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Maroc Maroc - THISISLAGOS.NG - A La Une - 04/Sep 12:44

Stanbic IBTC Bank Nigeria PMI® reports stagnation in August despite modest growth in new orders

Business conditions in Nigeria’s private sector remained stagnant in August, according to the latest Stanbic IBTC Purchasing Managers’ Index (PMI). Although there was a modest rise in new orders, it was not enough to spur overall business activity, which slightly declined for the second consecutive month. Despite this, employment levels saw an uptick as companies…

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