Nigeria’s economy recorded notable stabilisation in 2025, supported by stronger GDP growth, easing inflation, improved fiscal metrics, and relative stability in the foreign exchange market following recent policy reforms. While these developments signal meaningful progress, the improvements have yet to translate into better living standards for most Nigerians, underscoring the need for deeper consolidation, growth transmission, and structural reform as the economy moves into 2026.

Looking ahead, the 2026 outlook remains cautiously optimistic, with Nigerian equities still trading at significant discounts to peer markets despite strong returns in 2025. Financial services, industrials, and fast-moving consumer goods are expected to benefit from moderating inflation, recovering consumer demand, and potential monetary policy easing aligned with global trends. Sustained investor confidence, however, will depend on disciplined policy coordination, responsible tax reform implementation, improved security, and stronger fiscal accountability.

Click here to read the full interview on BusinessDay.