Nigeria’s private sector ended 2025 firmly in growth territory as the festive season demand boost business activity to a 13-month high, according to the latest Stanbic IBTC Purchasing Managers’ Index (PMI).
The headline PMI stood at 53.5 in December, marginally lower than the 53.6 recorded in November but firmly above the 50.0 threshold that separates expansion from contraction.
The survey disclosed that the reading signalled a monthly improvement in business conditions and marked the thirteenth consecutive month of growth, broadly in line with the average performance recorded throughout 2025.