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.



