Nigeria’s economy expanded for the fourteenth consecutive month in January 2026 as the Composite Purchasing Managers’ Index (PMI) stood at 55.7 points, according to the Central Bank of Nigeria (CBN).
Nigeria Sees 11th Consecutive Month of Economic Growth
Nigeria’s economy expanded for the eleventh consecutive month as Central Bank of Nigeria (CBN) Purchasing Managers’ Index rises to 55.4 index points in October 2025 from 54 index points recorded in the previous month.
According to the CBN...
Nigeria’s economy maintained upward momentum in September 2025, as the Purchasing Managers’ Index (PMI) rose to 54.0 points from 51.7 points in August, marking the tenth consecutive month of expansion.
Private Sector Recorded Growth In April – Report
The Purchasing Managers’ Index report conducted by Stanbic IBTC Bank for the month of April showed that the private sector recorded growth.
According to the report, which was released on Thursday, April figure showed a PMI of 52.9.
It...
Manufacturing Sector Declines Further By 4.7 points — CBN
The nation’s manufacturing sector has recorded further decline as the sustained Central Bank of Nigeria, CBN, latest sector report shows the Manufacturing Purchasing Managers Index (PMI) for January 2021 at 44.9 index points, a 4.7 points...
