How trade, manufacturing sector fared in February

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Business activities in Nigeria saw a sustained improvement in February as the economic reforms bear fruit.


According to the latest NESG-Stanbic IBTC Business Confidence Monitor (BCM), the Current Business Performance Index rose to +11.50, up from +5.69 in January, signaling continued growth despite persistent economic challenges.


It said the trade sector led the gains with a robust increase of +21.48, followed by manufacturing (+10.35), non-manufacturing (+10.21), services (+7.15), and agriculture (+2.69).

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