Economic activities in Nigeria have expanded for the second consecutive month, signaling resilience in the broader economy. According to the Central Bank of Nigeria, this positive momentum was sustained despite facing headwinds in key sectors.

The expansion persisted even as the industrial sector experienced a contraction during the review period. This divergence highlights the varying performance levels across different segments of the domestic economy.

In tandem with the economic expansion, the Nigerian stock market extended its positive run. Investors have continued to position themselves strategically ahead of the corporate earnings season, driving increased market activity.