CNBC Africa

FBNQuest: Nigeria PMI rose to 53.0 in February 2021


The month of February showed a strong improvement in medium sized and small companies, according to FBNQuest's Manufacturing Purchasing Managers’ Index for Nigeria. The reading improved from 44.5 index points in January to 53 index points in February. Chinwe Egwim, an Economist at FBNQuest Merchant Bank joins CNBC Africa for more.

PUBLISHED: Tue, 02 Mar 2021 14:40:58 GMT