Stanbic IBTC Bank Nigeria PMI—Business Activity Continues To Rise, Growth Eases To Four-Month Low

Although the Nigerian private sector remained in growth territory midway through the second quarter of the year, there were signs of a slowdown in the latest survey period as inflationary pressures remained elevated. Rates of expansion in output and new orders eased in May, while employment dipped for the first time in six months. The … Continue reading Stanbic IBTC Bank Nigeria PMI—Business Activity Continues To Rise, Growth Eases To Four-Month Low