Nigeria's Business Confidence Rises for 11 Months on Trade Boost
Nigeria's business confidence has risen for 11 straight months, driven by significant growth in the trade sector, according to a report by the Nigerian Economic Summit Group (NESG). The Business Confidence Monitor (BCM) showed a notable surge in trade activities, contributing to a positive outlook for the economy.
Various sectors like non-manufacturing, manufacturing, services, and agriculture also experienced growth, albeit at a moderate pace. The report highlighted improvements in general business situations, financial conditions, supply orders, and access to credit, indicating a positive trend in Nigeria's economic performance.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
Read full article
Continue on Business Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigeria's Business Confidence Index Hits 111.3 in October 2025, Showing Sector Expansion
Nigeria's Business Activity Expands for 12th Consecutive Month Despite Cost Pressures
Nigerian Firms Optimistic for Economic Growth and Naira Recovery
Nigeria's Merchandise Trade Surges to ₦38.9 Trillion in Q3 2025
Nigerian Businesses Optimistic for Stronger Naira and Improved Activity in 2026
Nigeria's Stock Market Transactions Double to N9.57 Trillion in 10 Months
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
