CBN Survey: Insecurity and Poor Power Supply Top Constraints for Nigerian Businesses

The Central Bank of Nigeria's survey highlights insecurity and inadequate power supply as major obstacles faced by Nigerian businesses in October 2025. The survey identified key concerns such as poor infrastructure, unfavorable political climate, and financial challenges.

Despite these constraints, there is a growing sense of optimism among businesses, with the Business Confidence Index showing improvement. The report projects a positive outlook for the economy in the first half of 2026, with industries and agriculture leading the way.

Sustained improvements in sentiment and anticipated increases in demand are expected across major sectors.