Nigeria’s October PMI Signals Continued Business Expansion

The Central Bank of Nigeria’s October 2026 Purchasing Managers’ Index, published during the week, recorded a composite reading of 53.2 points, indicating continued expansion in economic activity. Industry recorded 52.6, services 52.7 and agriculture 54.7. These are survey indicators rather than financial prices or contract values. The data may help investors and businesses assess demand, sector performance and expansion plans. HPC can support market research, feasibility studies and business intelligence services.

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