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Purchasing Managers’ Index

CBN: Economic expansion persists in February

Central Bank of Nigeria, CBN, yesterday released its Purchasing Managers Index, PMI report for February, saying economic expansion persisted for the 13th month in manufacturing and non manufacturing sectors.

Kenya private-sector activity strongest in nearly two years

Kenya’s private-sector activity expanded at a rapid pace last month as output rose and orders increased, a survey showed on Monday, news that will cheer investors after months of election-related contraction last year.

ABCON chief predicts end to unstable forex market

The President of the Association of Bureau de Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, on Friday, predicted an end to the unstable foreign exchange rate, following Nigeria’s exit from recession.

NBS to confirm Nigeria’s exit from recession Tuesday

The much awaited confirmation from National Bureau of Statistics (NBS) on whether or not Nigeria has finally exited its longest recession since 1987 will now be released on Tuesday.

Central bank’s forex injections boost confidence in economy – Analysts

“About 57per cent of the total foreign capital inflows into the Nigerian economy between January and May 2017 was recorded in April 2017 and May 2017 following the commencement of the I&E window on April 24, 2017,” they stated.

Fast-track manufacturing sector growth – expert tells govt

A financial expert, Prof. Sheriffdeen Tella, has urged the Federal Government to fast-track the growth of the manufacturing sector through the provision of infrastructure and the provision of credit.

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INEC decries low rate of PVC collection

The Independent National Electoral Commission (INEC) on Wednesday decried low rate of Permanent Voter Cards (PVCs) collection by registered persons in the territory.

Winifred Oyo-Ita: Why minimum wage increase is on the table

The Head of the Civil Service of the Federation, Winifred Oyo-Ita, has applauded President Muhammadu Buhari for the constitution of the Presidential Committee on Minimum Wage.

Delta Assembly approves N1.5 billion loan for agricultural development scheme

The Delta House of Assembly on Wednesday approved taking of N1.5 billion Central Bank of Nigeria loan for the Accelerated Agriculture Development Scheme in the state.

Federal government gives deadline for civil servants to update IPPIS data

The Head of Civil Service of the Federation, Winifred Oyo-Ita, has set May 28 as deadline for all civil servants to update their records on the Integrated Personnel and Payroll Information System.

House of Representatives summon Geoffrey Onyema, Abike Dabiri-Erewa over killing of Nigerians in South...

The house of representatives has summoned Geoffrey Onyema, minister of foreign affairs; and Abike Dabiri-Erewa, senior special assistant to the president on foreign affairs and diaspora, over the killing of Nigerians in South Africa.