Economic Outlook For 2026 Positive-CBN
The Governor, Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, yesterday gave a detailed report on the macroeconomic performance of the second half of 2025 and the outlook for 2026, affirming that Nigeria’s economic recovery is firm and broad-based, declaring that “the outlook for 2026 is positive.”
Cardoso said despite global headwinds, ranging from geopolitical tensions to fluctuations in oil prices, Nigeria has “consolidated macroeconomic stability, strengthened financial markets, and improved monetary policy effectiveness.”
He made the disclosure yesterday during the second statutory engagement of the year between the Senate Committee on Banking, Insurance and Other Financial Institutions and the apex bank, in Abuja
According to the CBN Governor, the Bank’s inflation-targeting transition, tighter monetary stance and FX market reforms have restored credibility to monetary policy.
For instance, he noted that the real GDP grew by 3.98 per cent in the third quarter of 2025, driven by crop production, ICT, real estate and financial services, while the Purchasing Managers’ Index reached 56.4 points in November, its highest level in five years, indicating stronger output growth
