The manufacturing Purchasing Managers’ Index (PMI) in the month of May recorded a decline to 42.4 index points after a 36-month consecutive expansion. This is according to the May 2020…
Read More Nigeria’s manufacturing PMI declines to 42.4 — CBN
Category: Business
Buhari assures Adesina of Nigeria’s support in second term bid as AfDB President
By our reporter| President Muhammadu Buhari on Tuesday assured Dr. Akinwumi Adesina of Nigeria’s support in his reelection bid as the President of the African Development Bank (AfDB). According to…
Read More Buhari assures Adesina of Nigeria’s support in second term bid as AfDB President
Reps approve Buhari’s $22.7bn loan request rejected by the 7th assembly
By our reporter| The house of representatives on Tuesday approved President Muhammadu Buhari’s request to borrow $22.7 billion. Buhari first sent the loan request to the 7th assembly under Bukola…
Read More Reps approve Buhari’s $22.7bn loan request rejected by the 7th assembly
Domestic flights may resume on June 21, says Aviation minister
By our reporter|The restrictions placed domestic flights operation may be lifted on June 21, the federal government said on Monday. Hadi Sirika, the minister of aviation who made the disaclosure…
Read More Domestic flights may resume on June 21, says Aviation minister
Report: Why the US is targeting flamboyant Nigerian banker, Akinwumi Adesina
The US and the African Development Bank have fallen out over allegations of corruption against the bank’s Nigerian head, writes former BBC Africa Business editor Larry Madowo. Akinwumi Adesina is…
Read More Report: Why the US is targeting flamboyant Nigerian banker, Akinwumi Adesina