Research Document: Business Confidence Monitor - Gauging the Pulse of Nigeria’s Business Environment (2-Pager)

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Posted Tue, Oct 22, 2024 12:54 AM

In 2024, Nigeria’s business environment has been challenging terrain, resulting in a mixed performance across different sectors of the economy. The macroeconomic environment continues to adjust to recent reforms while existing structural issues keep disrupting economic activities and motivating a new pattern of hindrances to business growth. Based on the responses from firms surveyed across the Trade, Agriculture, Manufacturing, Nonmanufacturing, and Services sectors, there is an indication that economic activities will continue to experience fragile recovery and constrained business momentum over the next few months, with key BCM leading indicators showing a cautiously pessimistic outlook.

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Research Document: Business Confidence Monitor - Gauging the Pulse of Nigeria’s Business Environment (2-Pager)

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