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Research Document: NESG Stanbic IBTC Business Confidence Monitor for February 2025


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Posted Sat, Mar 8, 2025 8:54 AM

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The NESG-Stanbic IBTC Business Confidence Monitor (BCM) is the flagship survey-based report of the Nigerian Economic Summit Group (NESG), supported by Stanbic IBTC.

Businesses in Nigeria reported a sustained improvement in performance for the second consecutive month in 2025, signalling favourable business conditions in the year. As a result, the current Business Performance Index for February 2025 stands at +11.50, reflecting a rise in business activities and a moderate improvement compared to +5.69 points in January 2025.

Businesses faced significant growth challenges this month, with foreign exchange constraints, inadequate power supply, unclear economic policies, and limited access to financing topping the list.

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All text, graphics, audio files, code, downloadable material, and other works on this web site are the copyrighted works of the Nigerian Economic Summit Group (NESG).