Nigeria’s manufacturing sector struggles as GDP growth crashes by 90.11%
Nigeria’s manufacturing sector experienced a staggering decline in growth, as its year-on-year (YoY) nominal GDP growth plummeted by 90.11% in ...
Tag: Nigeria’s manufacturing sector
Nigeria’s manufacturing sector turns to local sourcing amid 1.66% decline in real output
Nigeria’s manufacturing sector is navigating a challenging landscape in 2024, with a modest decline in real output and capacity utilization, ...
These five banks provided the most loans to manufacturers in 2023
In 2023, Nigeria's manufacturing sector, which contributes approximately 8% to the nation’s GDP, saw significant financial movements despite facing several ...
Top 10 banks with highest prime lending rates for manufacturing firms in Nigeria
The Central Bank of Nigeria (CBN) increased the monetary policy rate (MPR) by 400 basis points, elevating it to a historic high ...
Manufacturing sector records GDP growth of 2.28% in Q4 2021
Nigeria's Manufacturing sector recorded a real GDP growth of 2.28% (year-on-year) in Q4.
Manufacturing: Russian companies to invest $500 million in Nigeria – NIDO
9 Russian companies are interested in investing $500 million into Nigeria's manufacturing sector.
PMI: Nigeria’s manufacturing sector gains momentum in November
Nigeria’s manufacturing sector has continued to gain momentum as it rallied to build on the growth recorded in the third ...
Nigeria’s PMI edges higher in October, on increased local demand
Data from the NBS disclosed that the business activity in Nigeria’s manufacturing sector expanded at a stronger pace, with the ...
Nigeria’s manufacturing sector contracts, as key components shrink
The CBN Purchasing Managers’ Index shows that Nigeria’s manufacturing sector slowed down in the month of September 2019.
