Nigeria's Economic Activity Expansion Halts in April as PMI Dips

Economic activity in Nigeria halted its expansion in April, as the Purchasing Managers' Index (PMI) dropped to 49.4 points. This figure, below the 50-point threshold, signifies a contraction in the economy for the month.

30 Apr, 12:39 — 30 Apr, 12:39

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vanguard-ngMixed123d ago

Economic activity expansion halts in April as PMI dips to 49.4 points

Economic activity in Nigeria slowed in April 2026, as the Purchasing Managers’ Index (PMI) fell to 49.4 points, dropping below the 50-point threshold that separates expansion from contraction. The post Economic activity expansion halts in April as PMI dips to 49.4 points appeared first on Vanguard News.

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Nigeria's Economic Activity Expansion Halts in April as PMI Dips

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Economic activity expansion halts in April as PMI dips to 49.4 points

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