Stanbic IBTC Bank Nigeria PMI®: New orders continue to rise sharply in June

Stanbic IBTC Bank Nigeria PMI®: New orders continue to rise sharply in June Improving demand conditions helped to support further increases in output and new orders in Nigeria's private sector at the midway point of the year. Rising workloads and the prospect of further growth in the months ahead meant that firms took on additional staff and raised both purchasing activity and inventory holdings. Input costs and output prices increased sharply again, albeit to lesser extents than immediately following the outbreak of war in the Middle E…