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.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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