PwC Nigeria has forecast that Nigeria’s real GDP growth will reach about 4.3 percent in 2026.
The projection appeared in a statement released alongside PwC Nigeria’s 2026 Economic Outlook.
This forecast closely mirrors the World Bank’s latest Africa’s Pulse report on Nigeria’s economy.
The World Bank expects growth to strengthen to 4.4 percent between 2026 and 2027.
According to the report, ICT, finance, and real estate will remain major growth drivers.
PwC Nigeria expects inflation to ease gradually while the naira stays largely stable.
However, fiscal pressures will continue to limit government spending capacity.
As a result, efficient capital use and strong balance-sheet management become critical.
PwC Nigeria urges business leaders to make selective investment decisions across key sectors.
Additionally, firms should prepare for macroeconomic and geopolitical uncertainties.
Businesses must also adapt cost structures to improve long-term resilience.
The outlook further stresses accelerating digital transformation and responsible AI adoption.
Strengthening regulatory and tax compliance remains essential as reforms enter execution stages.
PwC Nigeria noted that macroeconomic stability improved significantly during 2025.
Monetary and foreign exchange reforms helped reduce inflation and stabilize exchange rates.
External reserves also strengthened, supporting investor confidence.
This stability now shapes investment, funding, and regulatory strategies for businesses in 2026.
According to PwC, predictable conditions allow better planning and sustainable growth decisions.
The report identifies seven factors influencing Nigeria’s economic performance in 2026.
These include monetary policy effectiveness and fiscal reform implementation.
Others include global dynamics, security challenges, consumer affordability, and digital expansion.
Globally, growth is projected at 3.1 percent, while merchandise trade remains weak.
Consequently, oil prices and foreign inflows will strongly influence Nigeria’s growth outlook.
