Manufacturing Sector Declines Further By 4.7 points — CBN The nation’s manufacturing sector has recorded further decline as the sustained Central Bank of Nigeria, CBN, latest sector report shows the Manufacturing Purchasing Managers Index (PMI) for January 2021 at 44.9 index points, a 4.7 points...

Manufacturing Sector Intervention Fund Hit N803bn – CBN Manufacturing sector’s intervention funds disbursed by the Central Bank rose to N803bn as of February. Figures obtained from the CBN reports on the Monetary Policy Committee revealed this on Tuesday. “Under the N1tn manufacturing intervention stimulus, the...

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...