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CBN Forecasts Stronger Economic Growth and Lower Inflation in Nigeria for 2026

CBN Forecasts Stronger Economic Growth and Lower Inflation in Nigeria for 2026

The Central Bank of Nigeria (CBN) is pursuing economic growth and inflation control through reforms, forecasting a 4.49% GDP growth and 12.94% average inflation rate in 2026. The CBN expects external reserves to climb to $51.04 billion, driven by structural monetary reforms.

Governor Olayemi Cardoso highlighted progress at the 59th annual banker dinner, emphasizing the need for continued policy alignment and transparency to reset the economy.

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