Tags: Nigeria PMI

Stanbic IBTC Bank Nigeria PMI: Output Growth Slows But Business Confidence Rises Sharply

The Nigerian private sector remained in growth territory as the first half of 2025 drew to a close, and business confidence improved markedly in June. That said, rates of expansion in output, new orders and purchasing eased from May. Although rates of inflation remained relatively sharp, there were further signs of cost pressures softening and…

Stanbic IBTC Bank Nigeria PMI: Output returns to growth but inflationary pressures remain elevated

The Nigerian private sector returned to growth in December, with renewed increases in both output and new orders recorded amid some signs of recovery in demand. This was despite continued intense inflationary pressure, with purchase costs and selling prices each rising at sharper rates than in November. Meanwhile, business confidence dropped to the joint-lowest in…