Business Confidence in Nigeria increased to -7.90 points in July from -24.30 points in June of 2020.
Business Confidence in Nigeria averaged 13.54 points from 2008 until 2020, reaching an all time high of 41.10 points in June of 2011 and a record low of -66.20 points in May of 2020. This page provides - Nigeria Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Business Confidence - values, historical data and charts - was last updated on August of 2020. source: Central Bank of Nigeria
Business Confidence in Nigeria is expected to be -10.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Nigeria to stand at 15.00 in 12 months time. In the long-term, the Nigeria Business Confidence is projected to trend around 20.00 points in 2021 and 25.00 points in 2022, according to our econometric models.