National Bureau of Statistics, Nigeria

monieworx® enables 3 SMEs raise ₦100M in 10 days through regulation crowdfunding, Nigeria's first Community investing by small-ticket retail investors in alternatives goes mainstream in Africa

Retrieved on: 
Wednesday, February 15, 2023

The average investment in the Private Notes was ₦10,725 with the smallest and biggest tickets being ₦1,200 and ₦20,000 respectively.

Key Points: 
  • The average investment in the Private Notes was ₦10,725 with the smallest and biggest tickets being ₦1,200 and ₦20,000 respectively.
  • The longest duration of the new asset class for individual investors is 90 days, with a fixed rate of 12% p.a.
  • The 3 most promising small and medium enterprises that have their securities offerings hosted are, namely: Imose Technologies Limited, Alatiron Nigeria Limited and Q21 Solutions Limited.
  • Obelix is widely recognized as the poster child of regulation crowdfunding (Reg CF) and the SME-focused financier of first choice in Nigeria.

Global Plywood Market 2022 to 2027: Establishing Authenticity Through Various Certifications Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Friday, December 16, 2022

The global plywood market size is projected to grow from USD 54.2 billion in 2022 to USD 73.3 billion by 2027, at a CAGR of 6.2%, between 2022 and 2027.

Key Points: 
  • The global plywood market size is projected to grow from USD 54.2 billion in 2022 to USD 73.3 billion by 2027, at a CAGR of 6.2%, between 2022 and 2027.
  • Softwood plywood is often used for industrial and construction projects, while Hardwood plywood is typically utilized for items like furniture and cabinets.
  • China is the key market in the region, consuming more than half of the demand for plywood.
  • The market in the region is mainly driven by the presence of a large number of leading global plywood companies.

$223 Billion Construction Equipment Markets: Excavators, Loaders, Dozers, Dump Trucks, Compactors, & Cranes - Global Forecast to 2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 24, 2022

Further, the growth in construction industry has led to the increase in demand of compact construction equipment.

Key Points: 
  • Further, the growth in construction industry has led to the increase in demand of compact construction equipment.
  • The
  • The demand for compact construction equipment is rising due to the ability of compact construction equipment for easy movement in intricate and remote places, which assists in efficient construction operations.
  • Therefore, the rising developments in the compact construction equipment would create opportunity of growth for the

Nigerian FG to Stop Importing Digital Products and Services says Digital Economy Minister

Retrieved on: 
Wednesday, October 26, 2022

NITDA Director General, Kashifu Inuwa opening Digital Nigeria 2022 in Abuja, October 25 [Image: NITDA]

Key Points: 
  • NITDA Director General, Kashifu Inuwa opening Digital Nigeria 2022 in Abuja, October 25 [Image: NITDA]
    Communications & Digital Economy Minister, Prof. Isa Ali Ibrahim (Pantami) addressing Digital Nigeria 2022 [Image: NITDA]
    The Minister of Communications & Digital Economy, Prof. Isa Ali Ibrahim (Pantami) made the sweeping declaration while delivering special remarks on Day #1 of the Digital Nigeria International Conference, Exhibition & Awards in Abuja on Monday, Oct 25.
  • The Conference, formerly known as the eNigeria International Conference, is the flagship awareness programme in the Digital Economy sector.
  • The annual event was re-branded as Digital Nigeria to further expand its scope in line with the core objectives of the National Digital Economy Policy and Strategy (NDEPS).
  • The aim is to brainstorm on contemporary issues of relevance across the globe, and to address Nigerian challenges for sustainable socioeconomic development.

Construction Chemicals Markets - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2021 & 2022-2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 5, 2022

During the forecast period, the construction chemicals industry is anticipated to be driven by a rapid increase in expenditure in renewable power production capacity.

Key Points: 
  • During the forecast period, the construction chemicals industry is anticipated to be driven by a rapid increase in expenditure in renewable power production capacity.
  • Particularly in the United States and Europe, several power producing businesses are making investments in renewable energy sources.
  • Additionally, governments all over the world are pushing renewable energy sources by providing incentives and subsidies to enterprises that produce renewable energy.
  • The United States construction chemicals market stood at USD 1153.80 million in the year 2021.

Global Direct Current Electric Drives Market (2022 to 2027) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 1, 2022

Furthermore, according to IEA, by 2026, global oil consumption is projected to reach 104.1 mb/d.

Key Points: 
  • Furthermore, according to IEA, by 2026, global oil consumption is projected to reach 104.1 mb/d.
  • The sector's growth is driving the demand for DC motors and, in turn, for DC drives.
  • For instance, according to ITA, the industrial wastewater market in China is expected to reach USD 19.4 billion by 2025.
  • Such trends are expected to create a favorable market scenario for the growth of DC electric drives market during the forecast period.

China Construction Industry Report 2021-2025: Industry to Register an Average Annual Growth of 4.4%, 2022-2025, Supported by Investments on Fixed-Asset Projects in the Transport and Energy Sectors - ResearchAndMarkets.com

Retrieved on: 
Friday, March 25, 2022

This downward revision is attributed to the slowdown in the country's property and construction industries, amid the tightening of regulatory controls to limit borrowing by developers.

Key Points: 
  • This downward revision is attributed to the slowdown in the country's property and construction industries, amid the tightening of regulatory controls to limit borrowing by developers.
  • The industry is expected to register an average annual growth of 4.4% between 2022 and 2025, supported by investments on fixed-asset projects in the transport and energy sectors.
  • The plan covers the development of various sectors, including transport, energy, manufacturing, health and education, among others.
  • Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in China, featuring details of key growth drivers.

Global Construction Market Report 2022: A $22873.96 Billion Market by 2026 - ResearchAndMarkets.com

Retrieved on: 
Friday, February 11, 2022

The "Construction Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • The increasing construction activities in emerging markets is expected to propel the growth of the construction market over coming years.
  • This rapid growth in construction activity contributed to the growth of the construction market.
  • Building construction companies are increasingly using green construction techniques to build energy efficient buildings and reduce construction costs.

Nigeria Construction Market Trends and Opportunities Report 2021-2025 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 19, 2022

The "Construction in Nigeria - Key Trends and Opportunities to 2025 (Q4 2021)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in Nigeria - Key Trends and Opportunities to 2025 (Q4 2021)" report has been added to ResearchAndMarkets.com's offering.
  • Nigerian construction industry to expand by 2.3% in real terms this year, which is a relatively sluggish recovery from the 2020 contraction of 7.7%.
  • Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Nigeria, featuring details of key growth drivers.
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.

Nigeria Construction Industry Report 2021 - Key Trends and Opportunities to 2025 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 5, 2021

The "Construction in Nigeria - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in Nigeria - Key Trends and Opportunities to 2025" report has been added to ResearchAndMarkets.com's offering.
  • In 2021, the industry is expected to recover in line with the slowdown in COVID-19 cases and the recovery in the global economy.
  • The report expects the construction industry to grow by 4% in 2021.
  • Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Nigeria, featuring details of key growth drivers.