AS the Nigerian economy contends with the effect of the Covid-19 pandemic, the manufacturing Purchasing Managers’ Index (PMI) has further contracted for the fifth consecutive time at 46.9 index points. …
Category:
Manufacturing
- Manufacturing
Nigeria’s manufacturing sector contracts for 4th consecutive month – CBN
by Prince Tobyby Prince Toby 0 minutes readThe Manufacturing Purchasing Managers’ Index (PMI) in August 2020 has witnessed a contraction for the fourth consecutive month, as it stood at 48.5 index points. This was disclosed by the …
- Manufacturing
MAN tasks FG to review lending rate, waive import duties on inputs
by Prince Tobyby Prince Toby 2 minutes readThe Federal Government has been urged by the Manufacturers Association of Nigeria (MAN) to review the interest rate and waive import duties on active pharmaceutical ingredients (APIs) and food-related raw …