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Employment, Production’s Growth Slow In January – CBN

Employment, Production’s Growth Slow In January – CBN   Production level, new orders, supplier delivery time, employment level and raw materials inventories grew at a slower rate in January 2020. The Central bank of Nigeria disclosed in its Purchasing Managers’ Index survey report for January 2020. According to...

Dangote Cement Plans To Expand Production By 29%

Dangote Cement Plans To Expand Production By 29%   Dangote Cement Plc has revealed plans to expand its production in Africa by 29 per cent. The Chairman, Dangote Group, Aliko Dangote, in an interview with Bloomberg on Monday, said he was looking to boost cement output in...

‘Inventories , Production, Others Recorded Slow Growth In February’

'Inventories , Production, Others Recorded Slow Growth In February’ Production level, new orders, supplier delivery time, employment level and inventories grew at a slower rate in February 2019. The Central Bank of Nigeria disclosed this in its Purchasing Managers’ Index Survey Report for the month of...

Oil And Gas: NAMA Urges Stakeholders To Begin Local Production Of Aviation Fuel

Oil And Gas: NAMA Urges Stakeholders To Begin Local Production Of Aviation Fuel The Managing Director of the Nigerian Airspace Management Agency, Capt. Fola Akinkuotu, has asked stakeholders in the oil and gas industry to begin local production of aviation fuel in line with the...

Oil: OPEC Production Climbs As Saudi Arabia Pumps More

Oil: OPEC Production Climbs As Saudi Arabia Pumps More Crude oil production from the Organisation of Petroleum Exporting Countries increased last month as Saudi Arabia pumped near-record volumes to make good on a pledge to consumers that demand would be met. The kingdom’s oil production grew...

AfDB: Industrial Production Has Fallen By 41%

AfDB: Industrial Production Has Fallen By 41%   Nigeria’s industrial value dropped by 41 per cent between 2012 and this year, the African Development Bank has said. The President, AfDB, Dr. Akinwumi Adesina, said this in a keynote address delivered at the opening ceremony of the 2018...