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IMF Raises Nigeria's Economic Growth Forecast to 4.4% Amidst Reforms

Business

The IMF has increased Nigeria's economic growth projection to 4.4% for 2026, up from 4.2% in 2025, as part of its January 2026 World Economic Outlook update. The growth outlook for Sub-Saharan Africa is also positive, with a projected rise to 4.6% in 2026.

The IMF attributes this growth to macroeconomic stabilization efforts and structural reforms in key economies globally. Despite some uncertainties like tariffs and global disruptions, the IMF expects steady growth, with China and India driving global expansion.

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