Nigeria Stability Index
September 2026 Report
Edition 2026
“Hopeful”
Pillar Scores
Security
Tired
FX & Economy
Hopeful
Investor Confidence
Capital is cautious.
Governance
Uncertain
Social Stability
Tensions ease; mood is calm.
Monthly State Highlight
Kaduna State
Kaduna State, under Governor Uba Sani, topped the 2026 Transparency and Integrity Index with a score of 54.68%. The index, published by the Centre for Fiscal Transparency and Public Integrity (CeFTPI) and unveiled on 28 September 2026, assessed all 36 state governments on five equally weighted areas: fiscal transparency, open procurement, human resources and inclusion, control of corruption, and citizens’ engagement. Osun (50.54%) and Kwara (48.19%) followed, and Kaduna was one of only three states to score above 45%
Institution Highlight
CENTRAL BANK OF NIGERIA (CBN)
CBN data show Nigeria’s gross external reserves rose to $54.86 billion on 24 September 2026, up from $45.57 billion on 2 January. That is a gain of $9.29 billion (20.4%) in nine months, more than seven times the increase in the same period of 2025. Reserves crossed $54 billion on 3 September and now sit about $3.8 billion above the CBN’s own projected year-end level of $51.04 billion.
Public Sentiment
Average Public Score
Top mood: Tired
Sources & References
Sources pending.