Tag Archives: Purchasing Managers’ Index

Nigeria’s PMI rises to 54.7

Nigeria’s manufacturing activity measured by the Purchasing Managers’ Index (PMI) is relatively flat at 54.7 in February, from 54.6 reading in January. The latest report released on Thursday by FBNQuest shows all five sub-indices in positive territory. FBNQuest believes this stability would continue, although January through to March, are relatively slow months in terms of naira liquidity, resulting in subdued ...

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