Stanbic IBTC Bank Nigeria PMI-Business activity continues to rise, but higher fuel costs limit growth

Key findings The Nigerian private sector remained in growth territory at the start of the second quarter of the year as customer numbers and market demand continued to strengthen. That said, the impacts of higher fuel costs as a result of the war in the Middle East were felt again, pushing up prices and reportedly … Continue reading Stanbic IBTC Bank Nigeria PMI-Business activity continues to rise, but higher fuel costs limit growth