Business confidence rises for the sixth time, yet cost remains high

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Business confidence has grown for the sixth consecutive month in 2025 on tamer inflationary pressures even as firms continue to grapple with high cost of doing business, according to NESG-Stanbic IBTC Business Confidence Monitor (BCM).


The Current Business Index rose to 113.6 points in June, up from 109.8 points in May 2025 as overall business conditions continue to improve on easing macroeconomic fundamentals.


“Businesses in Nigeria maintained a positive performance streak for another month, as the BCM Index stayed in the expansion region for the sixth consecutive month in 2025,” the report stated.

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