Manufacturing

CBN September PMI sends early warning sign on state of economy

Charles Abuede Slides to 46.9 points, down for fifth month in a row  The recently released CBN’s Purchasing Managers Index…

BUA inks deal for 3 new flour milling plants in Nigeria

Will add 2400tpd to raise existing capacity to 4000tpd Will deepen BUA’s food processing footprint Milleral, Turkish firm, promises efficient,…

August PMI shows Nigeria’s economy in for more constrictions on pandemic

Charles Abuede PMI dips to 48.5 index points in August 2020 Key sectors contracting for the fourth straight month in…

Manufacturers, importers lock horns over cargo surcharge

Nigerian manufacturers and importers are literally up in arms against foreign shipping lines at the seaports as importers are raging…

BUA Cement raises H1 revenues by 12.7% to N101.3bn amid tough environment

By Charles Abuede        * PAT up 13.47% to N34,82bn   Despite a  challenging operating environment under which it…

Manufacturers lament over forex scarcity, say sector negatively impacted

Nigerian manufacturers and businessmen have again lamented  over the scarcity of forex which is hampering their ability to import raw…