PwC Report: 91% of Nigerian CEOs Optimistic About Economic Growth in Next 12 Months

The PwC report indicates that 91% of Nigerian CEOs are confident about the country's economic improvement in the next 12 months, a significant increase from 64% last year. The CEOs are shifting focus towards internal transformation, cyber risks, and talent acquisition, with concerns about inflation decreasing.

Key priorities include technology adoption, cybersecurity, and acquiring essential skills. The report highlights that Nigerian CEOs are increasingly adopting AI in various business activities, with a focus on sectors like power utilities, telecommunications, and asset wealth management.

While there is an appetite for diversification beyond Nigeria's borders, most CEOs plan to strengthen enterprise-wide cybersecurity in the next three years. Additionally, the report emphasizes the impact of Nigeria's 2025 tax reform and the rising concerns about climate change and social inequity on business operations.