Search

Nigeria’s Private Sector Expands for Fourth Straight Month

Credit: Unsplash
  • March PMI rises to 54.3 as inflation pressures ease
  • Firms increase output, hiring and inventories

Lagos, Nigeria – Private sector activity in Nigeria picked up pace for the fourth consecutive month in March, supported by stabilising inflation and a steadier exchange rate, according to the latest Purchasing Managers’ Index (PMI) from Stanbic IBTC Bank.

You need an active subscription to continue reading this article.

Recent Business

Oil drilling rig Photo Marian Lupan @ Unsplash
Gabon courts global investors to revive oil and gas sector
Read More »
Handweaving cotton textiles by Wawoto Kacel. Photo Chris Lutanga & ITC @ Unsplash
Can Africa survive without AGOA as US pulls back?
Read More »
A dusty road in a neighbourhood of Yaounde, Cameroon. Photo by Ariel Nathan Ada @ Unsplash
AfDB, Cameroon sign $160mn loan deal to transform conflict-hit north
Read More »

Recent Politics

storyzangu-hub-r5Cys_qCFrU-unsplash
Kenya’s Gen Z protests spark wave of youth uprisings in Africa
Read More »
Gold mine. Photo by István Mihály @ Pixabay
Barrick CEO Bristow exits after $1bn Mali mine dispute
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Malawi’s Mutharika victory fuels Kenya’s one-term Ruto campaign
Read More »

Latest Posts

Latest news insights