Nigerian businesses report worsening conditions in October as inflationary pressures bite – Report
Nigerian businesses in October reported worsening conditions in October as cost pressures triggered by rapid inflation resulted in the sharpest ...
Tag: PMI
Nigeria’s industrial sector contracts for the ninth consecutive month in September- CBN report
Activities in Nigeria’s industrial sector contracted again in September- marking the ninth consecutive decline in 2024 with PMI at 49.7. ...
Nigeria’s PMI rises marginally in August as businesses contend with renewed inflationary pressures- Report
Nigeria’s Purchasing Managers’ Index (PMI) saw a marginal uptick in August rising from 49.2 to 49.9 on the back signalling ...
Nigeria’s Purchasing Managers’ Index contracts for the 13th consecutive month – CBN
The Central Bank of Nigeria's (CBN) Purchasing Managers' Index (PMI) report for July indicates a continued contraction in economic activities, ...
Business activities gain momentum as Nigeria’s PMI rises to 54.5 in January
Business activities gained momentum in January as the Stanbic IBTC Purchasing Managers’ Index rose to 54.4 from 52.7, driven by ...
Nigeria’s PMI drops to 49.1 in October as businesses signal deteriorating business conditions
According to the report, the headline PMI for October 2023 dropped to 49.1 from the 51.1 recorded in the previous ...
Purchasing Managers’ Index (PMI) up modestly in September amidst cost pressures
The Purchasing Managers' Index (PMI) is an economic indicator that gives insights into the economic health of Nigeria's manufacturing and ...
Cash shortages lead to sharp decline in business activity
February PMI data indicated that cash shortages across the Nigerian economy had a severe impact on the private sector midway ...
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 ...
Global economy needs 25 million new project professionals by 2030 – Report
The global economy needs 25 million new project professionals by 2030, a report by Project Management Institute (PMI) has said.
