Confidence in Nigeria’s economy strengthened further in June 2025, with the Industry sector leading the surge, as the overall Confidence Index rose to 20.7 index points from 18.7 in May.
The latest figure reflects rising optimism among businesses about macroeconomic prospects, particularly in industry-driven activity. This was disclosed in the Central Bank of Nigeria’s Business Expectations Survey (BES) for June 2025, which was published on its website on Friday.
The report highlights growing confidence among respondent firms and forecasts that this optimistic trend will continue over the next six months, with the index projected to rise to 41.3 index points.
