Tag: Stanbic IBTC Bank Nigeria PMI®: Private sector activity continues to expand but intense cost pressures weigh on growth

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Stanbic IBTC Bank Nigeria PMI®: Private sector activity continues to expand but intense cost pressures weigh on growth

Leave a comment and share Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated for the second month running. Nevertheless, optimism improved to a seven-month high. Material […]