MAN: CBN’s Rate Cut Still Disrupting Manufacturing Production and Investment Plans
• CBN monetary policy committee members The Manufacturers Association of Nigeria (MAN) reacted today to Central Bank of Nigeria (CBN) July interest rate cut. The Association is complaining that the persistent increase in the rate over the years has impacted the sector negatively, especially the disruptions on manufacturing production and investment plans. Segun Ajayi-Kadir, MAN…