LunagisthubIMF Sees Nigeria’s Economy Growing at 4.4% in 2026
The International Monetary Fund (IMF) has upgraded Nigeria’s economic growth forecast to 4.4% for 2026, citing the country’s macroeconomic stabilization efforts as a key driver of the improved outlook. According to the IMF’s January 2026 World Economic Outlook Update, Nigeria’s economy is expected to grow at a steady pace, driven by favorable commodity prices and improving macroeconomic conditions .
– The IMF has revised its growth projection for Sub-Saharan Africa upward to 4.4% in 2025 and 4.6% in 2026 and 2027, citing Nigeria as one of the key economies where policy adjustments are paying off.
– Nigeria’s economy is projected to grow by 4.4% in 2026, driven by macroeconomic stabilization efforts and structural reforms.
– The IMF notes that higher prices for commodities such as gold, copper, and coffee have also supported growth across the region .
While the IMF has upgraded Nigeria’s growth forecast, it has also cautioned that downside risks persist, particularly for low-income and fragile economies. The Fund notes that cuts to international development assistance and a tightening of global financial conditions could pose significant challenges to Nigeria’s economic growth .
The IMF has revised global growth upward to 3.3% for 2026, citing resilience in the face of trade disruptions and heightened uncertainty. The Fund expects inflation to continue easing globally, declining from 4.1% in 2025 to 3.8% in 2026 and 3.4% in 2027 .
The IMF’s upgraded growth forecast for Nigeria reflects the country’s improving macroeconomic conditions and the impact of policy reforms. However, sustaining growth will require continued policy discipline and resilience against external shocks.
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