Business woes deepen in H2 as PMI drops to eight-month low

• Five banks accounted for 80.8% industry PAT in 2023 Business confidence in Nigeria at the start of the second half of the year is at an all-time low, judging by July’s Purchasing Manager’s Index (PMI), which shows a steep deterioration from the preceding month of June. According to Stanbic IBTC’s readings, headline [...]The post Business woes deepen in H2 as PMI drops to eight-month low appeared first on The Guardian Nigeria News - Nigeria and World News.

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