Services PMI in Nigeria decreased to 54.50 points in January from 56.40 points in December of 2025. Services PMI in Nigeria averaged 50.65 points from 2014 until 2026, reaching an all time high of 62.30 points in December of 2018 and a record low of 25.30 points in May of 2020. source: Central Bank of Nigeria
Services PMI in Nigeria is expected to be 49.70 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
The Composite Non-Manufacturing PMI measures the performance of the non 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 and is presented as an average of: production level (25 percent of weight), new orders (30 percent), supplier deliveries (15 percent) and employment level and inventories (20 percent). A reading above 50 indicates an expansion of the private sector activity compared to the previous month; below 50 represents a contraction; while 50 indicates no change.