Nigeria’s 2026 outlook is shaped by inflation dynamics, exchange-rate adjustment, fiscal pressure, oil-sector exposure, debt servicing, and the search for more durable growth. This LEAF report translates Nigeria’s macroeconomic environment into practical insight for investors, policymakers, operators, and analysts tracking Africa’s largest economy.
Published
Apr 2026
Format
PDF · 91 pages
Coverage
Nigeria
What it found
4.2%The 2026 outlook projects real GDP growth of 4.2%, headline inflation of 23.8%, and a gradual moderation in the Monetary Policy Rate to 26.67%.
27.6% → 15.2%Headline inflation fell from 27.6% in January to 15.2% in December, while food inflation declined from 29.63% to 10.8%.
97.13%The recovery was led by the non-oil economy, which accounted for about 97.13% of GDP in Q4 2025 — services, trade, telecoms and agriculture rather than crude.
