Tag
PMI
Input cost inflation in Nigeria slowed to its weakest pace in 10 months in March 2025, as businesses...
Nigerian businesses in October reported worsening conditions in October as cost pressures triggered by rapid inflation resulted in the sharpest downturn in business activities in the month.
Activities in Nigeria’s industrial sector contracted again in September- marking the ninth consecutive decline in 2024 with PMI...
Nigeria’s Purchasing Managers’ Index (PMI) saw a marginal uptick in August rising from 49.2 to 49.9 on the back signalling a slight improvement in business conditions but renewed inflationary pressures continue to hinder growth of businesses.
The Central Bank of Nigeria's (CBN) Purchasing Managers' Index (PMI) report for July indicates a continued contraction in economic activities, marking the 13th consecutive month of decline since June 2023.
Business activities gained momentum in January as the Stanbic IBTC Purchasing Managers’ Index rose to 54.4 from 52.7, driven by new orders and rates of output.
According to the report, the headline PMI for October 2023 dropped to 49.1 from the 51.1 recorded in the previous month of September.
The Purchasing Managers' Index (PMI) is an economic indicator that gives insights into the economic health of Nigeria's...
February PMI data indicated that cash shortages across the Nigerian economy had a severe impact on the private sector midway through the first quarter of the year. Substantial declines were seen in both output and new orders, while firms scaled back their purchasing activity and employment.
Economists and analysts looking to assess the state of the Nigerian economy are struggling to rely on data to predict the country’s economic growth.
The global economy needs 25 million new project professionals by 2030, a report by Project Management Institute (PMI) has said.
The Central Bank of Nigeria (CBN) stated that the increase in Manufacturing Purchasing Managers’ Index (PMI) is reflective...