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      Men’s U-19 cricket team preps for world cup qualifiers

      Men’s U-19 cricket team preps for world cup qualifiers

      Record breaker Tebogo was advised against the 400m race

      Tebogo’s expected move to the US sparks mixed reactions

      GU clinches P3m Sponsorship Deal with Bank Gaborone

      GU clinches P3m Sponsorship Deal with Bank Gaborone

      Less Rewards for The Mares after Historic WAFCON Feat

      Less Rewards for The Mares after Historic WAFCON Feat

      Sponsorship offers pour in for Botswana’s World Athletics U-20 Heroes

      BAA targets Four Medals at World Athletics U20 Champs

      Orange Phikwe Marathon attracts Int’l Runners

      Orange Phikwe Marathon attracts Int’l Runners

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      Nigeria: Strong output levels support July operating conditions

      mm by RMB Africa Research
      August 2, 2022
      in News
      Reading Time: 1 min read
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      Nigeria: Strong output levels support July operating conditions

      Source: Premium Times Nigeria

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      Operating conditions within Nigeria’s private sector improved in July. Nigeria’s headline PMI reading came in at 53.2 in July compared to 50.9 in June.

      The improvement was due to the strong output levels, which have been driven by improved demand. However, it wasn’t all rosy. Due to persistently high input costs, businesses were forced to pass on a large part of the burden by raising their selling prices at the fastest rate in four months. Input costs have been soaring amid elevated international commodity prices and ongoing supply chain issues. While risks to the outlook have intensified as global growth concerns remain elevated, firms remain optimistic about output growth in the year ahead amid hopes of acquiring greater investment and expanding business operations.

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