Economic activities expand second straight month despite industry contraction — CBN

By Elizabeth Adegbesan Economic activity in Nigeria expanded for the second consecutive month in July 2026 as the Central Bank of Nigeria (CBN) Purchasing Managers’ Index (PMI) rose to 51.1 points, although the industrial sector remained in contraction. The CBN disclosed this ...

The Briefing Africa

August 10, 2026 · 07:07 · 5 min read

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Economic activities expand second straight month despite industry contraction — CBN

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Economic activities expand second straight month despite industry contraction — CBN