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,…
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…
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…
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…