Nigeria is expected to emerge as a leading destination for investors seeking higher returns in Africa by 2026, according to EnterpriseNGR. The projection is based on anticipated economic stabilization resulting from ongoing reforms in the country. The firm unveiled its 2026 Nigeria Macroeconomic Outlook report in Lagos, highlighting the nation's potential.

The report, a collaboration between EnterpriseNGR and EY, forecasts a real GDP growth of approximately 4.4 percent for 2026. This figure is in line with projections from both the World Bank and the International Monetary Fund (IMF). The anticipated growth is expected to be supported by expansion within the services sector, improved foreign exchange conditions, and stronger financial intermediation.

EnterpriseNGR is a private sector group that promotes policies designed to enable the growth and competitiveness of Nigeria’s Financial and Professional Services (FPS) sector. The organization aims to transform Nigeria into Africa’s foremost financial services hub.

Obi Ibekwe, chief executive officer of EnterpriseNGR, emphasized the report's significance beyond simply documenting economic trends. According to Ibekwe, the outlook serves as a practical guide for navigating the opportunities arising from Nigeria’s reform-driven macroeconomic environment. "It is with a strong sense of purpose that I present the EnterpriseNGR 2026 Macroeconomic Outlook A Financial and Professional Services Perspective, a landmark publication developed through the strategic collaboration between EnterpriseNGR and EY," Ibekwe stated.

The projected growth hinges on the successful implementation and continued impact of the current economic reforms. Improved foreign exchange conditions, specifically, are expected to play a critical role in attracting foreign investment and boosting economic activity across various sectors. Market watchers suggest that continued stability in the exchange rate will be crucial for maintaining investor confidence.

The report's focus on the Financial and Professional Services sector highlights the importance of this sector in driving overall economic growth. A strong and competitive FPS sector is seen as essential for attracting investment, facilitating trade, and supporting the development of other industries within the Nigerian economy. The expectation is that the sector will continue to expand, contributing significantly to the nation's GDP in the coming years.