Products

The Central Bank of Nigeria (CBN) said the Manufacturing Purchasing Managers’ Index (PMI) stood at 61.1 index points as at December 2018, indicating an expansion in the manufacturing sector for 21 consecutive months.

Hope of ending the strike embarked upon by the Academic Staff Union of Polytechnics (ASUP) dimmed on Friday as the union declared that it would not call off the industrial action until the Federal government honoured all the agreements it entered into with it since 2010.

“That’s him, that’s him,” the two old women, wrinkled and bent with age, exclaimed. You could see wonderment and fulfillment in their eyes. And as if on cue, they both began to cry.

The Central Bank of Nigeria (CBN) on Monday vowed to clamp down on individuals and businesses engaging in clandestine activities to frustrate the restriction of foreign exchange on the importation of 41 items into the country.

The Senate yesterday directed the federal government to suspend the implementation of the proposed 500 per cent hike in excise tariff on alcoholic beverages and tobacco products.

The Country Managing Director, Accenture Nigeria, Niyi Yusuf, has urged Nigerians to leverage on innovation to boost productivity, economic prosperity and improve growth prospects.

The Director-General, National Information Technology Developmental Agency (NITDA), Isa Ibrahim Pantami has commended AfriOne for its innovation and contribution to technology development in Nigeria.

The Operations Controller of the Department of Petroleum Resources (DPR), Abeokuta Field Office, Muinat Bello-Zagi, has said the agency had battled mirage of challenges mitigating against smooth operations of downstream sector in Ogun State, and restored sanity within one year that the office was established.

The Nigerian Army has seized over 680,000 litres of adulterated diesel, kerosene and “black oil,” an official said.

The Standards Organisation of Nigeria (SON) has restated its commitment with the federal government’s policy on improving the business environment and implementing the requirements of the Presidential Executive Order 003 on the ease of doing business.

As part of efforts to promote financial inclusion and enhance access to financial services for low income earners and the unbanked, the Central Bank of Nigeria (CBN) is proposing the establishment of Payment Service Banks in rural areas across the country.

The National Bureau of Statistics (NBS), said that 4.79 billion litres of Premium Motor Spirits (PMS) was imported into the country in the second quarter.

The U.S. Trade Representative’s office (USTR) and the U.S. Department of Agriculture (USDA) on Tuesday said Morocco has lifted the ban and agreed to accept imports of American poultry products for the first time.

The Minister of State for Trade and Investment, Hajiya Aisha Abubakar, says the Federal Government is committed to the diversification of the economy to improve revenue and save foreign exchange.

LifeBank, a healthcare technology and logistics company founded in 2016 to solve the problems of blood shortage in Nigeria, has introduced fresh innovations to enhance its blood donation service delivery.

The Director General of Standards Organisation of Nigeria (SON), Mr. Osita Aboloma, has said the organisation will promote market-driven standards to penetrate the international market by certifying products, processes or systems which is the tonic requirement for products at the international market.

The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its 2015 circular on items not valid for foreign exchange.

The National Animal Production Research Institute (NAPRI) has appealed to Federal Government to support the institute to revive its vandalised liquid nitrogen plant for the storage of animal semen.