Nigeria’s Business Confidence Holds Strong As PMI Stands At 52.0 In January 2025

Business confidence in Nigeria remains strong despite a slight slowdown in growth, as the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) records 52.0 in January 2025. Although lower than December’s 52.7, the index stays above the 50.0 benchmark, signaling continued expansion in the private sector. The latest data shows that business activity and new … Continue reading Nigeria’s Business Confidence Holds Strong As PMI Stands At 52.0 In January 2025