Group Chief Economist at Afreximbank, Dr Yemi Kale, has warned that Nigerias emerging macroeconomic stability could be short-lived without sustained policy discipline, stressing that credibility remains critical to attracting long-term capital and shielding the economy from external shocks.
Speaking at the FirstBank 2026 Nigerian Economic Outlook session, Kale said recent improvements in inflation trends and foreign exchange stability reflect the early gains of ongoing reforms, but cautioned that these gains must be consolidated through consistent fiscal management and deeper structural changes.
