Research Document: NESG Stanbic IBTC Business Confidence Monitor for June 2025


Special Reports

Posted Wed, Jul 2, 2025 11:09 AM

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The NESG-Stanbic IBTC Business Confidence Monitor (BCM) is the flagship survey-based report of the Nigerian Economic Summit Group (NESG), supported by Stanbic IBTC. This edition, published in July 2025, provides insights into business performance for June 2025.

Businesses in Nigeria maintained a positive performance streak for another month as the BCM index remained in the expansion region for the sixth consecutive month in 2025. The Current Business Performance Index for June 2025 stands at 113.6 points, signalling an improvement from 109.8 points recorded in May 2025.

In the month, limited access to financing was considered the most significant constraint on business growth. Other challenges in order of ranking are inadequate power supply, foreign exchange issues, unclear economic policies, and high commercial lease and property rental costs.

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