EnterpriseNGR predicts that recent reforms in Nigeria will stabilize the Nigerian economy in 2026. The company also noted that Nigeria is home for investors seeking higher returns in Africa as growth in major economies slows.
EnterpriseNGR reveals this in its Nigeria Macroeconomic Outlook 2026 in partnership with EY, and their growth forecast is in line with the World Bank and IMF’s forecast for Nigeria’s GDP growth of 4.4%.
EnterpriseNGR is a member-led private sector group that promotes a policy environment that enables the growth and competitiveness of Nigeria’s financial and professional services (FPS) sector.
The company brings together organizations in the Financial and Professional Services (FPS) sector to support Nigeria’s transformation into Africa’s leading financial services destination.
The country’s 2026 Nigeria Macroeconomic Outlook Report, released in Lagos on Thursday, forecasts real GDP growth of about 4.4% in 2025, supported by an expanding services sector, improved exchange rate conditions and stronger financial intermediation.
While speaking on the report, the Chief Executive Officer of EnterpriseNGR, Mr. Obi Ibekwe, said the report not only documents economic trends but also provides guidance to navigate the opportunities arising from Nigeria’s reform-driven macroeconomic landscape.
“It is with a strong sense of purpose that I present a ground-breaking publication, EnterpriseNGR 2026 Macroeconomic Outlook: A Financial and Professional Services Perspective, developed through the strategic collaboration between EnterpriseNGR and EY,” said Ibekwe.
“Based on the theme “Reform-led Stability: Boosting Confidence and Unleashing Sustainable Growth,” this Outlook not only documents Nigeria’s economic development but also provides clear and forward-looking guidance to navigate the opportunities emerging from a reformed macroeconomic landscape.”
Ibekwe noted that after a period of structural adjustment, including foreign exchange market integration and fiscal policy readjustment, Nigeria has entered a phase of stability and reform-driven growth.
He said inflation slowing to 15.15%, real GDP growth gaining momentum, and foreign exchange reserves reaching multi-year highs are all important indicators supporting this change.
He said reforms to the foreign exchange market, fiscal framework and financial system were painful but essential to correct long-standing distortions.
“What this outlook makes clear is that Nigeria has reached an adjusted inflection point. Key indicators such as inflation, foreign exchange liquidity, foreign exchange reserves and investor sentiment suggest that the foundations for macroeconomic stability have already been laid,” Ibekwe said.
Ibekwe added that the growth structure is also changing, with the non-oil sector accounting for more than 96% of GDP, reflecting the expanding role of services, financial intermediation, telecommunications, trade and the creative economy, with the ongoing banking and insurance recapitalization, the 2025 Nigeria Tax Act, insurance reform and strengthening of governance standards reshaping balance sheets and credibility across the professional and financial services sectors.
