Nigerian firms show confidence in macroeconomy, expect stronger naira – CBN Report

Share

…as industry sector tops confidence index for next six months


In May 2025, Nigerian firms across all sectors demonstrated a strong sense of optimism regarding the state of the macroeconomy, according to the Central Bank of Nigeria (CBN).


Among the sectors, agriculture recorded the highest confidence levels during the review month, reflecting growing faith in its stability and performance. Meanwhile, the mining and quarrying sector along with the electricity, gas and water supply sector showed the most aggressive plans for business expansion heading into June 2025.

Read more

Local News