Nigeria, Oct. 14 -- As the most recent Central Bank of Nigeria (CBN) Purchasing Managers' Index (PMI) increased, Nigeria's economy experienced a greater spike in productive activities in September 2025, to 54.0 points from 51.7 in August.
Marking the tenth straight month of growth, the improvement indicates rising confidence in important industries, including services, agriculture, and manufacturing.
Twenty-eight of the thirty-six subsectors examined recorded growth, according to the CBN's September PMI report, which shows widespread growth throughout the economy.
The apex bank credited the improvement to higher employment, faster supplier delivery times, and better output levels, implying a more efficient business environment despi...
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