CBN: Economy Contracts For 13th Straight Month In July

Economic activities in the country contracted for a 13th consecutive month in July 2024, the Central Bank of Nigeria’s (CBN) latest Purchasing Managers’ Index (PMI) survey report shows. According to the business survey report, which was released by the apex bank on Wednesday, the composite PMI stood at 49.7 points in July 2024, indicating contraction...The post CBN: Economy Contracts For 13th Straight Month In July first appeared on New Telegraph.The post CBN: Economy Contracts For 13th Straight Month In July appeared first on New Telegraph.

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