Nigeria’s private sector rebounds as PMI climbs to 53.2 pts in February

By Peter Egwuatu Nigeria’s private sector recorded a strong rebound in February, as renewed growth in customer demand lifted business activity and eased inflationary pressures, the latest Purchasing Managers’ Index (PMI) survey report by Stanbic IBTC Bank has shown. The headline PMI rose to 53.2 in February from 49.7 in January, returning above the 50.0 threshold […] The post Nigeria’s private sector rebounds as PMI climbs to 53.2 pts in February appeared first on Vanguard News.

By Urowayino Jeremiah