The World Bank has issued an upgraded economic outlook for Nigeria, projecting a growth rate of 4.4% in 2026, a significant increase from its previous forecast of 3.7%. This revision signals a strengthening recovery and positions Africa’s largest economy for its strongest expansion in over a decade.
According to the institution, the more optimistic forecast is driven by improving macroeconomic conditions, rising investor confidence, and the positive impact of recent government reforms. The World Bank also highlighted that gradual stabilization across key economic sectors is a major factor contributing to the improved growth prospects.
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