Manufacturing PMI in Nigeria increased to 57 points in December from 54.20 points in November of 2025. Manufacturing PMI in Nigeria averaged 50.64 points from 2014 until 2025, reaching an all time high of 61.10 points in December of 2018 and a record low of 38.40 points in February of 2023. source: Central Bank of Nigeria



Related Last Previous Unit Reference
Capacity Utilization 57.50 55.50 percent Jun 2025
Industrial Production 3.19 8.01 percent Sep 2025
Manufacturing Production 1.25 1.60 percent Sep 2025
Mining Production 7.02 20.86 percent Sep 2025


Nigeria Manufacturing PMI
The Composite Manufacturing PMI measures the performance of the manufacturing sector and is derived from a survey of purchasing and supply executives from 13 locations in Nigeria. The survey shows the change, if any, in the current month compared with the previous month. The PMI is presented as an average of variables with the following weights: production level (25 percent), new orders (30 percent), supplier deliveries (15 percent) and employment level and inventories (20 percent). A reading above 50 indicates an expansion; below 50 represents a contraction; while 50 indicates no change.