CPPE Forecasts GDP Growth of 4.5% in 2026

CPPE Forecasts GDP Growth of 4.5% in 2026

According to the Centre for the Promotion of Private Enterprise (CPPE), Nigeria’s GDP might expand by up to 4.5% in 2026 if macroeconomic reforms continue, inflation is kept under control, currency rates remain stable, and the non-oil sector performs better.The forecast was included in CPPE’s Review of the Nigerian Economy in 2025 and Outlook for 2026, which Dr. Muda Yusuf, the organization’s CEO, published yesterday. The center claims that if present reform momentum is maintained and important risks are successfully addressed, Nigeria is ready to move from macroeconomic stabilization to a more strong growth phase.The group pointed out that the currency rate’s relative stability, with the naira mostly trading between N1,440 and N1,500 per US dollar, was one of the year’s most notable accomplishments. It found that the naira’s sporadic annual marginal appreciation boosted corporate confidence, reduced imported inflation, and brought predictability back to pricing, contracting, and investment planning. It further stated that this stability was crucial in reducing inflationary pressures throughout the economy. Headline inflation fell precipitously from 24.48 percent in January 2025 to roughly 14.45 percent by November, according to CPPE.

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