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Tag Archives: Purchasing Manufacturing Index

Private Sector Records 2.9 % Growth in April

Private Sector Records 2.9 % Growth in April

Nigerian private sector expanded by 2.9 percent in April, 2021 underpinned by further growth in output and new orders, according to Purchasing Manufacturing Index, PMI released by Stanbic IBTC Bank Plc. The PMI shows that firms increased their workforce and inventory holdings in anticipation of greater demand, while vendor performance …

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