Economic Activity Expands 55.7 Index Points In January

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economic activity expands 557 index points in january

Economic activities in Nigeria expanded for the 14th consecutive month in January 2026, to 55.7 index points.

According to the Central Bank of Nigeria, CBN, Purchasing Managers Index, PMI, Report for January 2026 released yesterday, the Industry, service and agriculture sectors recorded growth at 56, 54.5 and 54.2 index points respectively during the period. The report stated: The composite PMI for January 2026 stood at 55.7 points, signaling expansion in aggregate economic activity for the fourteenth consecutive month.

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