Economic Signal Newsletter
Powered by NHM
Hiring in 8 countries shouldn't require 8 different processes
This guide from Deel breaks down how to build one global hiring system. You’ll learn about assessment frameworks that scale, how to do headcount planning across regions, and even intake processes that work everywhere. As HR pros know, hiring in one country is hard enough. So let this free global hiring guide give you the tools you need to avoid global hiring headaches.
Feb 5, 2026
Nigeria’s macroeconomic projected to become Africa’s third largest economy in 2026, surpassing Algeria with a GDP projection of $334 billion. The deeper shift is in the underlying structure of growth; Non oil sectors now dominate GDP composition, with real estate, agriculture, telecoms, and trade accounting for the majority of momentum, indicating a long overdue diversification away from oil dependency.
This growth narrative is supported by a series of structural reforms initiated by the Tinubu administration. The removal of fuel subsidies and unification of the exchange rate system, though politically difficult, have helped restore fiscal balance and attract investor interest. The IMF and World Bank have endorsed these reforms, and the Central Bank’s policy signaling suggests a commitment to maintaining stability in monetary and fiscal coordination. Investors are beginning to interpret these moves as a break from the volatility of prior cycles.
Yet the promise of Nigeria’s economic rise sits in contrast with the experience on the ground. Inflation remains elevated, consumer demand is fragile, and access to credit is still constrained. Many businesses remain cautious, and households continue to struggle with affordability pressures. This tension between macro optimism and micro strain defines much of the 2026 outlook and creates both risk and opportunity for real estate investors.
Nigeria’s real estate sector stands to benefit from these macro shifts but will need to navigate them with strategy. Investors with long term capital and operational discipline can tap into high growth segments—mid income rentals, logistics infrastructure, student housing, and co living developments—especially in secondary cities seeing rising demand but limited supply.
Nigeria’s shift toward becoming Africa’s third largest economy will be a test of whether the country can align macroeconomic ambition with real sector transformation.
Here’s how I use Attio to run my day.
Attio is the AI CRM with conversational AI built directly into your workspace. Every morning, Ask Attio handles my prep:
Surfaces insights from calls and conversations across my entire CRM
Update records and create tasks without manual entry
Answers questions about deals, accounts, and customer signals that used to take hours to find
All in seconds. No searching, no switching tabs, no manual updates.
Ready to scale faster?
President Bola Tinubu has reinforced his administration’s dedication to Nigeria’s structural economic reforms, providing formal assurance to the World Bank that the government will not rescind its current policy direction despite prevailing domestic challenges. During a high-level consultative meeting at the State House on Tuesday, the President met with a World Bank delegation led by Anna Bjerde, Managing Director of Operations, to discuss the trajectory of the nation’s macroeconomic stability and long-term growth objectives.
President Tinubu characterized the reform agenda as a vital mechanism for stabilizing Africa’s largest economy and creating sustainable opportunities for its expanding population. He acknowledged that while the initial phase of these reforms has introduced significant hardship for Nigerian citizens, abandoning the path now would jeopardize the nation’s long-term developmental prospects. The administration remains focused on a firm policy course intended to deliver inclusive growth through strategic interventions in infrastructure, agriculture, and fiscal management.
The European Bank for Reconstruction and Development (EBRD) has officially launched its first investment in Nigeria, marking a historic entry into the sub-Saharan African financial sector. The institution has extended a US$100 million (€85.0 million) trade finance facility to Access Bank, Nigeria’s largest commercial bank by customer base.
This announcement, made on February 2, 2026, follows the formal commencement of EBRD operations in Nigeria in late 2025. The facility is part of the Bank’s Trade Facilitation Programme (TFP), designed to support the country’s economic transformation by enhancing liquidity for local businesses engaged in international trade.
The Central Bank of Nigeria (CBN) officially released its inaugural fintech assessment report, titled “Shaping the Future of Fintech in Nigeria: Innovation, Inclusion, and Integrity,” on Monday, 2 February 2026. The comprehensive document provides a detailed evaluation of the nation’s digital finance ecosystem, identifying regulatory bottlenecks while outlining a policy roadmap to sustain Nigeria’s leadership in global real-time payments.
The report, developed through extensive surveys and stakeholder engagements throughout 2025, positions fintech as a "complementary pillar" of the national financial system, essential for achieving the government's broader economic goals.
