The International Monetary Fund has raised Nigeria’s economic growth forecast for 2026 to 4.4 per cent, up from the 4.2 per cent projected in October 2025. The revised outlook was published in the IMF’s January 2026 update of the World Economic Outlook, released on Monday.
The Fund said the upgrade reflects Nigeria’s ongoing economic adjustments, including policy reforms aimed at restoring macroeconomic stability and improving productivity across key sectors. It noted that the improved forecast aligns with a broader trend of gradual economic strengthening across Sub-Saharan Africa rather than an isolated revision for Nigeria.
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The IMF also revised regional growth in Sub-Saharan Africa to 4.4 per cent for 2026, while global growth is projected at 3.3 per cent. The Fund said global inflation is expected to continue easing, supported by technology-driven investment and relatively accommodative financial conditions.
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