Name: Nigeria Consumer Confidence
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Nigeria,Consumer Confidence,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Consumer Confidence in Nigeria increased to -14.60 points in June from -16.80 points in May of 2026. Consumer Confidence in Nigeria averaged -18.65 points from 2024 until 2026, reaching an all time high of 4.80 points in December of 2025 and a record low of -44.00 points in August of 2024. source: Central Bank of Nigeria

Consumer Confidence in Nigeria is expected to be -13.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Consumer Confidence is projected to trend around 3.00 points in 2027 and 6.00 points in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Consumer Confidence	-14.60	-16.80	points	Jun 2026
Consumer Spending	11532542.65	10131612.75	NGN Million	Dec 2024
Disposable Personal Income	21437390.24	20532203.99	NGN Million	Jun 2024
Gasoline Prices	0.92	0.87	USD/Liter	Jul 2026
Private Sector Credit	81041509.68	80585296.57	NGN Million	May 2026

Nigeria Consumer Confidence

In Nigeria, the Consumer Expectations Survey is based on a sample of 1665 households. It provides consumers’ tendencies and expectations for general economic conditions, job opportunities, personal financial standing and market developments. The overall consumer confidence index is computed as an average of three measures: the outlook on macroeconomic conditions, family financial situation and family income. The CES is computed as the percentage share of respondents that answered positively less the percentage share of respondents that answered negatively with regard to the given indicator.