Nigeria: Nigeria's Economy to Grow 4.2 Percent in H2, Reform Gains Yet to Reach Households
[This Day] Nigeria's economy is projected to grow by 4.2 per cent in the second half of 2026, driven by higher crude oil production and stronger performance in dominant sectors, but the country is struggling to translate recent macroeconomic stability into inclusive growth, PricewaterhouseCoopers (PwC) has said.
Nigeria's economy is forecast to expand by 4.2% in the second half of 2026, boosted by increased crude oil output and robust growth in key industries, according to PricewaterhouseCoopers (PwC). However, the nation faces challenges in converting recent economic stability into equitable development, as highlighted in PwC's H2 2026 Nigeria Economic Outlook titled "Unlocking Nigeria's Reform Dividend: From Macroeconomic Stabilisation to Inclusive Growth."
Nigeria has achieved notable improvements in macroeconomic stabilisation, such as enhanced foreign exchange stability, reduced headline inflation, higher external reserves, increased revenue collection, and robust economic growth. Nevertheless, structural barriers and the transitional costs of reforms continue to hinder the benefits of these gains from reaching households and businesses.
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