IMF Forecasts 4.4% Growth for Nigeria in 2026, Flags Inflation Concerns

The IMF forecasts Nigeria's economy to grow by 4.4% in 2026, citing improved macroeconomic conditions. However, inflation remains a challenge, limiting policy flexibility.

Dr. Christian Ebek of the IMF cautioned Nigeria against undoing recent economic reforms and highlighted the need for continued reform efforts to maintain macroeconomic stability. The IMF also projects growth across sub-Saharan Africa to strengthen, with a focus on sustaining reform initiatives.

The report emphasizes the importance of avoiding policy reversals, particularly amidst political pressures ahead of elections.