Business confidence survey in Nigeria, September, 2020
For that indicator, we provide data for Nigeria from February 2018 to September 2020. The average value for Nigeria during that period was 18.06 points with a minimum of -66.2 points in May 2020 and a maximum of 34.7 points in June 2018.
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Source: Central Bank of Nigeria
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.