Economy

Stable naira boosts Nigeria’s PMI to two-month high

…Nigerian economy to grow by 3.86% in Q1


Nigeria’s private sector returned to expansion in February, as improved exchange rate stability helped ease inflationary pressures to a six-year low and supported stronger business activity, according to the latest Purchasing Managers’ Index (PMI) survey.


The headline PMI rose to 53.2 in February from 49.7 in January, signalling a renewed improvement in business conditions and marking the highest in two months.

Related Articles

Back to top button