Nigeria's PMI Climbs to 54.0 in September 2025, Business Activity Expands Continuously

Nigeria's Purchasing Managers Index (PMI) rose to 54.0 in September 2025, marking the 10th consecutive month of business activity expansion across key sectors. The Central Bank of Nigeria reported growth in Industry, Services, and Agriculture sectors, reflecting economic resilience in the third quarter.

The Composite PMI growth indicates overall economic improvement, with increased production, demand, and supply chain efficiency. Out of 36 subsectors surveyed, 28 showed expansion, while 8 experienced mild contraction.

Notably, the Forestry sector performed strongly, while Nonmetallic Mineral Products saw a decline. The consistent rise in PMI signifies sustained economic progress and efficiency in business operations.