At the end of its two-day meeting in Abuja on Tuesday, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retained the Monetary Policy Rate at 11.5 percent and also left other monetary policy parameters unchanged as part of its efforts to sustain the nation’s economic recovery in the months ahead. Briefing […]
Tag: Manufacturing Purchasing Managers’ Index (PMI)
Manufacturing Purchasing Managers’ Index Up 57% In June
The nation’s Manufacturing Purchasing Managers’ Index (PMI) rose to 57.0 in June, improving from 56.5 index points in the preceding month, indicating monetary and other measures’ positively impact on the real sector of the economy According to the latest PMI report by the Central Bank of Nigeria (CBN), the index grew at a faster rate […]