Business activities in Nigeria saw a sustained improvement in February as the economic reforms bear fruit.
According to the latest NESG-Stanbic IBTC Business Confidence Monitor (BCM), the Current Business Performance Index rose to +11.50, up from +5.69 in January, signaling continued growth despite persistent economic challenges.
It said the trade sector led the gains with a robust increase of +21.48, followed by manufacturing (+10.35), non-manufacturing (+10.21), services (+7.15), and agriculture (+2.69).