The Central Bank of Nigeria (CBN) said the Manufacturing Purchasing Managers’ Index (PMI) stood at 61.1 index points as at December 2018, indicating an expansion in the manufacturing sector for 21 consecutive months. This is contained in the CBN’s monthly Purchasing Managers’ Index (PMI) Survey Report by the Statistics Department and posted on its Website. […]
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Despite reflecting slowed growth in both manufacturing and non-manufacturing segments, expert has hailed the January Purchasing Managers’ Index (PMI) Report, recently released by the Central Bank of Nigeria (CBN). According to Mr. Peter Moses of Cordross Capital, the January 2018 PMI figures show a good start to the year. He added: “We believe the composite […]
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Nigeria’s Central Bank, CBN, yesterday, released the Purchasing Managers Index (PMI) report for September, which indicated notable expansion in most sub-subsectors of the economy during the month, hence affirming the nation’s exit from recession. According to the report, 29 subsectors out of the 34 subsectors surveyed in the manufacturing and non-manufacturing sectors recorded growth in […]
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