PMI

Business

Nigeria’s PMI Slips Into Contraction After 16-Month Expansion Streak

Ogochukwu Onwaeze, THEWILL -
April 30, (THEWILL) — Nigeria’s economic momentum slowed in April 2026 as the Purchasing Managers’ Index (PMI) fell to 49.4, signalling the first contraction after 16 consecutive months of growth, according to the Central Bank of Nigeria (CBN). The...
Business

Nigeria’s Economic Activity Surges In December As PMI Hits 57.6 Points

Felix Ifijeh, THEWILL -
December 30, (THEWILL) — Nigeria’s domestic economic activity gained strong momentum in December 2025, with the Composite Purchasing Managers’ Index (PMI) climbing to 57.6 points. The reading, released by the Central Bank of Nigeria (CBN) on Tuesday, December 30, 2025,...
Business

Services, Agriculture Drive Nigeria’s PMI To 54.0 In September

THEWILL. -
October 09, (THEWILL) — Nigeria’s private sector continued its steady recovery in September 2025, as the Stanbic IBTC Purchasing Managers’ Index (PMI) rose to 54.0, up from 53.7 in August, marking the 10th consecutive month of expansion. The sustained...
Business

High Input Cost Weighs Down Nigeria’s PMI

THEWILL. -
The latest report from Stanbic IBTC on Nigeria's Purchasing Managers' Index (PMI) reveals a PMI reading of 51.7 for July, marking a slight dip of 1.5 index points from June's figure of 53.2. While this reading still indicates continued...
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Latest News

NewsFelix Ifijeh, THEWILL -

We Fought For Your Freedom — Obasanjo Accuses South Africa Of Betraying Africa

Former President Olusegun Obasanjo has accused South Africa of betraying the spirit of African solidarity for which Nigeria fought during the country’s struggle against apartheid.
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