Nigeria business confidence
Nigeria business confidence: -15.2 (913.33%)
Last Update: December 1, 2020
Last Update: December 1, 2020
Nigeria business confidence closed down -15.2 as of December 1, 2020 from -1.5 from the previous month and 29 from last year.
Nigeria business confidence Analytics & Data
Embed this chart in your website or Share this chart with your friends MacroVar Free Open Data enables you to Embed, Share and Download Nigeria business confidence historical data, charts and analysis in your website and with others.
Download the last 10 years of historical data for free by clicking Download Data. Sign up free to access full historical data.
Embed Nigeria business confidence Chart or Data Table in your website or Share this chart and data table with your friends.
Nigeria business confidence
| Date | Values |
|---|---|
| 2020-12-01 | -15.2 |
| 2020-11-01 | -1.5 |
| 2020-10-01 | -1.5 |
| 2020-09-01 | -17 |
| 2020-08-01 | 4.3 |
| 2020-07-01 | -7.9 |
| 2020-06-01 | -24.3 |
| 2020-05-01 | -66.2 |
| 2020-03-01 | 6.6 |
| 2020-02-01 | 26.6 |
| 2020-01-01 | 28.3 |
| 2019-12-01 | 30.3 |
| 2019-11-01 | 29 |
| 2019-10-01 | 27.3 |
| 2019-09-01 | 26.7 |
| 2019-08-01 | 28.6 |
| 2019-07-01 | 28.1 |
| 2019-06-01 | 27.3 |
| 2019-05-01 | 29.7 |
| 2019-04-01 | 29.2 |
Get notified instantly when MacroVar new signals are available for Nigeria business confidence. Create your free account
Embed the latest Nigeria business confidence Chart, Data Table or text to your website by clicking the 3 options below.
Copy the following Code to your Website
Download the last 10 years of historical data for free by clicking Download Data. MacroVar also enables you to Embed auto-updated Chart, Table and Live text to your website.
Sign up free to access full historical data of Nigeria business confidence.
Nigeria business confidence Statistics
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| business confidence | ng.bizconfidence | -15.2 | -1.5 | 913 | -152 | Down | Down | 32 | 2020-12-01 |
Nigeria business confidence Factors
MacroVar Quantitative Models analyzes financial and macroeconomic factors affecting to find uncorrelated trading ideas. MacroVar statistical models monitor dynamics and generate signals when unusual deviations are detected between financial markets and their factors Upgrade your account to access premium financial and
economic signals and research.
What is the Nigeria business confidence
Welcome to our webpage showcasing Nigeria business confidence data, trends, signals, analytics, and charts. Here, you will find valuable insights into the economic climate and sentiment of the business community in Nigeria.But first, what is Nigeria business confidence, and how should it be interpreted?
Nigeria business confidence refers to the level of optimism or pessimism that business owners and managers exhibit regarding the economic prospects of Nigeria. It is a measure of how confident the business community feels about the current and future state of the economy, which directly impacts their investment decisions, hiring plans, and overall economic activity.
High business confidence typically indicates a favorable economic environment characterized by robust growth prospects, stable market conditions, increased investment, and job creation. On the other hand, low business confidence suggests economic uncertainty, potential risks, and a more cautious approach by businesses.
Interpreting Nigeria business confidence data involves analyzing various factors, including survey responses, economic indicators, and expert opinions. By monitoring changes and trends over time, it becomes possible to identify shifts in sentiment, potential economic downturns or upturns, and areas of concern or optimism.
Now, let's explore the features and benefits of our webpage:
1. Current and Historical Data: We provide up-to-date and historical Nigeria business confidence data. Our comprehensive dataset allows you to track changes in business sentiment and make informed decisions based on past trends and patterns.
2. Trends and Signals: Our platform identifies and highlights key trends and signals within the Nigeria business confidence data. These insights help you understand the underlying factors shaping business sentiment and anticipate potential shifts in economic conditions.
3. Analytics and Charts: Our webpage offers interactive charts and analytics that visually represent Nigeria business confidence data. This visual representation facilitates a clearer understanding of historical trends, enabling you to identify correlations and patterns more effectively.
4. Export Historical Data: For further in-depth analysis, you can easily export our historical data for free. This feature allows you to perform your calculations, create custom charts, and incorporate the data into your own models or reports.
5. MacroVar Signals and Analysis: Our platform leverages advanced analytics and cutting-edge algorithms to provide MacroVar signals and analysis. These additional insights offer a deeper understanding of the economic environment in Nigeria, enhancing the accuracy of your decision-making process.
So, whether you are an investor, business owner, analyst, or researcher, our webpage equips you with the necessary tools and information to interpret Nigeria business confidence effectively. Stay ahead of economic trends, make informed decisions, and navigate the dynamic landscape of Nigeria's business environment with confidence.
Nigeria Financial Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| NSE All Share | ALLSHARE | 71230.5 | 1 | 1 | 1.60129 | 74.6549 | 0.0025 | 0.00165 | 0.06098 | 0.61846 |
| Nigeria ETF | NGE | 7.75 | -0.5 | -1 | -1.59522 | 38.6064 | 0.0144 | 0.02513 | -0.07468 | 0.053 |
| Nigerian Naira US Dollar (NGN/USD) | NGNUSD | 788.33 | 0 | 1 | 1.11221 | 50.9669 | 0.00169 | -0.00211 | 0.02176 | 0.78683 |
| Nigeria 10-year bond yield | NG.10Y | 15.433 | 1 | 1 | 2.13446 | 67.3937 | 0.00823 | 0.03251 | 0.04944 | 0.07525 |
| Nigeria 2-Year Bond Yield | NG.2Y | 15.147 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Nigeria Yield Curve | NG.YC | 0.784 | -1 | -1 | -3.5335 | 29.4427 | -0.73442 | -0.69706 | -0.59017 | -0.72179 |
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | Percentile | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | ng.balanceoftrade | 1741090 | -653831 | -366 | -2746 | UP | UP | 3 | 2023-07-31 |
| business confidence | ng.bizconfidence | -15.2 | -1.5 | 913 | -152 | Down | Down | 32 | 2020-12-01 |
| capacity utilization | ng.caputilization | 54.9 | 56.4 | -3 | 37 | UP | UP | 0 | 2023-06-30 |
| cash reserve ratio | ng.cashreserveratio | 45 | 45 | 0 | 38 | UP | UP | 99 | 2024-02-29 |
| composite pmi | ng.comppmi | 51.1 | 52.7 | -3 | 21 | Down | UP | 97 | 2024-03-31 |
| consumer confidence | ng.consconfidence | -14.8 | -21.2 | -30 | -1580 | Down | Down | 0 | 2020-12-31 |
| consumer price index cpi | ng.cpi | 701.9 | 681.4 | 3 | 33 | UP | UP | 100 | 2024-03-31 |
| core inflation rate | ng.coreinflationrate | 25.39 | 24.67 | 3 | 35 | UP | UP | 92 | 2024-02-29 |
| current account | ng.currentaccount | 3280 | 2870 | 14 | -200 | UP | UP | 23 | 2023-06-30 |
| current account to gdp | ng.currentaccountgdp | -0.3 | -0.5 | -40 | -110 | Down | Down | 0 | 2023-01-31 |
| deposit interest rate | ng.depositrate | 7.68 | 7.95 | -3 | 69 | UP | UP | 86 | 2023-06-30 |
| exports | ng.exports | 3026630 | 1878040 | 61 | 44 | UP | UP | 72 | 2023-02-28 |
| external debt | ng.externaldebt | 41594.5 | 43159.2 | -4 | 30 | UP | UP | 0 | 2023-09-30 |
| fiscal expenditure | ng.fiscalexp | 4040.18 | 4175.35 | -3 | 90 | UP | UP | 0 | 2023-09-30 |
| foreign exchange reserves | ng.fxreserves | 34260 | 33520 | 2 | -4 | UP | Down | 72 | 2024-03-31 |
| gdp | ng.gdp | 472.62 | 440.84 | 7 | 17 | UP | UP | 0 | 2023-01-31 |
| Real GDP | ng.realgdp | 21773300 | 19442300 | 12 | 11 | UP | UP | 53 | 2023-12-31 |
| gdp growth | ng.gdpgrowth | 12 | 9.7 | 24 | -1600 | UP | UP | 0 | 2023-12-31 |
| gdp growth annual | ng.gdpgrowthan | 3.46 | 2.54 | 36 | 3045 | UP | UP | 100 | 2023-12-31 |
| gold reserves | ng.goldres | 21.37 | 21.46 | 0 | 0 | Down | Down | 51 | 2021-06-30 |
| government budget | ng.govbudget | -6.1 | -5 | 22 | 336 | Down | Down | 0 | 2024-01-31 |
| Government budget | ng.govbudgetvalue | -2347.16 | -2665.26 | -12 | 88 | Down | Down | 0 | 2023-09-30 |
| government debt to gdp | ng.govdebtgdp | 38.8 | 38 | 2 | 123 | UP | UP | 0 | 2023-01-31 |
| government revenues | ng.govrev | 1693.02 | 1510.09 | 12 | 70 | UP | UP | 0 | 2023-09-30 |
| imports | ng.imports | 1285540 | 2531870 | -49 | -37 | Down | Down | 3 | 2023-02-28 |
| industrial production | ng.indproduction | -9.7 | 15.2 | -164 | 31 | Down | Down | 0 | 2023-06-30 |
| interest rate | ng.interestrate | 18.75 | 18.5 | 1 | 34 | UP | UP | 85 | 2023-07-25 |
| lending rate | ng.lendingrate | 13.85 | 14.07 | -2 | 14 | UP | UP | 91 | 2023-06-30 |
| manufacturing pmi | ng.manpmi | 42.8 | 49.4 | -13 | -16 | Down | Down | 18 | 2023-06-30 |
| money supply m0 | ng.msm0 | 3693570 | 3650500 | 1 | 276 | UP | UP | 100 | 2024-02-29 |
| money supply m1 | ng.msm1 | 30277200 | 31158900 | -3 | 44 | UP | UP | 90 | 2024-02-29 |
| money supply m2 | ng.msm2 | 93968500 | 92843000 | 1 | 78 | UP | UP | 98 | 2024-02-29 |
| services pmi | ng.servpmi | 51.1 | 52.7 | -3 | 3 | UP | UP | 60 | 2023-06-30 |
| unemployment rate | ng.unemploymentrate | 5 | 4.2 | 19 | -64 | Down | Down | 0 | 2021-06-30 |
| youth unemployment rate | ng.ytunemploymentrate | 8.6 | 7.2 | 19 | -66 | Down | Down | 0 | 2021-09-30 |