The manufacturing sector has seen an increase in capital inflow during the first half of 2023, surging to $861.16 million, marking 88.16% rise when compared to the $457.67 million recorded during the same period in 2022, according to data from the National Bureau of Statistics (NBS). Speaking on this development to The Guardian, Dr. Chinyere Almona, the Director-General of the Lagos Chamber of Commerce and Industry (LCCI) pointed out that much of the capital imported into the manufacturing sector in H1 2023 has been in the form of loans and bonds. This mirrors the challenges faced by manufacturers, who are … Continue reading Manufacturing Sector Witnesses Soaring Capital Inflow In H1