PMI

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

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...

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

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,...

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

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...

High Input Cost Weighs Down Nigeria’s PMI

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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Inside FG’s Ecological Intervention for Kano Farmers

Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.
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