Manufacturing Sector Recovers After Six-month Contraction         The nation’s manufacturing sector has snapped out of the doldrums after contracting for six straight months, a new survey by the Central Bank of Nigeria has shown. The CBN, in its latest Purchasing Managers’ Index Survey Report, said the manufacturing...

Manufacturing Sector Hits Sixth-month Slow Growth         The Purchasing Managers Index for the manufacturing sector which started contracting in May recorded another contraction in October according to the Central Bank of Nigeria. The statistics department of the CBN disclosed in its ‘Purchasing Managers’ Index survey report for...

Manufacturing Sector Slumps 5th Time In A Row       For the fifth consecutive time, the manufacturing sector growth slumped, data from September purchasing managers index show. The data released by CBN statistics department indicated that the Manufacturing PMI in the month of September stood at 46.9 index...

Manufacturing Sector Records Four-month Contraction – CBN     The manufacturing Purchasers Managers Index in the month of August stood at 48.5 index points, indicating contraction in the manufacturing sector for the fourth consecutive months. This was contained in the August 2020 PMI survey report by the statistics...

Manufacturing Sector Records Three Months Contraction – CBN Report     The Nigerian economy contracted in July for the third consecutive month, the manufacturing and non-manufacturing purchasing managers indices have shown. The statistics department of the Central Bank of Nigeria disclosed this in its Purchasing Managers’ Index survey...

Manufacturing Output Rose By N4.33trn To N16.7trn   Within a one-year period covering January to December 2019, the total monetary value of the manufacturing sector’s output rose by N4.33tn to N16.78tn. An analysis of the Gross Domestic Product report from the National Bureau of Statistics showed that...