Purchasing Managers Index (PMI) by Stanbic IBTC Bank revealed that business activities performance closed at 52.7 points in May, its lowest level in four months.
The report said although the Nigerian private sector remained in growth territory midway through the second quarter of the year, there were signs of a slowdown in the latest survey period as inflationary pressures remained elevated.
Read more at LeadershipNG
The report said although the Nigerian private sector remained in growth territory midway through the second quarter of the year, there were signs of a slowdown in the latest survey period as inflationary pressures remained elevated.
Read more at LeadershipNG