Central Bank of Nigeria has stopped publishing data that is used for predicting recession
Economists and analysts looking to assess the state of the Nigerian economy are struggling to rely on data to predict ...
Economists and analysts looking to assess the state of the Nigerian economy are struggling to rely on data to predict ...
The Central Bank of Nigeria (CBN) stated that the increase in Manufacturing Purchasing Managers’ Index (PMI) is reflective of the ...
The Manufacturing Purchasing Managers’ Index rose slightly, indicative of a gradual recovery of output growth. The Central Bank of Nigeria ...
The manufacturing PMI rose to 50.2 points in November from 49.4 points recorded in October and 46.9 in September 2020.
Manufacturing PMI has remained below 50 index points for the past six consecutive months.
The manufacturing sector contracted for the sixth consecutive month as 8 subsectors contracted out of 14.
The CBN disclosed in its September PMI report that the manufacturing sector contracted.
For the second consecutive month, the non-manufacturing PMI showed broad-based improvement.
According to the PMI data for the month of January, the momentum in the level of activities cooled in both ...
Nigeria’s manufacturing sector has continued to gain momentum as it rallied to build on the growth recorded in the third ...
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