Nigeria: Business confidence survey
* indicates monthly or quarterly data series
The most recent value is 7.2 points as of June 2026, a decline compared to the previous value of 7.9 points. Historically, the average for Nigeria from February 2018 to June 2026 is 11.51 points. The minimum of -66.2 points was recorded in May 2020, while the maximum of 39.4 points was reached in February 2026.
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* indicates monthly or quarterly data series
- Measure: points
- Source: Central Bank of Nigeria
| Recent values | Nigeria: Business confidence survey |
|---|---|
| 2026 Jun | 7.2 |
| 2026 May | 7.9 |
| 2026 Apr | 3.9 |
| 2026 Mar | 15.6 |
| 2026 Feb | 39.4 |
| 2026 Jan | 38.2 |
| 2025 Dec | 37.5 |
| 2025 Nov | 37.5 |
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Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 3.76 | Q4/2023 | percent |
| Business confidence survey | 7.20 | 6/2026 | points |
| Consumer confidence | -0.80 | Q2/2026 | points |