business
CBN: Nigeria’s economic activity expands for third month as composite PMI rises to 52.7
Summary by The Lagos Editorial Desk Olalekan Adigun , as published by Nairametrics
· September 3, 2026
· 1 min read
Photo: Nairametrics · view original
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Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Olalekan Adigun, as published by Nairametrics Original story Read at the source Source published Sep 3, 2026 Indexed here Sep 3, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The Composite Purchasing Managers' Index rose to 52. The increase in the Composite PMI indicates a growth in economic activity, with the index rising for the third month in a row.
Economic activity has expanded for the third consecutive month, according to recent data. The Composite Purchasing Managers' Index rose to 52.7 points in August 2026, up from 51.1 points in July. This marks a continued increase in overall economic activity.
Further details on this expansion are available from the source. The increase in the Composite PMI indicates a growth in economic activity, with the index rising for the third month in a row.
More information on the economic expansion and the Composite PMI can be found in the original report, which provides additional context and data on the recent economic trends.
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Nairametrics reported and published this story. The Lagos selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by Nairametrics . The Lagos selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Nairametrics . Have a tip or correction? Contact the editor .
Category: business Published: September 3, 2026 Source: Nairametrics Reading time: 1 min
Frequently asked about this story
What is this story about? Economic activity has expanded for the third consecutive month, according to recent data. The Composite Purchasing Managers' Index rose to 52.7 points in August 2026, up from 51.1 points in July…
When was this published? This article was first published on September 3, 2026 by Nairametrics and curated for The Lagos readers.
Who reported this story? This story was reported by Olalekan Adigun at Nairametrics. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Lagos, or browse our daily briefing and topic hubs .
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