A report from the Central Bank of Nigeria (CBN) has indicated that Nigeria’s economic activities expanded for the second consecutive month.
The composite Purchasing Managers’ Index (PMI) for January 2025, at 50.2 index points, signaled an expansion in economic activities for the second straight month.
Three sectors—industry, services, and agriculture—stood out in the report. The Industry Sector improved from a stationary position in December 2024 to an expansionary level in January 2025.
Read more at Nairametrics
The composite Purchasing Managers’ Index (PMI) for January 2025, at 50.2 index points, signaled an expansion in economic activities for the second straight month.
Three sectors—industry, services, and agriculture—stood out in the report. The Industry Sector improved from a stationary position in December 2024 to an expansionary level in January 2025.
Read more at Nairametrics