In 2020, a total of N577.61 billion worth of manufactured goods went unsold in Nigeria, while investment into the Manufacturing sector also declined significantly to N118.52...
Nigeria’s manufacturing sector contracted in the month of December after scraping a weak recovery in the month before, the Central Bank of Nigeria (CBN) said in...
Nigeria’s manufacturing sector shrank for the sixth straight month in October, the Central Bank of Nigeria (CBN)’s Purchasing Managers Index Survey Report showed on Tuesday. Manufacturing...
Transactions carried out by Nigerians via electronic payment channels totalled N263.78 trillion between April and June this year, the National Bureau of Statistics (NBS) said on...
Nigeria’s manufacturing Purchasing Manger Index (PMI), which measures the general direction of economic trends in the manufacturing sector of the economy, stood at 48.5 index points...
Nigeria’s Manufacturing Purchasing Managers’ Index (PMI), which measures the direction of trends and developments in the manufacturing industry, tightened for the third successive month at 44.9...
Nigeria’s Manufacturing Purchasing Managers’ Index (PMI), which measures the prevailing direction of economic trends in the manufacturing sector, stood at 41.1 points in June 2020, indicating...
Nigeria’s manufacturing sector recorded a contraction for the first time in the just concluded month of May after recording growth for 36 consecutive months, data obtained...
Deceleration in farm produce and imported food, reflecting waning impact of festive period induced demand for grains and imported items may have impacted positively on the...
Manufacturers in the country have said they aimed to increase their contribution to the nation’s Gross Domestic Product, GDP, in 2019 and beyond from the current...
Data released by the National Bureau of Statistics (NBS) has shown that the manufacturing sector made the highest contribution to the Value Added Tax (VAT) generated...