Business conditions show improvement in May as Nigeria’s PMI rises to 52.1- Report

Nigeria’s Stanbic Purchasing Managers’ Index (PMI) rose to 52.1 in May on the back of improvements in business conditions as growth in output and new orders rose above April levels.

The headline PMI for the month is the highest since January 2024 when the headline PMI reached 54.5.

Read more at Nairametrics