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MUYIWA ONI
Nigeria’s private sector sustained its growth momentum into the second quarter of 2025, as strong customer demand underpinned another solid expansion in business activity, according to the latest Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI®) report.
The Nigerian economy has been projected to grow by 3.5% year-on-year (Y/Y) in 2025, an improvement from an estimated 3.2% year-on-year in 2024.
Nigerian banks did well to keep costs low in 2019, according to information gleaned from some of their financial statements that have been released.