Economy

Nigeria Poised for Decade-High Economic Boom in 2026, Says Bismarck Rewane

Nigeria’s economic outlook for 2026 is gaining renewed momentum as economist Bismarck Rewane projects a significant expansion driven by improving macroeconomic indicators and strengthened investor confidence.

Rewane noted that the combination of moderating inflation, rising private-sector activity, and stabilising monetary conditions is positioning the country for one of its strongest growth phases in more than ten years.

He explained that the alignment of fiscal and monetary strategies, together with reforms across key sectors, is beginning to yield measurable progress.

Market analysts say Nigeria’s investment climate has been improving as corporate institutions accelerate capital-raising plans, pursue new listings, and attract offshore interest.

The anticipated pickup in domestic production, supported by better policy clarity, is also expected to add momentum through 2026.

Rewane highlighted that easing pressure on consumer prices and a more predictable financial system are critical components of the projected expansion.

According to him, sustained monetary stability remains essential for strengthening the productive base and unlocking real sector growth.

He added that the return of stronger capital flows, coupled with renewed business expansion efforts, could support higher output levels and reinforce Nigeria’s medium-term economic direction.

While risks remain, including global commodity volatility and domestic structural gaps, economists say the forward guidance reflects growing optimism in the market and signals a potential turning point for Africa’s largest economy.