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


Special Reports

Posted Tue, Apr 8, 2025 12:19 PM

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The 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 positive business for the third consecutive month in 2025, signalling favourable business conditions in the year.

As a result, the current Business Performance Index for March 2025 stands at +6.58, a weakly positive business performance and a slight decline compared to +11.50 points in February 2025.

Although not the top challenge this month, the high cost of commercial lease/rental property remains among the top three business challenges in the last two months. Other top-ranking business challenges include inadequate power supply, limited access to financing, and economic uncertainties.

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The Nigerian Economic Summit Group is a non-profit, non-partisan private-sector led think tank with a mandate to promote and champion the reform of the Nigerian economy into a modern globally competitive, sustainable, inclusive, open economy.

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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).