CBN: Nigeria’s industry sector contracts in August as services, agriculture sustain growth
By Obinna Uballa Industrial activity in Nigeria contracted in August 2025, recording 49.1 index points in the Central Bank of Nigeria’s (CBN) latest Purchasing Managers’ Index (PMI) report made available to the press on Thursday. The CBN said the downturn followed contractions in 10 out of 17 subsectors surveyed. The decline was reflected across key…
September 11, 2025 • News
