Private Sector Growth Slips As PMI Contracts To 49.4

Nigeria’s private sector activity slipped marginally into contraction in April 2026, as the composite Purchasing Managers’ Index (PMI) settling at 49.4 points, falling below the 50-point threshold for the first time in 16 months. This is as the effects of the ongoing war in the middle east which has weighed on global supply chains and […]

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