Nigeria’s business confidence strengthens as PMI hits 52.3 in March 2025 – CBN report

Nigeria’s private sector activity continued its upward trajectory in March 2025, with the Central Bank of Nigeria’s (CBN) Purchasing Managers’ Index (PMI) rising to 52.3 index points, up from 51.4 recorded in February 2025.

The latest PMI data highlights a third consecutive month of expansion in business activity and new orders, driven by improving customer demand and increased commitment to new projects across sectors.

Read more at Nairametrics

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