Business Activity Rises First Time In 4 Months     Nigerian private sector returned to expansion in July, after three successive months of decline, following an uptick in new orders and easing of the coronavirus (COVID-19) induced lockdown. This is contained in the Stanbic IBTC Bank’s Purchasing Managers...

Manufacturing PMI, Employment Level Contract In June — CBN   The Central Bank of Nigeria (CBN) survey has shown that the Manufacturing and Non manufacturing Purchasing Managers Index (PMI), and employment level in the country dropped this month as firms expressed greater confidence in the macro...

Lower PMI Affirms Manufacturers’ Rising Inventory Concerns   Though production level continued to grow as well as new orders, rising inventory as indicated by the Manufacturers Association of Nigeria (MAN), may be responsible for the slower movement of the nation’s Purchasing Managers’ Index (PMI) last month. According...