Economy improved on increased business activities in December – CBN - Punch Newspapers

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Economic recovery improved in December due to increased business activities, according to the Central Bank of Nigeria.

PMI readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration. It said, “Staff projections showed that the economy is expected to remain on a path of positive growth, given the impressive performance in the third quarter of 2021 and continuing rebound in economic activities.

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