June 5, 2025/CBN EXECUTIVE SUMMARY Across all time frames, the positive trajectory of the Confidence Index (CI), a measure of overall business sentiment, reflects a broad-based optimism among respondent firms regarding the macroeconomic outlook. This sentiment appears to be driven by favourable expectations on the volume of business activity across […]

June 5, 2025/CBN Key Highlights  In May 2025, majority of the respondents opined that the current inflation rate was high. Most respondents (businesses and Households) identified energy, exchange rate, and transportation as the top three inflation drivers. However, natural disasters, activities of middlemen and infrastructural challenges were perceived as less […]

June 5, 2025 By Cyrena Novia The Director-General of the Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe, has paid working visits to two major Chinese enterprises operating in Nigeria, Golden Diamond Limited and Choice International Group (CIG) as part of efforts to strengthen bilateral trade and industrial cooperation between Nigeria and […]