Nigeria’s economy contracted for the thirteenth consecutive month in July, according to the Central Bank of Nigeria’s (CBN) composite purchasing manager index (PMI), which stood at 49.7 points. However, the indicator has improved from 48.8 points the previous month, according to the apex bank’s PMI report. According to the PMI, output levels, supplier delivery times, … Continue reading Nigeria’s Economic Activities Drops For 13 Months Straight –CBN’s PMI