Nigeria's Economy Set for Growth in 2026, CPPE Predicts 4-4.5% GDP Increase

The Center for the Promotion of Private Enterprise (CPPE) forecasts Nigeria's economy transitioning from stability to growth in 2026, with a projected GDP growth of 4.0-4.5%. Dr. Muda Yusuf, CEO of CPPE, highlighted the positive outlook citing moderate inflation, stronger non-oil sector performance, and improved investor confidence.

However, challenges remain with weak fiscal performance, debt service obligations, and underperformance in the oil sector. Despite these, Nigeria's service sector continues to drive growth, accounting for 53% of GDP in Q3 2025.