn. Learn why funding gaps and high lending rates are stifling manufacturing credit.

THE Manufacturers Association of Nigeria, MAN, has raised concern over the data generated by Vanguard Newspaper showing that banks’ credit to manufacturers contracted by 22.5…

The Manufacturers Association of Nigeria (MAN) has raised concerns over the sharp decline in bank credit to the manufacturing sector, warning that the development could undermine…