Confidence in the business environment in Nigeria is on the rise, as reflected in increased output for the second consecutive month, the latest Purchasing Managers’ Index from Stanbic IBTC Bank Nigeria on Monday has indicated.
The headline PMI posted 52.0 in January, down from 52.7 in December but still above the 50.0 no-change mark and therefore signalling a second successive monthly improvement in the health of the Nigerian private sector….
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