Stanbic IBTC Bank Nigeria PMI rises for sixth straight month as July business activity remains in expansion

By Boluwatife Oshadiya | August 4, 2026 Key Points Main Story Nigeria’s private sector remained on a growth path in July, with the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) recording 52.5, marking the sixth consecutive month of improving business conditions despite a moderation from 53.4 recorded in June. The latest PMI survey showed … Continue reading Stanbic IBTC Bank Nigeria PMI rises for sixth straight month as July business activity remains in expansion