Nigeria's Business Performance Index Shows Positive Growth, Signals Improved Private Sector Outlook

Nigeria's Business Performance Index Shows Positive Growth, Signals Improved Private Sector Outlook

Nigeria’s Business Performance Index (BPI) saw a significant rise to +12.29 in April 2025, up from +6.58 in March, indicating a positive shift in private sector activity. 

This increase highlights a gradual recovery in business confidence, fueled by improvements in operational expectations, production levels, and slight progress in the broader macroeconomic landscape.

The uptick was revealed in the latest NESG-Stanbic IBTC Business Confidence Monitor (BCM) for May 2025, which carries the theme “Private Sector Sustains Growth Momentum Amid Obvious Business Risks and Challenges.”