Hello Fellas, here’s what you need to know for February 4th in 5:00 minutes.
1. Nigeria’s Agriculture experiences relatively expanded activity level.
2. Presidency keeps mom over expiration of tenure of service chiefs.
So, what Happened Today?
For the month of January 2020, the agricultural sector in Nigeria saw an expanded activity level. This is in relation to the manufacturing, and non manufacturing sector that reportedly shrinked.
This is according to data made available by the country’s apex bank, the Central Bank of Nigeria CBN, which suggests that the bank’s Purchasing Managers Index (PMI) for this month showed that across the 5 indices of Production level, New Orders, Raw Materials/WIP Inventory, Supplier Delivery Time and Employment level used in gauging the manufacturing sector, there was broad-based decline (this is for manufacturing ). …