The Chief Executive Officer of 9mobile, Obafemi Banigbe, has emphasized the critical role of Technology, Agriculture, Manufacturing, and Creative sectors in driving Nigeria’s non-oil export growth. Speaking at the 2024 BNI National Business Conference held recently in Abeokuta, Ogun State,…
Nigeria’s manufac turing sector’s contribution to the Gross Domestic Product (GDP) has witnessed a significant contraction over the past two quarters, reflecting a decline of 20.95 percent from the end of 2023 to the second quarter of 2024. According to…
By Sodiq Adelakun In a recent release by the National Bureau of Statistics (NBS), Nigeria’s manufacturing sector has shown a complex pattern of growth in the third quarter of 2023. Despite a marginal decline in its contribution to the country’s…
President Bola Tinubu has approved the release of over N275 billion for the immediate resuscitation of the manufacturing and the Micro, Small and Medium-sized enterprises (MSME). In a nationwide broadcast to the nation on Monday, Tinubu said that was part…
Mr Bismarck Rewane, Chief Executive Officer, Financial Derivatives Company Ltd. has listed aviation, chemical and pharmaceuticals, manufacturing, construction and financial services as sectors that will drive Nigeria’s economic growth in 2023. Rewane said this at the Nigerian-British Chamber of Commerce…
Adenike Agunsoye The Nigerian manufacturing sector has been besieged with series of troubles which have continually affected its productivity and profitability adversely. This is further worsened by unfriendly macroeconomic conditions, which affect business owners and consumers alike but the resilience…
Like many governments, the Nigerian government has identified industrialisation as the tool to generate tangible nonoil revenue, increase employment opportunities, and contribute maximally to GDP. As part of government’s efforts at engendering sustainable economic recovery, some fiscal and monetary policies…
