CBN Forecasts Inflation Decline to 12.94% in 2026, Bullish Market Outlook

The Central Bank of Nigeria (CBN) forecasts a decrease in inflation to 12.94% in 2026, driven by lower food prices and reduced costs of premium motor spirit. The CBN's macroeconomic outlook for Nigeria includes improved domestic supply conditions and stabilized energy prices, expected to alleviate cost pressures on households and businesses.

The bank also projects a bullish capital market outlook for 2026, supported by ongoing bank recapitalization and rising investor confidence. Various factors such as exchange rate movements, fiscal operations, and policy measures are expected to influence economic growth and liquidity conditions in the country.