The Auto dealer has a working capital deficit of N14.76bn, driven by a bank overdraft of N15.76bn
The price of rice is expected to increase as the festive period draws near.
The COVID-19 induced lockdown took a huge toll on the activities of the producers.
In the August sequel of the manufacturing and non–manufacturing Purchasing Manager Index report, the CBN reported that two sub-sectors in the manufacturing space expanded substantially, with the...
Scarcity of dollar, depressed oil prices and limited fiscal support to contract economy further.
Out of the 14 subsectors surveyed, 6 subsectors reported expansion.
Only two sub-sectors in the manufacturing space reported real growths.
Despite the pains some industries seem to be taking advantage of border closure.
The contractor disclosed that the pre-testing of the plant had already begun.
Ahmed urged the CBN to tackle activities that made speculators manipulate the multiple exchange rates.