Report Reveals Positive Outlook For Nigeria's Economy

28 Days(s) Ago    👁 55
report reveals positive outlook for nigerias economy
Report Reveals Positive Outlook for Nigerias Economy

Africa's biggest economy is targeting a period of reform-driven economic stability that could bolster growth and investor confidence, according to the 2026 Nigeria Macroeconomic Outlook by EnterpriseNGR in partnership with EY.

The report, unveiled in Lagos on Thursday, forecasts real GDP growth of around 4.4 per cent this year, supported by an expansion in the services sector, improved foreign exchange conditions, and stronger financial intermediation.

Economists said the combination of structural reforms and macroeconomic stability may help attract foreign capital at a time when emerging markets face headwinds from global interest rate volatility. The report positions Nigeria as a potential bright spot for investors seeking higher returns in Africa, amid slowing growth in major economies.

Disclaimer: We are a news aggregator. See full disclaimer here.