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Manufacturing PMI Rises To 49.4 In October As Unemployment Worsens

Nigeria’s Manufacturing PMI in the month of October stood at 49.4 index points, indicating slowing contraction in the manufacturing sector compared with the last five months, the Central Bank of Nigeria (CBN) has reported. Similarly, the apex bank’s October 2020 Purchasing Manager’s Index Survey reflected that the PMI for the non-manufacturing sector stood at 46.8 […]