Tag: manufacturing pmi

Nigeria’s manufacturing sector contracts for 5th time this year

Nigeria’s manufacturing PMI contracted for the fifth consecutive month in September according to data by the Central Bank of Nigeria. Meanwhile, President Muhammadu Buhari is expected to present the 2021 budget to the National Assembly this week. Emmanuel Odiaka, the Managing Director and CEO of ECOB Capital joins CNBC Africa’s Wole Famurewa for this discussion.

Nigeria Manufacturing PMI sees steep rise to 53.9 points in June

After recording its lowest ever Manufacturing PMI at 43.3 points in May, FBN Quest's PMI recorded a steep rise to 53.9 points in the month of June. Chinwe Egwim, Economist at FBN Quest Merchant Bank joins CNBC Africa for more.