World Bank Raises Nigeria’s 2026 Growth Forecast to 4.4%

T The World Bank has revised upward its economic growth projection for Nigeria, forecasting a 4.4 per cent expansion in 2026, an increase from its earlier estimate of 3.7 per cent.

The revised outlook signals a strengthening recovery for Africa’s largest economy and places Nigeria on track for its strongest growth performance in more than a decade.

In its latest assessment, the World Bank attributed the improved forecast to better macroeconomic conditions, rising investor confidence, and the positive effects of recent economic reforms.

“Improving macroeconomic stability, renewed investor confidence, and the implementation of key reforms are beginning to yield positive results for Nigeria’s economy,” the World Bank stated.

The global financial institution also noted that gradual stabilization across major sectors of the economy is providing additional support for the more optimistic growth outlook.

According to the Bank, sustained reform momentum and policy consistency will be critical to maintaining growth and translating economic gains into broader development outcomes for Nigerians.