The Central Bank of Nigeria's Purchasing Managers Index (PMI) report for September 2026 shows that the composite PMI rose to 53.0 points from 52.7 points in August. This increase marks the fourth consecutive month of expansion in overall economic activity, indicating sustained recovery momentum. The improvement was driven by a sharp rebound in industrial activity and resilience in key economic sectors. The PMI is a monthly indicator that measures the health of the manufacturing and services sectors.
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