Nigeria’s private sector recorded a historic decline in January 2026, as the Stanbic IBTC Purchasing Managers’ Index (PMI) fell to 49.7 from 53.5 in December. This marks the first time since the survey began in January 2014 that the headline index for the first month of the year has dipped below the 50.0 no-change threshold, … Continue reading Nigeria’s Private Sector Activity Slips Into Contraction For First Time Since 2014