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PURCHASING MANAGERS’ INDEX
Nigeria’s private sector recorded its strongest expansion in over a year and a half, as the Stanbic IBTC Bank Purchasing Managers’ Index (PMI) rose to 54.2 in August, up from 54.0 in July, marking a 19-month high in new order growth and a four-month high in output.
Nigeria’s private sector witnessed its strongest employment growth since October 2023 as the Purchasing Managers’ Index (PMI) rose to 54.0 in July 2025, its highest in three months.
The latest Purchasing Managers' Index (PMI) report from Stanbic IBTC Bank has noted that, alongside structural reforms and...
Nigerian businesses are maintaining strong confidence in the economy, despite a slight moderation in growth, as the Stanbic IBTC Bank Nigeria Purchasing Managers' Index (PMI®) settled at 52.0 in January.
Nigeria’s Purchasing Managers’ Index (PMI) for December 2024 rose to 51.0 index points, signaling a return to expansion in economic activities after two consecutive months of contraction.
Economic activities in Nigeria have shown a positive turn for the first time in over a year, according to the latest report from the Central Bank of Nigeria (CBN).
The Central Bank of Nigeria's (CBN) latest Purchasing Managers' Index (PMI) report for July 2024 reveals that the Composite Employment Index continued its downward trend for the seventh consecutive month, reflecting ongoing challenges in the labour market.
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.
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 Central Bank of Nigeria (CBN) stated that the increase in Manufacturing Purchasing Managers’ Index (PMI) is reflective...
The Manufacturing Purchasing Managers’ Index rose slightly, indicative of a gradual recovery of output growth. The Central Bank...
The manufacturing PMI rose to 50.2 points in November from 49.4 points recorded in October and 46.9 in September 2020.