- The IMF raised its forecast for Nigeria's 2026 economic growth to 4.2 per cent, from 4.1 per cent, in its World Economic Outlook released on Tuesday, 13 October 2026.
- The fund kept its 2027 forecast at 4.3 per cent but warned that higher prices for essentials will worsen poverty and food insecurity in Nigeria.
- The IMF expects global growth to slow to 3.1 per cent in 2026, while sub-Saharan Africa is forecast to grow by 4.5 per cent.
IMF raises Nigeria’s 2026 growth forecast to 4.2%: what it means for you
The IMF now expects Nigeria's economy to grow by 4.2% this year, up from 4.1%, but warns that higher prices for essentials will worsen poverty and food insecurity.
The International Monetary Fund has raised its forecast for Nigeria's economic growth in 2026 to 4.2 per cent, from 4.1 per cent, in its latest World Economic Outlook, released on Tuesday, 13 October 2026, at the IMF and World Bank annual meetings in Bangkok, Thailand, Premium Times and Vanguard reported. The fund kept its forecast for 2027 at 4.3 per…