Nigeria’s business confidence rises as PMI hits 52.0 in January 2025

Nigerian businesses are maintaining strong confidence in the economy, despite a slight moderation in growth, as the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) settled at 52.0 in January.

While lower than December’s 52.7, the index remained above the crucial 50.0 mark, signaling continued expansion in the private sector.

Read more at Nairametrics

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