Nigerian Manufacturers' Confidence Rebounds Despite High Borrowing Costs and Power Woes

Manufacturers' confidence in Nigeria's business environment saw a rebound in the second quarter of 2026, buoyed by expectations of improved government policies and a more favorable operating climate, despite ongoing challenges like high borrowing costs and power issues.

7 Aug, 06:10 — 7 Aug, 06:10

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vanguard-ngMixed31d ago

Manufacturers’ confidence rebounds despite high borrowing costs, power woes

By Yinka Kolawole Manufacturers’ confidence in Nigeria’s business environment rebounded in the second quarter of 2026 (Q2’26) buoyed by expectations of improved government policies and a more favourable operating climate. But the sector operators have continued to grapple with high borrowing costs, inadequate power supply, foreign exchange constraints and multiple taxation. The latest Manufacturers CEO Confidence […] The post Manufacturers’ confidence rebounds despite high borrowing costs, po...

By Urowayino Jeremiah

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Nigerian Manufacturers' Confidence Rebounds Despite High Borrowing Costs and Power Woes

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Manufacturers’ confidence rebounds despite high borrowing costs, power woes

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