By Modupe Gbadeyanka In November 2025, business activity witnessed an expansion, through the Purchasing Managers’ Index (PMI) slightly went down to 53.6 points from the 54.0...
By Aduragbemi Omiyale In February 2025, the Purchasing Managers’ Index (PMI) for the Nigerian private sector went up to 53.7 points from the 52.0 points recorded...
By Modupe Gbadeyanka The private sector in Nigeria sustained growth in January 2025, though lower than what was achieved in the preceding month. The Purchasing Managers’...
By Modupe Gbadeyanka For the first time in six months, the Nigerian private sector recorded an improvement in business conditions, with a 52.7-point reading in the...
Inflationary pressures intensified in September, adding to the challenges faced by Nigerian companies as the third quarter drew to a close. Although new orders increased for...
By Aduragbemi Omiyale Data released by Stanbic IBTC Bank in its Purchasing Managers’ Index (PMI) showed that the private sector recorded slowdowns in growth of output...
By Modupe Gbadeyanka Business conditions in Nigeria slowed to 51.0 in February 2024 from 54.5 in January 2024, as price pressures intensified in the private sector...
By Aduragbemi Omiyale The health of the private sector in Nigeria recorded a solid improvement in January 2024 despite rising inflation and foreign exchange (FX) supply...
By Modupe Gbadeyanka Strong inflationary pressures in November further negatively impacted companies in Nigeria, with new orders and output both falling as customers were either reluctant...
By Modupe Gbadeyanka In the month of July 2021, Nigeria’s private sector sustained its expansion by growing to 54.4 points from 53.6 points recorded in June...