Nigeria’s Financial and Professional Services (FPS) sector is emerging as one of the country’s most important engines of reform-led growth, capital mobilisation and enterprise development, according to the newly launched State of Enterprise Report 2026, EnterpriseNGR’s flagship publication on Nigeria’s FPS sector.
The report provides a comprehensive, evidence-based assessment of the sector’s performance across banking, insurance, capital markets, asset management, pensions, non-interest finance, fintech, professional services and sustainable finance, showing how the sector continues to support economic growth, investor confidence, government revenue and private sector resilience.
Set against a difficult macroeconomic backdrop shaped by inflationary pressure, tight monetary conditions, exchange rate adjustments and ongoing structural reforms, the report finds that the FPS sector did more than withstand disruption.
It helped transmit confidence back into the economy by attracting capital, deepening financial intermediation, expanding digital access and supporting businesses through a period of transition.
Among the report’s most notable findings, Deposit
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