A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
The Central Bank of Nigeria (CBN) yesterday said that the Manufacturing Purchasing Managers Index (PMI) fell below the 50 index points for the third consecutive months in July, indicating further contraction in economic activities during the month.
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By Bernadette Chime In times of crisis, some corporations profit while others break. For the tobacco industry, the COVID-19 pandemic which has shut down many nations and crippled the global economy seems “a make or break opportunity”. In the last four months the industry has tried hard to brush aside the blame for the deaths
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The Central bank of Nigeria (CBN) yesterday released its Purchasing Managers Index (PMI) report for January which indicated slowdown in economic expansion during the month.
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The expansion recorded in the manufacturing sector in October as indicated by the Central Bank of Nigeria (CBN) Purchasing Managers Index (PMI) would likely sustain its uptrend till year end. But whilst this is a position given by economy watchers at Cordros Capital Limited, a Lagos-based finance and investment house, another group of analysts have punctured this position with the current Business Confidence Report which shows a dim picture of the short term economic outlook.
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FINANCIAL analysts have said that expansion in Gross Domestic Product, GDP, in fourth quarter, Q4, 2017 and the Central Bank of Nigeria, CBN’s, Purchasing Managers, PMI, Index supports the expectation from capital market stakeholders that 2017 full year corporate earnings will come in strong.
Read MoreJUBILEE Life Mortgage Bank JLMB, has posted N245 million profit in its financial year ended December 2016, just as the primary mortgage institution has unveiled its ultramodern office in Lagos.
Read MoreJUBILEE Life Mortgage Bank JLMB, has posted N245 million profit in its financial year ended December 2016, just as the primary mortgage institution has unveiled its ultramodern office in Lagos.
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Phillip Morris International, has faulted claims by Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), that the company illegally imported cigarettes into the country.
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