- Stanbic IBTC PMI rises to 53.7 in February, marking the strongest expansion since January 2024
- Exchange rate stability and easing inflationary pressures drive improved business conditions
Nigeria’s private sector expanded at its fastest pace in over a year in February as output, purchasing activity, and new orders accelerated, according to the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) released on Monday.
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