Economy Featured Manufacturing

Nigeria’s manufacturing sector records growth, according to CBN PMI

Reading Time: 2 minutes Image Credits: MIGA/World Bank, REUTERS/Afolabi Sotunde. The October Purchasing Managers’ Index for the manufacturing sector stood at 49.4 index points, indicating a reversal of five consecutive months of contraction which started in May. This is according to the result of PMI survey released by the Statistics Department of Central Bank of Nigeria (CBN) on Tuesday. Read More…

Business Featured Stocks

Nigeria stock market records N164bn growth

Reading Time: 2 minutes Image Credits: NSE. After two days of cautious trading, the nation’s bourse on Friday recorded N164 billion growth following renewed investors interest. Specifically, the market capitalisation which opened at N14.815 trillion rose by N164 billion or 1.11 per cent to close at N14.979 trillion. Also, the All-Share Index rose by 315.41 points or 1.11 per Read More…