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The manufacturing sector recorded a decline of about N77.92bn in output in the first quarter of this year, figures obtained from the National Bureau of Statistics have revealed.
The Central Bank of Nigeria (CBN) said the Manufacturing Purchasing Managers’ Index (PMI) stood at 57.1 index points as at February, indicating an expansion in the manufacturing sector for 23 consecutive months.
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.
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 Lagos State House of Assembly on Monday called on Gov. Akinwunmi Ambode and all relevant stakeholders to embark on aggressive campaign against drug abuse.
No fewer than 850,000 Small Holder Farmers have benefited from the Central Bank of Nigeria’s N160 billion under its Anchor Borrowers’ Programme in the last three years, CBN governor, Godwin Emefele, says.
Ivory Coast, Africa’s largest rubber producer is hoping to double production to two million tonnes in the next five years despite a hit by world prices on raw materials.
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.
Police detectives have apprehended the Chief Priest of Ovre-Eku community, Delta State, for allegedly intruding and burying charm with live goat, hot drink and yam at the plantation of Presco Nigeria Plc in Orhiomwon Local Government Area, Edo State.
The Nigeria Security and Civil Defence Corps (NSCDC) has commended the Federal Government for banning the production and importation of codeine as active pharmaceutical ingredient for cough syrup preparations.
The Israeli Embassy in Nigeria, has conferred a posthumous award on the late Chief Obafemi Awolowo in his strides in agriculture, particularly on rubber and cocoa.
Efforts of the Edo State Government to grow her rubber stock and boost her non-oil receipts with the 2,500-hectare rubber plantation in Urhonigbe, in Orhionmwon Local Government Area and other agricultural initiatives, have received the support of the Federal Government.
The Nigerian Export Import Bank (NEXIM) has urged Exporters in Edo state to make effort and access the N50 billion Export Development Fund (EDF) to boost the non-oil revenue in the state. Managing Director of NEXIM, Abba Bello, disclosed this in a statement signed by Tayo Omidiji, Head, Strategy and Communications, in Abuja, on Wednesday.
President George Weah of Liberia has described as ‘too low’, the current trade volume between both countries estimated to be at $5 million.
The Central Bank of Nigeria (CBN) yesterday reported that the January 2018 Purchasers Manager Index (PMI) - a survey which measures the productive activities in the manufacturing and non-manufacturing sectors of the country grew to 57.3 pet cent, howbeit sluggishly in comparative terms with previous growth trajectory.
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The National Judicial Council (NJC) has commended President Muhammadu Buhari for accepting the voluntary retirement of the immediate past Chief Justice of Nigeria (CJN), Justice Walter Onnoghen.
As lawmakers elect principal officers of the 9th National Assembly today, national chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus, has warned President Muhammadu Buhari and the All Progressives Congress, APC, not to muzzle the legislature and other arms of government.
Bayern Munich winger Serge Gnabry said on Monday he would ‘love’ to see Germany teammate and Manchester City star Leroy Sane join him at Allianz Arena.
Senator Ajayi Boroffice says he has withdrawn from the race for Deputy Senate President of the 9th National Assembly in deference to President Muhammadu Buhari.
The police in Enugu State has arrested a suspect, Monday Nnaji, for allegedly killing a secondary school boy, Great Nwobodo, in Amodu community, Nkanu West Local Government Area of the state.
Medical and Dental Consultants Association of Nigeria (MDCAN) of the Chukwuemeka Odumegwu Ojukwu University Teaching Hospital (COOUTH) on Monday embarked on a seven-day warning strike.
U.S. President Donald Trump is adamant about imposing new tariffs on imports from Mexico to pressure it to clamp down on rising numbers of migrants entering the United States.U.S. President Donald Trump is adamant about imposing new tariffs on imports from Mexico to pressure it to clamp down on rising numbers of migrants entering the United States.
Cristiano Ronaldo has vowed to lead Portugal in a drive for more silverware after their Nations League triumph.
Former Pakistani President Asif Ali Zardari has been arrested by the country’s top anti-corruption body in a case involving fake bank accounts.
Akwa Ibom Liberation Movement (AILM) has given reasons why the Local Government Autonomy Bill recently signed into law by President Muhammadu Buhari, may not be in the best interest of Akwa Ibom State and its people.