Nigeria’s Private Sector Growth Reaches 19-Month Peak as Demand Rises, Inflation Eases
Abuja, September 2, 2025 – Nigeria’s private sector has recorded its strongest performance in nearly two years, driven by robust demand and a slight easing of inflationary pressures. According to the latest Stanbic IBTC Bank Purchasing Managers’ Index (PMI), business activity climbed to 54.2 points in August, up from 54.0 in July, marking the highest