Business conditions in Nigeria’s private sector remained stagnant in August, according to the latest Stanbic IBTC Purchasing Managers’ Index...
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Maroc - NAIJA247NEWS.COM - A La Une - 06/Sep 22:16
Nigeria’s Manufacturing Sector Sees Modest Recovery; August PMI Hits 50.2 Points
In a notable shift, Nigeria’s manufacturing sector saw its first expansion in over a year, with the August 2024 Purchasing Managers Index (PMI) rising to 50.2 points, according to the Central Bank of Nigeria (CBN). This marks a recovery after 13 months of contraction, signaling renewed economic activity. The report, which assessed 36 subsectors across […]
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