Nigeria’s Business Performance Index maintained positive momentum for the sixth consecutive month in 2025, reflecting sustained economic resilience and cautious optimism among businesses, according to the June 2025 edition of the NESG-Stanbic IBTC Business Confidence Monitor (BCM) report released in July.
The report stated that the Current Business Performance Index for June rose to 113.6 points, an improvement from 109.8 points in May.
This shows continued expansion, with the index consistently staying above the 100-point threshold that separates growth from contraction.
The Business Confidence Measure, which captures business sentiment regarding future performance, surged to 134.5 points in June its highest level so far in 2025.
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Among all sectors, manufacturing emerged as the top performer, with the sector index climbing to 123.6 points in June, up from 114.4 points in May.
This jump reflects solid growth in key sub-sectors including Textile, Apparel & Footwear, Cement, Plastic and Rubber Products, Wood and Wood Products and Pulp, Paper and Paper Products.
These industries were instrumental in driving the expansion, with firms reporting increased production volumes and stronger supply chain performance.
…nairametrics.com/2025/08/03/nig…
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