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Nigeria: Economic Activities Expand Second Straight Month Despite Industry Contraction - - CBN

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Nigeria: Economic Activities Expand Second Straight Month Despite Industry Contraction - - CBN
AllAfrica
AllAfrica27 mins ago
Nigeria: Economic Activities Expand Second Straight Month Despite Industry Contraction - - CBN
[Vanguard] Economic activity in Nigeria expanded for the second consecutive month in July 2026 as the Central Bank of Nigeria (CBN) Purchasing Managers' Index (PMI) rose to 51.1 points, although the industrial sector remained in contraction.
Vanguard
Vanguard🏁 first to report3 hrs ago
Economic activities expand second straight month despite industry contraction — CBN
By Elizabeth Adegbesan Economic activity in Nigeria expanded for the second consecutive month in July 2026 as the Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI) rose to 51.1 points, although the industrial sector remained in contraction. The CBN disclosed this in its latest PMI report, stating that the
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