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Purchasing Managers’ Index
Uche Uwaleke, Professor of Finance and Capital Market, has called for early passage of the 2021 Appropriation Bill and aggressive implementation of the Economic Sustainability Plan (ESP), as the country enters recession.
The Nigerian Stock Exchange market indicators on Friday dropped further by 1.46 per cent due to unimpressive third quarter results released by some banks.
The manufacturing purchasing managers’ index (PMI) recorded growth in November 2020 after six months of contraction between May and October 2020.
China has largely managed to control the virus after a disastrous start to the year that saw Beijing lock down tens of millions of people and the economy contract 6.8 per cent in the first quarter.
The Purchasing Managers’ Index (PMI) for the manufacturing sector in October stood at 49.4 index points, indicating a reversal of five consecutive months of contraction which started in May. The manufacturing PMI for the month of September was 46.9 index points.
The Purchasing Managers Index for the manufacturing sector which started contracting in May recorded another contraction in October according to the Central Bank of Nigeria.
South Africa’s economic downturn extended into last month, though businesses still reeling from the impact of the COVID-19 pandemic reported slightly less steep in output and new orders, a survey showed on Wednesday.
China’s manufacturing activity expanded in July at the fastest pace in almost a decade, according to a private survey released on Monday, though employment continued to drop in the wake of the coronavirus crisis.
South African private sector activity fell to a new record low in April, a business survey showed on Wednesday, as company closures due to a nationwide coronavirus lockdown led to a collapse in demand.
Although China is claiming success in its battle against the coronavirus, millions have lost their jobs in the economic fallout, throwing into jeopardy an ambitious target to eradicate poverty this year.
Crude oil prices slipped back a little in Asia on Monday, possibly with investors taking some cash off the table ahead of important US and European data.
Chinese Ambassador to Australia, Cheng Jingye, in a signed article on Thursday said China rejects escalation of the U.S. initiated trade war, which is spreading harm around the world.
The Central Bank of Nigeria (CBN) Purchasing Managers Index (PMI) report for July shows employment level index on the rise for the 27th consecutive month.
For the first time in 2019, economic activities grew faster as the manufacturing and non-manufacturing sectors continued to expand in the month of March.
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The National Information Technology Development Agency (NITDA) has commenced the third phase of virtual strategic capacity building training for Federal Public Institutions (FPI) in Abuja.
Porto defender Zaidu Sanusi has been named in the UEFA Champions League Team of the Week for matchday four.
The Nigerian National Petroleum Corporation (NNPC), Shell Petroleum Development Company (SPDC) as well as Total have donated equipment to Nasarawa State government as part of their effort in curtailing the spread of COVID-19 pandemic in the state.
The Pilot Newspapers officers in Wuse Zone 5 were searched by anti-graft officials who have been investigating a case of alleged fraud against a someone associated with the newspaper.
The Inspector-General of Police, Mohammed Adamu, on Thursday enjoined police officers across the country not to shy away from dealing with criminal elements in the country.
Arms control advocates are urging Joe Biden to extend the last U.S.-Russian treaty limiting deployed strategic nuclear arms for five years, but some experts argue the U.S. president-elect should go for a shorter period to maintain leverage over Moscow.
The Imo State police command has said that the lawmaker, representing Ohaji/Egbema state constituency, Cyracus Okoro, who was arrested, charged to court and later was granted bail alongside his four aides attacked his colleague, the Deputy speaker, Chyna Iwuayanwu, with a dagger.
Thiago Alcantara is capable of replicating the success he enjoyed at Bayern Munich with Liverpool says Xabi Alonso, with the 29-year-old considered to be “one of the best midfielders” on the planet.
To ensure the drive by the federal government to boost exports succeeds, the government has been urged to simplify the process through the removal of factor associated with delays, multiplicity of product inspection and the high cost in export process.
The Chief Justice of Nigeria (CJN), Tanko Muhammad, has said there is need for more daring lawyers to emerge in Nigeria in order to resist tyranny and expand what he described as “frontiers of jurisprudence in the country.”