September 21, 2025

Private sector

General

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

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General

Private Sector’s Role Key to Tackling Nigeria’s Housing Challenges – Expert

Prof. Osim Okemmuo, Founder of Atmosphere For Favour Landport Global Estates Ltd, has emphasized the critical role that private sector participation plays in the development of Nigeria’s housing sector. According to Okemmuo, the country’s mortgage system holds immense potential to address the persistent housing shortage, boost housing development, and drive economic growth—provided the system is

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