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Home Economy CBN flags 2026 growth at 4.49%, expects inflation slide to 12.94%

CBN flags 2026 growth at 4.49%, expects inflation slide to 12.94%

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2025-12-31 09:00:00

According to The Nation, the Central Bank of Nigeria’s latest macro outlook projects real GDP growth of about 4.49% in 2026, while average inflation is expected to ease to roughly 12.94% as reforms, forex stability and improved output begin to bite.

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The outlook points to a mix of stronger non‑oil activity and a steadier external position, with the apex bank signalling that structural reforms and better macro coordination could support a more durable recovery.

Markets will watch whether the assumptions—especially oil output and FX conditions—hold into Q1 2026, and how the forecast shapes monetary-policy expectations.

Reuters also reported that the CBN “forecasts 4.49% economic growth” and sees inflation “easing to an average 12.94% in 2026,” while BusinessDay similarly wrote that Nigeria’s economy is “projected to expand by 4.49 percent in 2026.”

Echotitbits take: The headline numbers look optimistic versus Nigeria’s recent inflation experience. The real test is whether disinflation is driven by supply (food, logistics, energy) and FX stability—not just base effects. Watch Q1 inflation prints and CBN messaging on rates/liquidity.

Source: Guardian — December 31, 2025 (https://guardian.ng/business-services/cbn-projects-4-49-growth-lower-inflation-in-2026-outlook/)

Guardian December 31, 2025

Photo Credit: Guardian

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