

PMI hits 3-month high in October — Stanbic IBTC report
By Peter Egwuatu The October 2021 economic data has indicated some improvements in business conditions in Nigeria’s private sector with output, new orders and buying activity rising. A report by Stanbic IBTC Bank Plc released noted that the headline Purchasing Managers’ Index, PMI, improved to 54.1 in October from 52.3 in September, indicating a sixteenth […]