Manufacturers’ confidence maintains upward momentum as policy pushes PMI to 55.3

Manufacturers’ confidence maintains upward momentum as policy pushes PMI to 55.3

The confidence of Nigerian manufacturers has continued on the upward trajectory as the Purchasing Managers Index (PMI) in September rose to 55.3 points, as against 53.6 index points in August, indicating expansion in the manufacturing sector for the sixth consecutive month, according to the Central Bank of Nigeria (CBN). According to the PMI report released…

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