Manufacturing Sector’s GDP To Hit N49.6trn With 40,000Gwh Of Power Supply   If electricity supplied to industries increases to 40,000Gwh within the next seven years, the manufacturing sector’s contribution to the Gross Domestic Product (GDP) is projected to rise to N49.6 trillion with at least 46.59...

CBN’s Survey Shows Manufacturing Sector Growing   The Purchasing Managers’ Index in the month of July stood at 57.6 index points, indicating expansion in the manufacturing sector for the 28th consecutive month. The Central Bank of Nigeria’s statistics department disclosed in its July survey report on Purchasing...

Manufacturing Sector Tops In N273bn VAT Generated In Q3'2018, Says NBS The manufacturing sector had the highest contribution to the Value Added Tax generated in the third quarter of 2018, the latest data obtained from the National Bureau of Statistics on Tuesday revealed. The figures, showed...

Study Shows Nigeria May Be Major Loser - Oyejide A professor of Economics at the University of Ibadan and the Chairman, Centre for Trade and Development Initiatives, Bodija, Ibadan, Ademola Oyejide, has conducted a study on an analytical comparison between two major countries in Africa...

Revenue: Manufacturers Suffer N30bn Decline In 3Months Despite positive growth in the economy since the nation exited recession, the manufacturing sector has yet to experience a boom. The manufacturing sector recorded a decline of about N30bn in output in the first quarter of this year, figures...