Stanbic IBTC Bank Nigeria PMI®: Nigerian private sector faces contraction amid soaring price pressures

Amidst a backdrop of severe and escalating price pressures, the Nigerian private sector witnessed a concerning contraction midway through the third quarter of this year, according to the latest report from the Stanbic IBTC Purchasing Managers’ Index™ (PMI®). The survey,…

Stanbic IBTC Bank PMI: Steep price pressures impact growth in July

The Nigerian private sector experienced a slowdown in growth in July due to steep price pressures, according to the Stanbic IBTC Purchasing Managers’ Index™ (PMI®). Overall input costs surged to unprecedented levels, leading to a rapid increase in selling prices.… is the number one site on all things Lagos. It will curate and aggregate news about Lagos - the city and the state as well as the people of the city. It will become the pre-eminent news site covering Lagos and its people, businesses and personalities, events and celebrations, celebrities and criminals. will be the beating heart of Lagos when it comes to news. If it’s not here, it’s not Lagos. covers Lagos like no other site. We are democratic, non-partisan, all Lagos! Itesiwaju eko!!!