Manufacturing PMI in the month of July stood at 44.9 index points.
This is the first clear data-driven sign that Nigeria is in a recession.
COVID-19 has had a major effect on the global economy, which is now stuck between uncertainty and a self-induced fall in demand
Nigeria’s manufacturing sector has continued to gain momentum as it rallied to build on the growth recorded in the third quarter of 2019.
The Central Bank of Nigeria’s manufacturing purchasing managing index has witnessed an increase from 58.0 as at September to 58.2 points in October. The apex bank in the...
The Central Bank of Nigeria [@cenbank] has released the latest Purchasing Managers’ Index (PMI) for July 2019 and it shows that Nigeria’s manufacturing sector keeps expanding...
The latest Purchasing Managers’ Index (PMI) released by the Central Bank of Nigeria (CBN) shows that Nigeria's manufacturing sector slowed down in June 2019.
Nigeria's manufacturing Purchasing Managers’ Index (PMI) grew faster for the 26th consecutive months, indicating further expansion in the manufacturing sector.
The latest manufacturing Purchasing Managers’ Index (PMI) shows that Nigeria’s manufacturing sector expanded for the 25th consecutive months. This is revealed in the PMI Survey Report...
However, the business activity index grew at a slower rate 57.8 points for the twenty-fourth consecutive, indicating contraction in non-manufacturing sector.