Nigeria’s Economy Shows Signs of Recovery as PMI Hits 50.2
The Nigerian economy has demonstrated a significant turnaround in August 2024, as evidenced by the rise in the Purchasing Managers’ Index (PMI) to 50.2 index points. This marks the first…
The Nigerian economy has demonstrated a significant turnaround in August 2024, as evidenced by the rise in the Purchasing Managers’ Index (PMI) to 50.2 index points. This marks the first…
Kenya’s private sector activity experienced a rebound in August as businesses recovered from the disruptions caused by anti-government protests in July. The Stanbic Bank Kenya Purchasing Managers’ Index (PMI) rose…
The South African private sector experienced a positive uptick in August, as businesses reported a surge in new orders, signaling a potential recovery from recent economic challenges. The S&P Global…
The Nigerian private sector continued to struggle in August, according to the latest Stanbic IBTC Bank Purchasing Managers Index (PMI) released on Monday. While the headline PMI rose slightly from…
The Nigerian economy has continued its downward spiral, with the Purchasing Managers’ Index (PMI) for July registering 49.7 points, indicating a contraction in business activities for the thirteenth straight month.…
A slowdown in business activities has gripped Nigeria’s private sector, with the Stanbic Purchasing Managers’ Index (PMI) for July dipping below the crucial 50-point mark. The index, which measures the…
Nigeria’s private sector growth has stalled, with business activity grinding to a near halt in June 2024. This worrying trend is revealed in the latest Stanbic IBTC Bank Purchasing Managers’…