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


Special Reports

Posted Sat, Feb 8, 2025 8:37 AM

Download Report (6 downloads)

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 recorded a modest improvement in performance during the month, signalling an uplift in the business environment and potentially improved business performance in 2025. As a result, the current Business Performance Index for January 2025 stands at +8.12, reflecting a rise in business activities and a moderate improvement compared to +0.77 points in December 2024. Businesses faced significant growth challenges this month, with inadequate power supply, availability of foreign exchange, limited access to financing, and unclear economic policies topping the list.

Find a report