Speaking at the PwC + BusinessDay 2026 Executive Roundtable, Kunle Amida, partner, Deals Advisory at PwC, identified key trends expected to shape Nigeria’s investment landscape in 2026. He pointed to improving macroeconomic stability across the economy. He also highlighted deeper scrutiny of transactions. According to him, institutional investors are gradually returning to the Nigerian market.
Amida said investment activity in 2026 will be driven by a delicate balancing act between asset valuation and deal completion risks. He said this is particularly evident following Nigeria’s revised capital gains tax (CGT) regime. According to him, the new tax framework is forcing both buyers and sellers to reassess pricing assumptions. This has lengthened negotiations. It has also placed greater emphasis on execution certainty.
“Transactions are no longer just about price,” he noted. “There is now a much stronger focus on whether deals can actually close under the new regulatory and tax environment.”