Nigeria’s economy extended its growth streak for the twelfth consecutive month in November 2025, with agriculture emerging as the strongest driver of expansion, according to the latest Purchasing Managers’ Index report published by the Central Bank of Nigeria.
The headline number captured broad improvements across all sectors, showing that the economy continued to gain momentum as businesses increased production, expanded operations, and responded to rising demand conditions.
The composite Purchasing Managers’ Index rose to 56.4 index points in November 2025, up from 55.4 in October, signalling a stronger and broad-based expansion in aggregate economic activity. This sustained improvement marks 12 uninterrupted months of growth and reflects rising confidence among businesses across the country.