Updates

Nigeria PMI – Headline Readings Diverge Amidst Contraction

Culled—Proshare December 6, 2016/Vetiva Research November’s Purchasing Managers’ Index (PMI) readings indicated economic contraction over the month as Manufacturing and Non-Manufacturing PMI registered 46.0 and 42.8 respectively. Digging deeper however, the two indexes diverged a bit as the Manufacturing PMI reading is the highest since January (47.2) whilst non-Manufacturing deteriorated […]

Gas Not the Only Solution

Culled—Proshare December 6, 2016/FBNQuest Research The sabotage of the Forcados pipeline in February had a dramatic impact on electricity generation and also highlights why the FGN has a policy of encouraging diverse energy supplies. Babatunde Fashola, the federal minister of power, works and housing, said in August that generation had […]

Calcium Fortified Loya Milk Promotes Swimming amongst Children

December 6, 2016/Promasidor Nigeria Ltd In a bid to encourage swimming amongst Secondary School students in Nigeria, Loya Milk, a premium milk brand from the stable of Promasidor Nigeria Limited on Saturday, 3 December 2016, organised a swimming competition dubbed “Loya Swim Meet” for Secondary Schools in Lagos State where […]