Stanbic IBTC Bank Nigeria has reported that Nigeria’s private sector activity slipped into contraction territory at the start of 2026 with the country recording its first-ever...
Nigeria’s economic momentum improved further in November with new data from the Central Bank of Nigeria (CBN) indicating another month of expansion across key sectors. The...
Business confidence in Nigeria rose to its highest level in 14 months in March, according to data from Stanbic IBTC’s Purchasing Managers’ Index (PMI) released on...
Nigeria’s economic activity rose in December as the Purchasing Managers’ Index (PMI) expanded to 51.0 index, according to the Central Bank of Nigeria’s (CBN) report. The...
Nigerian businesses continued to face headwinds as the Purchasing Managers Index published by Stanbic IBTC shows a 19-month low. According to the report released on Friday,...
Business activity in Nigeria reached its lowest point in seven months this June, according to the latest Purchasing Managers’ Index (PMI) report from Stanbic IBTC Bank....
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...