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The Central Bank of Nigeria (CBN) report revealed that capacity utilisation in the food and beverages sector fell to 49% from 61% in the corresponding period in 2022, indicating a 20 percentage point decline. As a result, they suggested that the output levels have been declining steadily since mid-last year.
Gains reported by insurance firms, Seplat Energy, JapaulGold and May& Baker Plc drove the market capitalization of the Nigerian Exchange up by N317bn, extending the bullish rally into its 12th day on Thursday.
A statement from the firm said Okelu assumed duty on August 16, 2023, after the rectification of his appointment at the company’s Annual General Meeting.
Nigeria OTC Medications Market is expected to reach US$ 5.83 billion by 2030, registering a CAGR of over 13%Wilmington,Delaware, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Nigeria OTC Medications Market is valued at US$ 2.2 billion in 2022 and is expected to grow at a significant CAGR of over 13% over the forecast period of 2023-2030, according to the latest market report by RationalStat Market Definition, Market Scope, and Report Overview Nigeria has a fast-rising population, which raises the demand for
The deputy governor of Imo State and the managing director of May and Baker plc have said Nigeria needs to reposition manufacturing sector