March 10, 2026

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Nigeria Economy

IMF Global Growth Outlook 2026 Nigeria Ranks Among Top Contributors

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Nigeria has been listed among the world’s top contributors to global economic growth in 2026, according to the International Monetary Fund. The IMF global growth outlook 2026 Nigeria projection places the country ahead of several advanced economies in the Fund’s latest ranking and underscores a wider shift toward emerging markets as the main engines of world expansion....

Rewane Projects Inflation Averaging 16% in 2026

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Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has projected that inflation averaging 16% will define Nigeria’s economic outlook in 2026. He attributes the forecast to base-year effects from the new CPI methodology, exchange rate pressures and debt servicing costs, urging businesses to prioritise strategic liquidity and risk management amid lingering macroeconomic uncertainty....

Confidence Abroad, Contraction at Home: The Split Reality of Nigeria’s 2025 Economy

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Nigeria is winning praise abroad but losing traction at home. From FATF reforms that restored global confidence to Dangote’s refinery expansion signaling industrial ambition, the country looks renewed on paper — yet on the ground, manufacturing is stalling, demand is collapsing, and inflation keeps biting. This is Nigeria’s new economic paradox....

Nigeria Exits FATF Grey List as CBN Declares Confidence Restored in Financial System

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Nigeria’s removal from the Financial Action Task Force (FATF) grey list marks a major credibility win for the country’s financial system. The Central Bank says it reflects stronger anti-money laundering reforms, improved compliance, and renewed investor confidence — potentially unlocking billions in foreign capital inflows and lowering compliance risks for banks....

NNPCL: International Syndicates Behind Oil Theft in Nigeria

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The Nigerian National Petroleum Company Limited (NNPCL) has warned that crude oil theft in Nigeria is being driven by sophisticated international syndicates. Group CEO Mele Kyari’s successor, Bashir Ojulari, revealed that intensified collaboration between security and intelligence agencies has restored confidence in pipelines and crippled organised theft networks....

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