Nigeria is entering the second half of 2026 with its economy showing its strongest signs of stability in years. But a resurgence in inflation and mounting political spending ahead of the 2027 general elections threaten to test the durability of those gains.
The months ahead are expected to shape the direction of Africa's fourth-largest economy. Businesses and investors in H2 2026 will determine whether Nigeria's reform programme evolves into a sustainable recovery or faces another period of macroeconomic turbulence.
The first half of 2026
