Business Conditions to Improve in the Coming Month with NESG-Stanbic IBTC Insights

As the year comes to a close, experts and analysts are turning their attention to the future of business in Nigeria, offering predictions and insights shaped by comprehensive research. Among such analyses is the NESG-Stanbic IBTC Business Confidence Monitor report, a collaborative effort between the Nigerian Economic Summit Group (NESG) and Stanbic IBTC.?

The NESG, a non-profit, non-partisan private sector organisation, is dedicated to reforming Nigeria’s economy into a globally competitive, inclusive, and sustainable one. Stanbic IBTC’s partnership with NESG aligns with its vision of fostering sustainable economic development. This report provides valuable qualitative data on current business sentiments and short-term expectations for economic activities in Nigeria. In addition, it is a flagship survey as it utilises data-based research in making findings. In other words, the survey is administered to senior managers and business executives. This lends its authenticity and makes it invaluable to anyone looking to apply the findings.

The survey was conducted across key economic hubs: Lagos, Kano, and Abuja regions that host some of Nigeria’s largest markets. These areas influence economic activities nationwide, making the report’s findings a reliable benchmark for broader market expectations. The study is comprehensive, covering sectors such as trade, manufacturing, non-manufacturing, agriculture, and services, offering a holistic view of Nigeria's economic landscape.?

The report also reveals growing optimism among businesses, with expectations of improved general business conditions, higher production levels, and increased activity in the coming months. This positive outlook is driven by heightened economic activities typical of year-end periods and the resilience of business owners adapting to recent economic challenges.?

What sets this report apart is its accessibility. It simplifies complex economic issues, making the findings easy to understand for a diverse audience. By demystifying technical data, the report empowers business owners with actionable insights, enabling them to strategically position themselves for success in the coming year.?

Curious about the full details??Click ?here ?to read the complete report and prepare for a successful new year.