Tag: Manufacturing
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Manufacturers explain why unsold finished products rose to N1.24 trillion
The Manufacturers Association of Nigeria (MAN) on Monday released the manufacturing reports for the first half of 2024 (H1 2024), underscoring the urgent need for the implementation of decisive and coherent economic reforms.
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Nigeria’s manufacturing sector at turning point – AFC
The Africa Finance Corporation (AFC) says Nigeria’s economic output remains resilient in the face of headwinds, with softer growth projected going forward.
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Agriculture and manufacturing will determine 2021 – Dele Sobowale
Dele Sobowale “ He gave for his opinion that whoever could make two ears of corn or two blades of grass to grow upon a spot of ground where one grew before, would deserve better of mankind, and do more essential service to his country than the whole race of politicians put together.” Jonathan Swift…
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Agriculture and manufacturing will determine 2021 – Dele Sobowale
“ He gave for his opinion that whoever could make two ears of corn or two blades of grass to grow upon a spot of ground where one grew before, would deserve better of mankind, and do more essential service to his country than the whole race of politicians put together.” Jonathan Swift 1667-1745. Swift…
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Manufacturing is key to economic growth, development- Dangote
Executive Director of the Dangote Group, Hajiya Halima Aliko-Dangote has urged millennials in Nigeria and across Africa to diversify from service-oriented enterprises to manufacturing and agriculture in a bid to fast-track the development of the continent and better life for its nationals. Halima Dangote said that the economic realities around the world have shown that…
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Oil, manufacturing sectors got highest credits from banks in second quarter – NBS
The oil and gas and manufacturing sectors got the highest credits from banks to the private sector at N3.45 trillion and N2.02 trillion respectively in the second quarter (Q2) of 2018, the National Bureau of Statistics (NBS) has said. In its report published on Friday, titled ‘Selected Banking Sector Data – Q2 2018,’ the NBS…
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Nigeria ready to be Africa manufacturing hub – Minister
The Minister of Science and Technology, Dr Ogbonnaya Onu, says Nigeria is ready to become the manufacturing hub for Africa. Onu said this when he received Dr Valeril Aleksandruk, the Ukrainian Ambassador to Nigeria, on Friday in Abuja. According to him, the nation will achieve the feat as it uses technology and innovation to harness…
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Forex: CBN boosts manufacturing, agriculture, others with $2.83bn
The Central Bank of Nigeria (CBN) says it disbursed 2.83 billion dollars to critical sectors of the economy between December 2016 and January 2017. Mr Isaac Okorafor, the Acting Director, Corporate Communications Department of CBN, made this known in a statement on Thursday in Abuja. He said that manufacturing, raw materials and agriculture topped the…