'Nigeria’s PMI Hits 18-month High In July'     Nigeria’s Purchasing Managers Index rose to 55.4 in July from 53.6 in June, according to a report by Stanbic IBTC Bank. The company said this signalled a marked improvement in business conditions, describing it as one of the strongest...

Manufacturing Sector Rose Slightly In April     The manufacturing sector recorded marginal growth as the Purchasing Managers’ Index rose to 49.0 index points in April from 48.8 index points in March. The Central Bank of Nigeria disclosed this in a report by the Monetary Policy Committee. It said,...

PMI Report Indicates Contraction In 70% Of Economic Subsectors         Central Bank of Nigeria (CBN) said that 70 percent of the sub-sectors surveyed for its monthly Purchasing Managers Index (PMI) experienced contraction in December. The report showed that out of 31 sub-sectors surveyed, 22 recorded contraction while...

Air Cargo Traffic Records Slow Growth, Rebound         The International Air Transport Association (IATA) has released October data for global air freight markets showing that air cargo demand continues to improve but at a slower pace than the previous month and remains below previous year levels. Global...