Business Confidence Dips In May Over Energy Shortages, Security Concerns

Nigeria’s business confidence index dipped in May, due to persistent energy shortages and worsening security concerns that have constrained agricultural output and overall business expansion, the NESG-Stanbic IBTC Business Confidence Monitor (BCM) has shown. The Current Business Index fell to +9.78 in May from +12.29 in April, reflecting this slowdown. Key challenges cited include ongoing [...]

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