FDI Sector Surge to $1.5 Billion in 2023
Foreign investments in Nigeria's manufacturing industry experienced a significant uptick in 2023, reaching $1.5 billion compared to $948 million in ...
Tag: Manufacturing sector
P&G Exit from Nigeria Leads to 5000 Job Losses and Foreign Investment Decline
In a significant blow to Nigeria's economy, multinational consumer goods giant Procter & Gamble (P&G) has announced its plans to ...
Lessons from Ghana’s Redenomination: The Nigerian Naira Conundrum
In 2007, Ghana embarked on a daring economic experiment by redenominating its currency, making 1 Cedi equal to 1 USD. ...
Manufacturers report N272bn unsold inventory in first half of 2023
The first half of 2023 witnessed a significant surge in the inventory of unsold finished products in Nigeria's manufacturing sector, ...
Foreign Investors Shy Away as Liquidity Challenges Affect Nigerian Equities Market in H1 2023.
The Nigerian equities market has been grappling with liquidity challenges in the foreign exchange (FX) market, resulting in a significant ...
Manufacturing Sector at Risk: Will Interest Rate Hike Fuel Nigeria’s Recession?
The recent decision by the Central Bank of Nigeria (CBN) to raise the monetary policy rate (MPR) from 18 percent ...
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