Nigeria's Business Confidence Soars in September 2025: Agriculture and Manufacturing Sectors Thrive

Nigeria's business confidence surged to 107.9 points in September 2025, indicating a positive trend in the country's economic landscape. The Business Confidence Monitor report by IBTC revealed a steady rise in business performance since December 2024, showcasing optimism despite ongoing challenges.

Notably, the agriculture sector experienced growth, with increased crop production and government support programs boosting output. The manufacturing sector also maintained expansionary status, reflecting resilience and recovery in Nigeria's economy.

The data signifies a promising outlook for Nigerian businesses and highlights the sectoral improvements contributing to economic growth.