Stanbic IBTC Bank Nigeria PMI: New order growth sustained in March, but higher fuel costs lead to surge in prices

 Growth slowed in the Nigerian private sector at the end of the first quarter of the year as higher fuel costs led to a steep intensification of inflationary pressures. Output growth was only modest, but underlying demand reportedly remained resilient, leading to a further sharp rise in new orders. In turn, firms continued to expand […] The post Stanbic IBTC Bank Nigeria PMI: New order growth sustained in March, but higher fuel costs lead to surge in prices appeared first on Marketing Edge Magazine.

  Business   Apr 1, 2026   0   15  Add to Reading List
Stanbic IBTC Bank Nigeria PMI: New order growth sustained in March, but higher fuel costs lead to surge in prices

 Growth slowed in the Nigerian private sector at the end of the first quarter of the year as higher fuel costs led to a steep intensification of inflationary pressures. Output growth was only modest, but underlying demand reportedly remained resilient, leading to a further sharp rise in new orders. In turn, firms continued to expand […]

The post Stanbic IBTC Bank Nigeria PMI: New order growth sustained in March, but higher fuel costs lead to surge in prices appeared first on Marketing Edge Magazine.

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