Nigeria’s H1 2026 Economic Review and H2 Outlook – Global Headwinds… Nigeria’s Resilience

August 1, 2026

Nigeria’s H1 2026 economic performance defied a turbulent global backdrop. As oil prices spiked to $113 a barrel and major central banks turned hawkish, Nigeria’s GDP growth reached 3.89%, inflation eased to 15.91%, and external reserves climbed to a multi-year high of $51.5 billion.

Kreston Pedabo’s H1 2026 Economic Review and Outlook for H2 2026 breaks down the data behind Nigeria’s economic resilience, covering the naira’s performance, capital markets, banking sector recapitalisation, fiscal and monetary policy reforms, and the key risks facing Nigeria’s economy ahead of the 2027 elections.