Nigeria, Jan. 9 -- Nigeria's gross domestic product (GDP) is expected to enlarge by 4.3 per cent in 2026, backed by expanding services, a steady improvement in oil and non-oil exports as well as increased macro stability and investor confidence, according to a new report by PricewaterhouseCoopers (PwC).
The professional services firm is taking a more optimistic view of Nigeria's economic performance this year, compared to 2025, for which it projected a 3.3 per cent growth, as it anticipates gradual easing of monetary policy rate to strengthen Nigeria's refinancing conditions.
Africa's biggest oil producer cut is reference interest rate by 50 basis points to 27 per cent last September, its first rate reduction since 2020, following susta...
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