NBS names top three contributors to GDP as VAT revenue hits N1.49m in 6 months
Data released by the National Bureau of Statistics (NBS) on Monday showed that the top three largest contributors to GDP in the second quarter of 2023 were manufacturing with 29.64%;…
Cash scarcity may lead to 25% drop in sale of locally-made goods – Manufacturers
By Rukayat Moisemhe Lagos, Feb. 3, 2023 (NAN) The Manufacturers Association of Nigeria (MAN) on Friday in Lagos emphasised the need for the CBN to intensify efforts at ensuring seamless…
SUPPORTING MANUFACTURING FOR NATIONAL EMPOWERMENT
June 23, 2021 Top five manufacturing nations are China, USA, Germany, Japan and India. China is noted as the ‘’world factory’’. It overtook USA in 2010 and account for 30…
Our $37bn external reserve still robust to support economy – Emefiele
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), says the low crude oil prices were surmountable, as he declared that Nigeria’s foreign reserves of about $37 billion…
Lagos Government receives $43 billion investment proposals in 3years
April 26, 2018 The Lagos State Government on Thursday said the state received over $43 billion worth of investment proposals in the last three years. Prof. Ademola Abass, the Special…