Report: Improvement in Manufacturing, Trade, Service Drove Business Expansion in May

Thisdaylive | 12-06-2026 02:48pm |

The Nigeria Economic Summit Group’s Business Confidence Monitor (BCM) report indicated that the month of May 2026 witnessed notable business expansion, primarily attributed to enhancements in the manufacturing, services, and trade sectors. This improvement reflects a positive trend in economic activity, suggesting a robust recovery and growth within these critical areas. The findings underscore the resilience of the Nigerian economy amidst various challenges, highlighting the ongoing efforts to bolster business confidence and operational performance across industries.

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