June data signalled a broad stagnation of the Nigerian private sector as subdued demand and intense price pressures led to slowdowns in growth of output and new orders. In turn, employment rose only fractionally. There were signs of inflationary pressures…
Stanbic IBTC Bank Nigeria PMI®: Nigeria’s private sector shows signs of improvement
Nigeria’s private sector showed signs of improvement in May, according to the latest Stanbic IBTC Purchasing Managers’ Index™ (PMI®) data. Readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration.…
Stanbic IBTC Bank Nigeria PMI shows slight improvement in April
Inflationary pressures in Nigeria eased slightly in April, according to the latest Stanbic IBTC Purchasing Managers’ Index™ (PMI®). The PMI, which measures business conditions in the private sector, rose to 51.1 in April from 51.0 in March, signalling a fifth…
Stanbic IBTC Bank empowers NSACC forum on Nigeria’s economic outlook, business opportunities
In a captivating morning event orchestrated by the Nigeria-South Africa Chamber of Commerce (NSACC), Nigeria’s economic landscape and the array of business opportunities it holds were brought into sharp focus. The event, made possible by the generous sponsorship of Stanbic…
Stanbic IBTC hosts 2022 Economic Outlook Webinar
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, recently hosted a webinar titled “2022 ‘Virtual Economic Outlook- Investing and planning in an election cycle”. The event which aimed at reflecting on economic trends that shaped 2021 and projecting…
