One of Nigeria’s prominent policy advocacy groups, the Independent Media and Policy Initiative (IMPI), has projected that the country’s economy will grow by 5.5 per cent in 2026, citing the new economic model adopted by the administration of President Bola Ahmed Tinubu.
The real value of employees’ earnings fell sharply by about N2.79tn in 2024 to N25.48tn, indicating that workers became poorer as inflation wiped out gains from higher nominal pay, data from the Central Bank of Nigeria show.
Africa struggled to attract Foreign Direct Investment (FDI) in 2025 as inflows fell by 38 percent, even as global FDI rebounded by 14 percent, according to preliminary estimates by the United Nations Conference on Trade and Development (UNCTAD).