The Centre for the Promotion of Private Enterprise projects that Nigeria’s economy will grow by 4.0 % to 4.5 % in 2026. This forecast was presented by the Centre’s Chief Executive Officer, Dr. Muda Yusuf, in an economic review covering 2025 and the outlook for 2026. The expected expansion is attributed to continued moderation in inflation and a stronger performance from the non‑oil sector.
In 2025, Nigeria achieved a notable level of stability, most visibly in the foreign‑exchange market. This stability is seen as a solid foundation for the anticipated growth in 2026. The Centre expects the economy to move from a state of stability to one of growth, driven by sustained economic reforms.
The non‑oil sector is expected to play a crucial role in delivering the projected GDP growth, while the ongoing moderation of inflation will further support the expansion. Together, these factors suggest a period of cautious optimism for Nigeria’s economy in the coming year.
Although the Nigerian economy has faced challenges in recent years, including foreign‑exchange volatility and high inflation, the current forecast indicates a path toward recovery and growth. The Centre’s outlook underscores the importance of continued reforms and a robust non‑oil sector, positioning Nigeria for a promising phase of development in 2026.
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