Nigeria moved into a borrowing position in 2025 after a sharp drop in foreign investment inflows and rising payments to investors weakened its financial account. This was disclosed by the Central Bank of Nigeria (CBN) in its latest balance of payments report. The decline happened even as the country’s external reserves increased, pointing to pressure …
Nigeria’s economy is projected to expand by 4.49% in 2026, according to the Central Bank of Nigeria (CBN), building on positive momentum from reforms in 2025. This projection is contained in the CBN’s Microeconomic Outlook for Nigeria, 2026 released earlier today, with the theme "Consolidating Microeconomic Stability Amid Global Uncertainty". In his note in the …
