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Nigeria’s Economy on the Rise: CBN Report Shows PMI Hits 51.7 in August 2025

The Central Bank of Nigeria has announced positive momentum for the nation’s economy in its newly published August 2025 Purchasing Managers’ Index (PMI) Report.

According to the data, Nigeria’s domestic economy strengthened significantly, with the Composite PMI climbing to 51.7 points a clear signal of expansion and increased business activity across key sectors.

This development reflects growing confidence in the economy and highlights the resilience of Nigerian enterprises amid ongoing reforms and global market shifts.