Forex Scarcity: Consumer Goods Manufacturers Borrow N1.8trn To Survive
At the backdrop of rising interest rates and foreign exchange scarcity, leading consumer goods manufacturing companies have come under severe funding pressure.
Findings from the financial statements of the companies show that they have resorted to very...
In Seven Months, NGX Attracted N369.83bn FGN Bonds, Other ListingsÂ
The Nigerian Exchange Limited (NGX), attracted a total of N369.83 billion new listings across equities, FGN Bonds, mutual funds, and derivatives categories in seven months of 2023.
The numbers obtained by Economic Confidential revealed that corporate...
NEPC Compiles Export Potential In 774 LGAs
The Nigerian Export Promotion Council (NEPC), said it had begun the compilation of export potential in the 774 Local Government Areas of Nigeria.
Dr. Ezra Yakusak, Executive Director of NEPC, who stated this on Saturday in Abuja at the...
Influx Of smuggled Textiles Killed 150 Local Companies – TEA
Manufacturers under the aegis of the Nigerian Textile Employers Association have said that smuggling of textile products through Nigeria’s land borders, has led to the collapse of over 150 textile companies in the last 40...
Spokesperson’s Digest, a sister publication of PRNigeria presents three leading Corporate Communication specialists from the North who are creating a positive public brand image and maintaining strong relationships with the company's customers and clients.
Minerals Exported To Europe, Asia At Ridiculous Prices - FG
The Federal Government has expressed concern at the way minerals were being exported raw to Asian and European countries at ridiculous prices without value addition.
It described this as a disservice to technological and industrial growth.
The...