Nigeria's Job Creation Slows Despite Rising Demand - P Global Report Reveals

Despite increased customer demand, job creation in Nigeria has slowed according to a report by P Global. Output rose in most sectors except manufacturing, with a notable increase in new orders.

The Purchasing Managers' Index (PMI) remained at 50%, indicating a stagnant business activity level. While business confidence slightly weakened, firms are optimistic about future output growth.

The report highlighted a sharper expansion in output and new orders, but job creation softened. This data provides insights into market conditions and the overall economic performance in Nigeria.