Default Nginx PHP-FPM Configuration

server {
listen 80;
server_name localhost;

# note that these lines are originally from the "location /" block
root /usr/share/nginx/html;
index index.php index.html index.htm;

location / {
try_files $uri $uri/ =404;
}
error_page 404 /404.html;
error_page 500 502 503 504 /50x.html;
location = /50x.html {
root /usr/share/nginx/html;
}

location ~ \.php$ {
try_files $uri =404;
fastcgi_pass unix:/var/run/php-fpm/php-fpm.sock;
fastcgi_index index.php;
fastcgi_param SCRIPT_FILENAME $document_root$fastcgi_script_name;
include fastcgi_params;
}
}

Install PHP 7 Centos 7

Run the following command s in the given order

yum -y update

yum -y install epel-release

yum install -y http://dl.iuscommunity.org/pub/ius/stable/CentOS/7/x86_64/ius-release-1.0-14.ius.centos7.noarch.rpm

yum -y update

yum -y install php71u php71u-pdo php71u-mysqlnd php71u-opcache php71u-xml php71u-mcrypt php71u-gd php71u-devel php71u-mysql php71u-intl php71u-mbstring php71u-bcmath php71u-json php71u-iconv php71u-soap php71u-fpm  php71u-cli 

service httpd restart

php -v