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Report: Agriculture, Non-manufacturing Sectors Sustain Busi…
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Report: Agriculture, Non-manufacturing Sectors Sustain Business Expansion as Manufacturing Contracts
Nigeria's business environment continues to expand for the fourth month, driven by strong performance in agriculture and non-manufacturing sectors. However, the manufacturing sector is experiencing a contraction.
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The Briefing Africa
May 11, 2026 · 23:00 · 5 min read
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Nigeria's business environment continues to expand for the fourth month, driven by strong performance in agriculture and non-manufacturing sectors. However, the manufacturing sector is experiencing a contraction.
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The Current Business Performance Index (CBPI) reflects the resilience of Nigeria's agriculture and non-manufacturing sectors, indicating a shift in economic drivers as manufacturing faces challenges. This trend suggests potential opportunities for investment in the growing sectors.