Despite signs of improving macroeconomic indicators published by the federal government, the latest financial results of Nigeria’s manufacturing sector have indicated that significant pressures persist. Findings show that the manufacturers have continued to grapple with rising inventories (unsold goods) littering warehouses along with swelling...
•Unsold goods in a warehouse The declining purchasing power of consumers has led to a 357.57 per cent rise in the inventory of unsold finished products of manufacturers in Nigeria to N1.24 trillion in the second half of 2024 (H1’24) compared to N271 billion recorded in the same period last year (H1’23). The Manufacturers Association […]...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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