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Nigerian Business Confidence Strengthens for Second Consecutive Month

© Johnny Greig / Alamy Stock Photo
  • Business Performance Index rises to +11.5 in February from +5.7 in January
  • FX challenges, power shortages, and policy uncertainty weigh on growth

Lagos, Nigeria – Nigerian businesses recorded a second consecutive month of improved performance in February, according to the NESG-Stanbic IBTC Business Confidence Monitor issued on Monday, reflecting a healthier business environment and improving economic conditions.

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