Nigeria’s Private Sector Growth Hits 19-Month High As Demand Surges, Inflation Eases

Nigeria’s private sector recorded its strongest expansion in over a year and a half, as the Stanbic IBTC Bank Purchasing Managers’ Index (PMI) rose to 54.2 in August, up from 54.0 in July, marking a 19-month high in new order growth and a four-month high in output. The PMI reading, which has remained above the... The post Nigeria’s Private Sector Growth Hits 19-Month High As Demand Surges, Inflation Eases appeared first on GISTSMATE.

  Talk   Sep 2, 2025   0   1  Add to Reading List
Nigeria’s Private Sector Growth Hits 19-Month High As Demand Surges, Inflation Eases

Nigeria’s private sector recorded its strongest expansion in over a year and a half, as the Stanbic IBTC Bank Purchasing Managers’ Index (PMI) rose to 54.2 in August, up from 54.0 in July, marking a 19-month high in new order growth and a four-month high in output. The PMI reading, which has remained above the...

The post Nigeria’s Private Sector Growth Hits 19-Month High As Demand Surges, Inflation Eases appeared first on GISTSMATE.

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