Nigerian Manufacturers See Rising Production Costs in First Half of 2025 Amid Inflation and FX Volatility
Lagos, Nigeria – August 11, 2025 Several of Nigeria’s leading manufacturing companies have reported significant increases in their cost of sales for the first half of 2025, driven by persistent inflation, foreign exchange volatility, and elevated logistics and energy expenses. Unaudited financial statements filed with the Nigerian Exchange Limited show notable cost escalations across key