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Amid Inflationary Pressures, Nigeria's Business Activities Expand, Hit 6-Month High

Amid Inflationary Pressures, Nigeria's Business Activities Expand, Hit 6-Month High
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Amid Inflationary Pressures, Nigeria's Business Activities Expand, Hit 6-month High

Business activity in Nigeria expanded for the first time in three months in December 2023 despite rising prices, a new Purchasing Managers’ Index (PMI) has

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Nigeria: Amid Inflationary Pressures, Nigeria's Business Activities Expand, Hit 6-Month High

Nigeria: Amid Inflationary Pressures, Nigeria's Business Activities Expand, Hit 6-Month High
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Private Sector Growth Increases Despite Inflation –PMI

Private Sector Growth Increases Despite Inflation –PMI
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Nigeria's manufacturing sector contracts again amid inflationary pressures

A reading above 50 indicates an improvement, while that below that threshold means acontraction; the country’s PMI for the month was 48, down from 49.1 the month before.

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