Nigeria’s economy continued its growth streak in November, marking 12 straight months of expansion, according to the latest Purchasing Managers’ Index (PMI) from the Central Bank of Nigeria (CBN).

The composite PMI rose to 56.4, with all major sectors agriculture, services, and industry showing growth. Agriculture led at 58.2, followed by services (56.8) and manufacturing (54.2). Out of 36 subsectors, 29 reported expansion.

The data reflects rising business confidence as firms increase production and hiring. Analysts note that while macroeconomic challenges remain, the broad-based growth suggests a resilient and diversifying economy. Visit www.jocomms.com for more news.